Important Notice
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  Important Information
Financial Center Updates & Important Information Read More

As the virus transmission rate continues to increase again in New Jersey, we’d like to inform you that we will be closing our lobbies to the general public effective Monday, December 7, 2020. If you need to conduct business inside one of our financial centers, you will be required to schedule an appointment.  However, we will be operating our drive-up facilities as normal.  Please see our revised hours of operation and financial center contact information. Financial Center Locations

Prior to visiting us, please check our “locations” section on the website for updated financial center accessibility.  We appreciate your patience as we do our part to protect you and our employees from the spread of COVID-19. Financial Center Locations

Learn about all the ways Spencer is creating a safe and secure environment. 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!