Consumer Loans
When you want to borrow money, come to Spencer Savings Bank for the personal attention, friendly service and convenience that you are looking for. We offer competitive rates and a variety of terms to satisfy all your lending requirements, including loans for vehicles and a range of other consumer needs. Unsecured personal loans are also available.
Unsecured Personal Loans
Auto Loans
- 100% financing available
- Competitive rates
Motorcycles, RV's and Boats
- New and used
- Competitive rates
Land Loans
- Up to 80% financing available
- Terms up to 180 months
- Competitive rates
All funds in a "non-interest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.
The term "non-interest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.