Certificates of Deposit (CDs)
Spencer’s Certificate of Deposit accounts provide a convenient way to earn more. Use your funds to gain a higher rate of interest than a regular savings account. We offer a variety of CD terms to choose from. Stop by your local branch and sit with your branch representative to see which option is best for you.
- Competitive Annual Percentage Yields
- $1,000 minimum opening deposit
- Various terms from 91 days to 60 months to fit your investment goals
- Simple monthly interest paid for terms less than 12 months
- Compounded daily and credited monthly for terms 12 months or greater
- Convenient automatic renewals
- Premium pricing for Spencer Plus, Spencer Platinum and Spencer Gold customers
- Choice of a monthly check or automatically transfer funds to another Spencer account
- Premature withdrawal penalties may apply
Apply online, visit your local Financial Center, or call us at 1-800-363-8115 today!