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  Coronavirus Update

We are offering a SBA Paycheck Protection Program to support our business customers. Read More

On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law. Among other forms of economic aid, the CARES Act provides businesses affected by COVID-19 with special assistance programs. One such Small Business Administration (SBA) program is the Paycheck Protection Program, which assists businesses with job retention and specific expenses. Spencer Savings Bank is proud to partner with FOUNTAINHEAD Commercial Capital / Small Business Finance, a top national SBA lender, to offer the Paycheck Protection Program for businesses in need. Click on the link below to fill out our short internal application form. After completing the form you will be directed to Fountainhead’s website with more information. Internal Application

When completing the application, on the Fountainhead website, please indicate Spencer Savings Bank as the FastTrack Partner, and PaycheckProtectionProgram@SpencerSavings.com as the Referral Partner’s email address.

Platinum Savings

Platinum Savings is a perfect solution for the aggressive saver that is looking to maximize their earning potential while maintaining easy access to their money. This competitive savings account offers the benefit of higher tiered interest rates than our Premium savings account, while still providing the convenient features of our other savings accounts. Keep track of your savings easily with free Spencer Online and eStatements.

Platinum Savings features:

  • $100 minimum opening deposit
  • Free ATM Card
  • Interest earned on balances over $100
  • Free Online Banking
  • Free eStatements
  • Tiered interest rates based on account balance

Apply Now

Open Your Account Today

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