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  Elizabeth Financial Center Closing
Our Elizabeth Financial Center will be closed Saturday, April 13th, Monday, April 15th and Tuesday, April 16th due to Financial Center repairs. This location will reopen on Wednesday, April 17th. Read More

For your convenience, please visit one of the following full-service locations during this time:

Union Financial Center
1350 Galloping Hill Rd.
Union, NJ 07083

Cranford Financial Center
213 South Avenue
Cranford, NJ 07016

Account information can also be accessed 24/7 through our online banking, mobile banking and telephone banking platforms. We apologize for the inconvenience.

Your Dream Retirement Awaits

13 Month IRA

Limited Time IRA Promotion

An Individual Retirement Account, or IRA, is an ideal savings vehicle for retirement. Consider rolling over an IRA from another bank or consolidating 401k accounts. Then, see how easy it can be to manage your portfolio with:

  • Guaranteed Rate of Return
  • Hassle-Free Paperwork
  • No-Fee Rollovers
  • Worry-Free Investing

Spencer’s IRA accounts allow for one annual penalty-free rate and term change for customers over 59 1/2 years of age.

Open Your Account Today

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


OFFER VALID ON NEW MONEY ONLY. *APY = Annual Percentage Yield. This APY is only valid on the 13-month IRA. To qualify for the 1.55% APY, customer must maintain an existing Platinum Checking Account or open a new Platinum Checking Account (same time as IRA account opening) which will maintain an average monthly balance of $2,500 or more. Platinum Checking Account must be in the same name as the IRA account holder. $25,000 minimum balance necessary to obtain the APY. Interest is compounded daily and credited monthly. APY assumes interest remains on deposit until maturity. A penalty will be imposed for premature withdrawals. Fees may reduce earnings on account. Premium APYs not available on promotional IRAs. Spencer offers the convenience of automatic renewals. For IRA accounts, one rate change is allowed per year, if you are over 59 1/2 years of age, without penalty. Please consult your tax advisor for tax-deductible status. If either you or we prevent renewal, interest will not accrue after final maturity. Rates are subject to change without notice and may be withdrawn at any time. Available to individuals living or working in New Jersey. APY is accurate as of 03/18/20.