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  Important Information
Financial Center Updates & Important Information Read More

Beginning Monday, March 15th the bank will resume full service status to our lobby areas with normal business hours. (No appointments are needed). Prior to visiting us, please check our “locations” section on the website for updated financial center accessibility. Financial Center Locations

We remain committed to do our part to ensure our community stays healthy during the COVID-19 pandemic. Spencer is creating a safe and secure environment for all who visit. Please take a few moments to review the safety protocols listed here prior to visiting us. Read More

We continue to stay committed to you during this difficult period.  View an updated message from our Chairman and CEO. Read More

Term Loan

Term Loans provide a specific amount of credit to purchase assets or meet specific financing needs. The loan is paid based on a predetermined schedule or monthly principal and interest payments. This loan is great for financing machinery, equipment or company vehicle purchases.

Term Loan features:

  • Loan Amounts up to $10 Million
  • Fixed Monthly Payments
  • Flexible Term Options Available
  • Longer Payback for Major Purchases
  • Local Decision Making
  • Monthly Itemized Statements
  • Monthly Auto-Deduct Option

Our term loans can cover your long-term financing needs, preserving your own funds. Let Spencer help determine the right term loan for you.

Inquire Now

Contact Us Today

Juan Oelofse

SVP & Director of C&I Lending 1-201-703-3817