Important Notice

Javascript must be enabled to view this website, please enable Javascript and reopen our website.
Skip to main content
  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 as the Referral Partner’s email address.

Westfield Grand Opening Offers

Limited Time! Only Valid through August 15, 2018

Westfield Grand Opening 15 month CD

Westfield Grand Opening E-Money

Spencer Savings Bank is proud to introduce its new Financial Center, conveniently located at 240 North Avenue West, directly across from the Westfield Train Station. Join us in celebrating our new location and take advantage of one of these special offers!


240 North Ave West
Westfield, NJ 07090

Monday thru Friday: 9AM – 6PM
Saturday: 9AM – 1PM

Monday thru Friday: 8AM – 8PM
Saturday: 8AM – 2PM


Spencer Free ParkingSpencer Savings Bank will reimburse you for up to two hours of parking fees.

*Spencer Savings Bank will issue a $1 statement credit to offset parking fees. Limit of 1 reimbursement per day. Available upon request only. Subject to change without notice.

Learn More

Contact Marta Alexandre, Financial Center Manager, at (908) 889-6390 or today!

Enjoy more convenient banking while still receiving the personalized service Spencer is known for!

*These special offers are only available at the Westfield Financial Center, located at 240 North Avenue West, through August 15, 2018. Individuals must live or work in the state of New Jersey or in Bucks County, PA. APY = Annual Percentage Yield. These offers are only valid on new money. Promotional rates cannot be combined with any other offers. Rates are subject to change without notice. The APY for both offers is accurate as of 7/01/18. 15-Month CD: $1,000 minimum balance to a maximum of $500,000 to earn stated APY. Rate of 2.85% APY is only valid on the 15-month CD. Interest is compounded daily and credited monthly. Spencer offers the convenience of automatic renewals. If either you or we prevent renewal, interest will not accrue after the final maturity. Early withdrawal penalties may be imposed and the fee could reduce principal. APY offered assumes interest remains on deposit until maturity. E-Money Market Account: $5,000 minimum daily balance to a maximum of $500,000 to earn stated rate of 1.75% APY. E-Money Market balance tiers: over $500,000 – 0.05% APY; $5,000 to $500,000 – 1.75% APY; $500 to $4,999.99 – .35% APY. Interest is compounded monthly and credited monthly. There is a $500 minimum daily balance required to avoid $5 monthly service charge and to earn interest. Transfers from a Money Market account to another account or to third parties by preauthorized, automatic, telephone, or computer transfer or by check, draft, or similar order to third parties are limited to six per month. Fees could reduce earnings on this account.