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Spencer Savings Bank Rates & Review June 2026
Content reviewed by
Brian McKay
Brian McKay
Founder & Data Architect
Expertise
Automated Online Rate Data Aggregation
Location-Based Rate Tables
Bank & Credit Union Health Safety Ratings
Bank & Credit Union Star Ratings
Finance Calculators
Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
Editorial Disclosure
The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
|✓Fact Checked|Rates Last Updated: June 3, 2026
Spencer Savings Bank's 11-Month rates are at 3.50%, IRA Certificates 11-Month rates are at 3.50%, 60-Month rates are at 0.65%, IRA Certificates 60-Month rates are at 0.65%, 48-Month rates are at 0.55%. Spencer Savings Bank's savings rates are at 0.00%. Spencer Savings Bank's 10 Year Fixed Rate rates are at 5.50%, 20 Year Fixed Rate rates are at 5.75%, 15 Year Fixed Rate rates are at 5.75%, 10 Year Fixed Rate rates are at 5.75%, 30 Year Fixed Rate rates are at 6.00%. MonitorBankRates evaluates the financial stability of Spencer Savings Bank with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 2.42%. Rates were last updated on 06/03/2026.
Spencer Savings Bank money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Spencer Savings Bank? Share your experience about Spencer Savings Bank by leaving a review below, or read customer reviews before you decide to use Spencer Savings Bank.
Overall Health & Safety Grade
?
A+
Exceptional HealthScore: 99/100
Overall Health & Safety Grade
Spencer Savings Bank has earned an overall safety grade of A+ (Exceptional, Score: 99/100).
This proprietary letter grade is calculated by combining the institution's Star Rating with its Texas Ratio, providing a straightforward indicator of its financial stability and reliability.
Grades range from A+ (Exceptional) to F (High Risk) based on objective FDIC regulatory data.
MonitorBankRates Rating
?
5.0
ExceptionalOut of 5.0 Stars
MonitorBankRates Star Rating
Spencer Savings Bank has earned a Star Rating of 5.0 out of 5 stars (Exceptional).
Our proprietary rating system evaluates financial stability including the Texas Ratio and capitalization and combines it with customer feedback (user reviews) to help you make informed banking decisions.
Texas Ratio
?
2.42%
ExcellentLower than avg
Spencer Savings Bank Texas Ratio
Spencer Savings Bank's Texas Ratio is 2.42%, which is considered excellent and is lower than the national average of 5.85%.
Spencer Savings Bank has a very low volume of non-performing assets compared to its available capital, signifying a strong balance sheet.
The Texas Ratio compares non-performing assets to tangible common equity and loan loss reserves. Lower is better.
DetailsInitial rate for 5 years, then adjusts annually. Loan Amounts: Up To $832,750. Payment Per $1000 Borrowed: $5.44. Apply Now: Contact Us
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
5/5/30 Year ARM HomeHelper
5.25%
0
6.12%
30
DetailsInitial rate for 5 years, then adjusts every 5 years. Loan Amounts: Up To 832,750. Payment Per $1000 Borrowed: $5.52. Apply Now: Contact Us
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
5/1/30 Year Adjustable Rate Loan
5.38%
0
6.17%
30
DetailsInitial rate for 5 years, then adjusts annually. Loan Amounts: Up To $832,750. Payment Per $1,000 Borrowed: $5.60. The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $750,000 and an estimated property value of $1,000,000. The property is an existing single family home and will be used as a primary residence. At a 5.375% initial interest rate, the APR for this loan type is 6.166%, subject to increase. Based on current market conditions, the monthly payment schedule would be: 60 payments of $4,199.78 at an interest rate of 5.375%; 299 payments of $4,802.33 at an interest rate of 6.625%; 1 payment of $4,802.99 at an interest rate of 6.625%. An escrow account will be required and the actual monthly payment will also include amounts for real estate taxes and flood insurance, if applicable.
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
30 Year Fixed First Lien
-
-
6.25%
30 Year
DetailsLoan Amounts: Up To $250,000
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
5/1/30 Year Adjustable Rate Loan
5.63%
0
6.26%
30
DetailsInitial rate for 5 years, then adjusts annually. Loan Amounts: Between $832,751 - $1,000,000. Payment Per $1000 Borrowed: $5.76. The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $1,200,000 and an estimated property value of $1,600,000. The property is an existing single family home and will be used as a primary residence. At a 5.625% initial interest rate, the APR for this loan type is 6.262%, subject to increase. Based on current market conditions, the monthly payment schedule would be: 60 payments of $6,907.88 at an interest rate of 5.625%; 299 payments of $7,683.73 at an interest rate of 6.625%; 1 payment of $7,684.19 at an interest rate of 6.625%. An escrow account will be required and the actual monthly payment will also include amounts for real estate taxes and flood insurance, if applicable.
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
7/1/30 Year ARM HomeHelper
5.88%
0
6.27%
30
DetailsInitial rate for 7 years, then adjusts annually. Loan Amounts: Up To 832,750. Payment Per $1000 Borrowed: $5.92. Apply Now: Contact Us
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
30 Year Fixed Rate
6.25%
0
6.28%
30 Year
DetailsLoan Amounts: $832,751-$1,000,000
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
20 Year Fixed Rate
6.25%
0
6.29%
20 Year
DetailsLoan Amounts: $1,000,001-$1,500,000
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
15 Year Fixed Rate
6.25%
0
6.30%
15 Year
DetailsLoan Amounts: $1,000,001-$1,500,000
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
10 Year Fixed Rate
6.25%
0
6.32%
10 Year
DetailsLoan Amounts: $1,500,001-$2,000,000
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
10/1/30 Year ARM HomeHelper
6.13%
0
6.33%
30
DetailsInitial rate for 10 years, then adjusts annually. Loan Amounts: Up To 832,750. Payment Per $1000 Borrowed: $6.08. Apply Now: Contact Us
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
5/1/30 Year Adjustable Rate Loan
5.88%
0
6.36%
30
DetailsInitial rate for 5 years, then adjusts annually. Loan Amounts: Between $1,000,001-$1,500,000. Payment Per $1000 Borrowed: $5.92. The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $1,850,000 and an estimated property value of $2,500,000. The property is an existing single family home and will be used as a primary residence. At a 5.875% initial interest rate, the APR for this loan type is 6.358%, subject to increase. Based on current market conditions, the monthly payment schedule would be: 60 payments of $10,943.45 at an interest rate of 5.875%; 299 payments of $11,845.75 at an interest rate of 6.625%; 1 payment of $11,846.58 at an interest rate of 6.625%. An escrow account will be required and the actual monthly payment will also include amounts for real estate taxes and flood insurance, if applicable.
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
7/1/30 Year Adjustable Rate Loan
6.13%
0
6.40%
30
DetailsInitial rate for 7 years, then adjusts annually. Loan Amounts: Up To $832,750. Payment Per $1000 Borrowed: $6.08. The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $750,000 and an estimated property value of $1,000,000. The property is an existing single family home and will be used as a primary residence. At a 6.125% initial interest rate, the APR for this loan type is 6.401%, subject to increase. Based on current market conditions, the monthly payment schedule would be: 84 payments of $4,557.08 at an interest rate of 6.125%; 275 payments of $4,802.33 at an interest rate of 6.625%; 1 payment of $4,802.94 at an interest rate of 6.625%. An escrow account will be required and the actual monthly payment will also include amounts for real estate taxes and flood insurance, if applicable.
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
5/1/30 Year Adjustable Rate Loan
6.13%
0
6.46%
30
DetailsInitial rate for 5 years, then adjusts annually. Loan Amounts: Between $1,500,001 - $2,000,000. Payment Per $1000 Borrowed: $6.08. The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $1,850,000 and an estimated property value of $2,500,000. The property is an existing single family home and will be used as a primary residence. At a 6.125% initial interest rate, the APR for this loan type is 6.457%, subject to increase. Based on current market conditions, the monthly payment schedule would be: 60 payments of $11,240.79 at an interest rate of 6.125%; 299 payments of $11,845.75 at an interest rate of 6.625%; 1 payment of $11,846.58 at an interest rate of 6.625%. An escrow account will be required and the actual monthly payment will also include amounts for real estate taxes and flood insurance, if applicable.
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
7/1/30 Year Adjustable Rate Loan
6.38%
0
6.53%
30
DetailsInitial rate for 7 years, then adjusts annually. Loan Amounts: Between $832,751-$1,000,000. Payment Per $1000 Borrowed: $6.24. The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $1,200,000 and an estimated property value of $1,600,000. The property is an existing single family home and will be used as a primary residence. At a 6.375% initial interest rate, the APR for this loan type is 6.529%, subject to increase. Based on current market conditions, the monthly payment schedule would be: 84 payments of $7,486.44 at an interest rate of 6.375%; 275 payments of $7,683.73 at an interest rate of 6.625%; 1 payment of $7,684.15 at an interest rate of 6.625%. An escrow account will be required and the actual monthly payment will also include amounts for real estate taxes and flood insurance, if applicable.
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
30 Year Fixed Rate
6.50%
0
6.53%
30 Year
DetailsLoan Amounts: $1,000,001-$1,500,000
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
20 Year Fixed Rate
6.50%
0
6.54%
20 Year
DetailsLoan Amounts: $1,500,001-$2,000,000
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
15 Year Fixed Rate
6.50%
0
6.55%
15 Year
DetailsLoan Amounts: $1,500,001-$2,000,000
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
10/1/30 Year Adjustable Rate Loan
6.50%
0
6.58%
30
DetailsInitial rate for 10 years, then adjusts annually. Loan Amounts: Up To $832,750. Payment Per $1000 Borrowed: $6.32. The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $750,000 and an estimated property value of $1,000,000. The property is an existing single family home and will be used as a primary residence. At a 6.500% initial interest rate, the APR for this loan type is 6.577%, subject to increase. Based on current market conditions, the monthly payment schedule would be: 120 payments of $4,740.51 at an interest rate of 6.500%; 239 payments of $4,802.33 at an interest rate of 6.625%; 1 payment of $4,802.86 at an interest rate of 6.625%. An escrow account will be required and the actual monthly payment will also include amounts for real estate taxes and flood insurance, if applicable.
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
7/1/30 Year Adjustable Rate Loan
6.63%
0
6.66%
30
DetailsInitial rate for 7 years, then adjusts annually. Loan Amounts: $1,000,001-$1,500,000. Payment Per $1000 Borrowed: $6.40. The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $1,200,000 and an estimated property value of $1,600,000. The property is an existing single family home and will be used as a primary residence. At a 6.625% initial interest rate, the APR for this loan type is 6.658%, subject to increase. Based on current market conditions, the monthly payment schedule would be: 84 payments of $7,683.73 at an interest rate of 6.625%; 275 payments of $7,683.73 at an interest rate of 6.625%; 1 payment of $7,684.15 at an interest rate of 6.625%. An escrow account will be required and the actual monthly payment will also include amounts for real estate taxes and flood insurance, if applicable.
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
30 Year Fixed
6.63%
0
6.67%
30 Year Fixed
DetailsUp To $2,000,000
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
30 Year Fixed
6.63%
0
6.69%
30 Years
DetailsOwner Occupied Up to 3MM, Investment Up To 2MM. Loan Amounts Up To $2,000,000.
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
10/1/30 Year Adjustable Rate Loan
6.75%
0
6.74%
30
DetailsInitial rate for 10 years, then adjusts annually. Loan Amounts: Between $832,751-$1,000,000. Payment Per $1000 Borrowed: $6.49. The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $1,200,000 and an estimated property value of $1,600,000. The property is an existing single family home and will be used as a primary residence. At a 6.750% initial interest rate, the APR for this loan type is 6.744%, subject to increase. Based on current market conditions, the monthly payment schedule would be: 120 payments of $7,783.18 at an interest rate of 6.750%; 239 payments of $7,683.73 at an interest rate of 6.625%; 1 payment of $7,684.10 at an interest rate of 6.625%. An escrow account will be required and the actual monthly payment will also include amounts for real estate taxes and flood insurance, if applicable.
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
30 Year Fixed Rate
6.75%
0
6.78%
30 Year
DetailsLoan Amounts: $1,500,001-$2,000,000
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
7/1/30 Year Adjustable Rate Loan
6.88%
0
6.79%
30
DetailsInitial rate for 7 years, then adjusts annually. Loan Amounts: Between $1,500,001-$2,000,000. Payment Per $1000 Borrowed: $6.59. The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $1,850,000 and an estimated property value of $2,500,000. The property is an existing single family home and will be used as a primary residence. At a 6.875% initial interest rate, the APR for this loan type is 6.790%, subject to increase. Based on current market conditions, the monthly payment schedule would be: 84 payments of $12,153.18 at an interest rate of 6.875%; 275 payments of $11,845.75 at an interest rate of 6.625%; 1 payment of $11,846.52 at an interest rate of 6.625%. An escrow account will be required and the actual monthly payment will also include amounts for real estate taxes and flood insurance, if applicable.
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
10 Year Fixed
-
-
6.88%
10 Year
No additional details.
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
10 Year Fixed
6.88%
0
6.88%
10 Year Fixed
DetailsUp To $2,000,000
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
10/1/30 Year Adjustable Rate Loan
7.00%
0
6.91%
30
DetailsInitial rate for 10 years, then adjusts annually. Loan Amounts: Between $1,000,001-$1,500,000. Payment Per $1000 Borrowed: $6.65. The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $1,200,000 and an estimated property value of $1,600,000. The property is an existing single family home and will be used as a primary residence. At a 7.000% initial interest rate, the APR for this loan type is 6.912%, subject to increase. Based on current market conditions, the monthly payment schedule would be: 120 payments of $7,983.63 at an interest rate of 7.000%; 239 payments of $7,683.73 at an interest rate of 6.625%; 1 payment of $7,684.10 at an interest rate of 6.625%. An escrow account will be required and the actual monthly payment will also include amounts for real estate taxes and flood insurance, if applicable.
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
5/1/30 Year ARM
6.00%
0
6.94%
5/1/30 Year ARM
DetailsUp To $2,000,000
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
5/1/30 Year ARM
6.00%
0
6.96%
30 Years
DetailsOwner Occupied Up to 3MM, Investment Up To 2MM. Loan Amounts Up To $2,000,000.
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
15 Year Fixed
7.00%
0
7.01%
15 Year Fixed
DetailsUp To $2,000,000
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
10 Year Fixed
6.88%
0
7.07%
10 Years
DetailsOwner Occupied Up to 3MM, Investment Up To 2MM. Loan Amounts Up To $2,000,000.
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
10/1/30 Year Adjustable Rate Loan
7.25%
0
7.08%
30
DetailsInitial rate for 10 years, then adjusts annually. Loan Amounts: Between $1,500,001 - $2,000,000. Payment Per $1000 Borrowed: $6.82. The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $1,850,000 and an estimated property value of $2,500,000. The property is an existing single family home and will be used as a primary residence. At a 7.250% initial interest rate, the APR for this loan type is 7.084%, subject to increase. Based on current market conditions, the monthly payment schedule would be: 120 payments of $12,620.26 at an interest rate of 7.250%; 239 payments of $11,845.75 at an interest rate of 6.625%; 1 payment of $11,846.42 at an interest rate of 6.625%. An escrow account will be required and the actual monthly payment will also include amounts for real estate taxes and flood insurance, if applicable.
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
5/5/30 Year ARM
6.25%
0
7.11%
5/5/30 Year ARM
DetailsUp To $2,000,000
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
15 Year Fixed
-
-
7.13%
15 Year
No additional details.
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
5/5/30 Year ARM
6.25%
0
7.13%
30 Years
DetailsOwner Occupied Up to 3MM, Investment Up To 2MM. Loan Amounts Up To $2,000,000.
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
15 Year Fixed
7.00%
0
7.14%
15 Years
DetailsOwner Occupied Up to 3MM, Investment Up To 2MM. Loan Amounts Up To $2,000,000.
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
20 Year Fixed
7.13%
0
7.19%
20 Year Fixed
DetailsUp To $2,000,000
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
7/1/30 Year ARM
6.88%
0
7.21%
7/1/30 Year ARM
DetailsUp To $2,000,000
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
7/1/30 Year ARM
6.88%
0
7.24%
30 Years
DetailsOwner Occupied Up to 3MM, Investment Up To 2MM. Loan Amounts Up To $2,000,000.
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
20 Year Fixed
7.13%
0
7.24%
20 Years
DetailsOwner Occupied Up to 3MM, Investment Up To 2MM. Loan Amounts Up To $2,000,000.
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
10/1/30 Year ARM
7.13%
0
7.29%
10/1/30 Year ARM
DetailsUp To $2,000,000
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
10/1/30 Year ARM
7.13%
0
7.32%
30 Years
DetailsOwner Occupied Up to 3MM, Investment Up To 2MM. Loan Amounts Up To $2,000,000.
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
Spencer Savings Bank Home Equity & HELOC
Product
Rate
Points
APR
Term
View More
Home Equity 5 Year Fixed
-
-
6.25%
DetailsUp To $1,000,000
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
Home Equity 7 Year Fixed
-
-
6.38%
DetailsUp To $1,000,000
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
Home Equity 10 Year Fixed
-
-
6.50%
DetailsUp To $1,000,000
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
Home Equity 15 Year Fixed
-
-
6.75%
DetailsUp To $1,000,000
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
Home Equity SpencerFlex*
-
-
6.75%
DetailsRate Calculation: Prime Rate
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
Home Equity 20 Year Fixed
-
-
6.88%
DetailsUp To $1,000,000
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
Home Equity 30 Year Fixed
-
-
7.13%
DetailsUp To $1,000,000
Last Updated06/03/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 2.42%
Methodology & Data Sources
MonitorBankRates Star Rating:
Our rating for Spencer Savings Bank is derived from comprehensive financial data published quarterly by the FDIC.
Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.
Texas Ratio:
We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.
Rate Data Aggregation:
We gather Spencer Savings Bank rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions.
It is always advisable to check with Spencer Savings Bank's official website for the most current offers and terms.
Bank Profile & Overview
Institution NameSpencer Savings Bank
FDIC Certificate #30076
Address
611 River Dr,
Elmwood Park, NJ 07407 · Bergen
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Total Reviews
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Frequently Asked Questions About Spencer Savings Bank
How many branches does Spencer Savings Bank operate?
Spencer Savings Bank currently maintains approximately 28 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.
Is there a first-time homebuyer program?
Currently, Spencer Savings Bank does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.
Are credit management and repair services offered?
While formal credit repair services are not currently listed, Spencer Savings Bank provides members with tools to manage their accounts and build a solid financial history.
Does Spencer Savings Bank offer online and mobile banking?
Most modern institutions like Spencer Savings Bank provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.spencersavings.com.
Current Spencer Savings Bank Rates
12-Month CD0.20%
18-Month CD0.25%
24-Month CD0.35%
36-Month CD0.50%
48-Month CD0.55%
60-Month CD0.65%
Savings0.00%
Retrieved from our database of financial products. Rates subject to change.
Brian McKay
