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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.

SpencerKids Savings

Help your children learn the value of saving with this convenient custodial savings account. SpencerKids is a great way to get a head start in saving for your child’s future. With no minimum balance and only a $1 minimum deposit to open, SpencerKids is the perfect starter savings account for children under the age of 21, while utilizing custodial control to manage the funds efficiently.

SpencerKids features:

  • No minimum balance
  • $1 minimum opening deposit
  • No monthly service charges
  • Free Online Banking
  • Convenient Passbook
  • Interest earned on balances over $1

Open Your Account Today

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