Important Notice
Javascript must be enabled to view this website, please enable Javascript and reopen our website.
Skip to main content
  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

IRA CD vs. IRA Savings

Spencer’s IRAs are insured by the FDIC up to $250,000 per depositor.

IRA CD IRA Savings
Interest
  • Compounded daily and credited monthly
  • Compounded daily and credited monthly
Benefits
  • Term Change Option*
  • Terms ranging from 1-5 years
  • Minimum opening balance of $500
  • Fixed-rate for entire term
  • Automatic renewal option
  • Offers account flexibility
  • Make deposits at any time
  • Minimum opening balance of $100
  • Variable-rate savings
  • Earn money market rates
IRA Types
  • Available in Traditional or Roth
  • Available in Traditional or Roth
Rollover Here at Spencer, we can help you consolidate your retirement funds with a quick and easy IRA rollover. Let one of our Retirement Specialists take care of the paperwork for you.

*One term change is allowed per year for customers over age 59 ½ without penalty.

Open Your Account Today

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