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  Holiday Closing & Security Information
Spencer Savings Bank will be closed on Saturday, July 4th in observance of Independence Day. For your convenience, account information can be accessed 24/7 through our online banking, mobile banking and telephone banking platforms. Read Full Message

Protect Yourself From Scammers!
The banking industry has seen an increase in fraud attempts targeting customers. Spencer will never request your one-time passcode/security code, online banking username, password, PIN via text, email, or phone, nor request that you establish an account at another bank to secure your account balances.

If you receive such a request, do not respond or provide any information. Instead, contact our Customer Service Center immediately at 1-800-363-8115, regardless of the message channel.

Home Enhancer Mortgage

If the home you want to purchase needs repairs or remodeling, this special home mortgage loan may be the best choice for you. Spencer’s Home Enhancer mortgage allows you to purchase or refinance a property plus include in the loan amount the cost of making the repairs or improvements. Increase your borrowing power by basing your loan amount on your “after completion” value.

Home Enhancer Mortgage features:

  • Borrow Up To 30% of “Improved” Value
  • Fixed and Adjustable Products Available
  • Option to Roll Renovation/Permit Fees into Mortgage
  • No Income Limitations

Eligibility Requirements:

  • Property Must Be Located in Bergen, Essex, Hudson, Mercer, Middlesex, Morris, Passaic, Somerset or Union County
  • Owner-Occupied 1-4 Family Homes, Second Homes and Investment Properties Eligible. No Condominiums/Town Houses.

Apply Now

Today’s Rates

Contact Us Today

Jim Harilaou

Mortgage Sales Representative
NMLS# 519891 1-201-703-3800 ext. 8336
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