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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.

Statement Savings

No matter what your saving plan involves, our Statement Savings account is a great way to meet your savings goal. Save the way you want with tiered interest rates that increase with the balance you hold in your account. Keeping track of your savings is easy with a free ATM Card, Free Spencer Online and free eStatements.

Statement Savings features:

  • $100 Minimum Opening Deposit
  • Interest Earned on Balances over $100
  • Free ATM Card
  • Tiered Interest Rates Based on Account Balance
  • Free Online Banking
  • Free eStatements

Open Your Account Today

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