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  Holiday Closing & Passaic Street Financial Center Closure
Spencer Savings Bank will be closed on Friday, 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

Please be advised that our Passaic Street Financial Center will be CLOSED due to unforeseen maintenance.

Please visit one of our nearest full-service locations during this time.

Outwater Lane Financial Center | Elmwood Park Financial Center

We apologize for the inconvenience and look forward to continuing to serve your banking needs.

Coverdell Education Savings Account

With college costs constantly on the rise, saving for your child’s education should be started as early as possible. That’s why Spencer offers Coverdell Education Savings Accounts. This special savings account can be a powerful tool to help parents efficiently save for their child’s future while gaining exclusive benefits only available with a Coverdell Education Savings Account. Stop by your local branch today to see if a Coverdell Education Savings Account is right for you.

The Spencer Coverdell Education Savings account offers:

  • Various Investment Terms to Choose From
  • Contribution limit of $2,000 Per Child
  • Interest is Compounded Daily and Credited Monthly
  • Spencer Offers the Convenience of Automatic Renewals

Open Your Account Today

Visit your local Financial Center, or call us at 1-800-363-8115 today!