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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

PPP Loan Forgiveness Documents

PPP Loan Forgiveness Documents

To Our Valued Paycheck Protection Program Customers,

As a friendly reminder, the Small Business Administration (SBA), in consultation with the Department of the Treasury, has begun providing guidance regarding forgiveness of the Paycheck Protection Program (PPP) loans, as provided under section 1106 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), as amended by the Paycheck Protection Program Flexibility Act (Flexibility Act).

As of August 10, 2020, the PPP Forgiveness Platform went live and Spencer Savings Bank began accepting applications. To help keep you informed and get a head start, we are providing additional information. Please click on these links below to learn more information, complete the application and send us your documents.

Application Instructions
Application Form
Application Form – 3508EZ
Spencer DocDrop Website

Spencer Savings Bank remains committed to the business community and to helping our clients navigate through this process. Please contact our Customer Service Center, your personal Spencer banking representative, or Ben Davis below for any questions regarding the PPP Loan Forgiveness Platform. We thank you for being a valued client.

Contact Us

Customer Service

Ben Davis
Small Business Lending Coordinator
201-703-3800, ext. 8277