Bank · FDIC insured
Spencer Savings Bank Savings Rates
Spencer Savings Bank’s best savings rate is 2.90% APY on $10,000, with its Premium Money Market. Rates checked October 22, 2026.
How Spencer Savings Bank’s savings rates compare
Compared with banks and credit unions near New York, NY-NJ, where Spencer Savings Bank has the most branches. $10,000, best rate first.
This bank’s best
Spencer Savings Bank
2.90%APY
- Requires
- None
- Minimum
- $100
- Earns on $10,000 a year
- $290
Premium Money Market
Top rate
Woori America Bank
5.00%APY
- Requires
- Monthly account activity
- Minimum
- $1,000
- Earns on $10,000 a year
- $500
2nd-highest rate
HSBC USA
4.40%APY
- Requires
- Monthly account activity
- Minimum
- —
- Earns on $10,000 a year
- $440
Spencer Savings Bank savings score
86
Savings score
Higher than 75% of U.S. banks and credit unions
- $1,000 balance$1,0000.25%
- $10,000 balance$10,0002.90%
- $100,000 balance$100,0002.90%
- QualifiedQualified2.90%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Spencer Savings Bank ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Premium Money Market
2.90%APY
Available to individuals who are primary residents of NJ and currently living in NJ, or former NJM Bank customers who currently maintain an existing deposit account and are primary residents of and live in Bucks County, PA. $15 monthly service charge can be waived.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $100 | 0.00% | — |
| $100 – $10,000 | 0.25% | — |
| $10,000 and up | 2.90% | $290 |
Platinum Savings
0.10%APY
Available to individuals who are primary residents of NJ and currently living in NJ or former NJM Bank customers who currently maintain an existing deposit account and who are primary residents of and live in Bucks County, PA.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $100 | 0.00% | — |
| $100 – $5,000 | 0.05% | — |
| $5,000 – $25,000 | 0.10% | $10 |
| $25,000 – $50,000 | 0.25% | — |
| $50,000 – $100,000 | 1.00% | — |
| $100,000 and up | 1.00% | — |
Statement Savings
0.25%APY
Available to individuals who are primary residents of NJ and currently living in NJ or former NJM Bank customers who currently maintain an existing deposit account and who are primary residents of and live in Bucks County, PA.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $100 | 0.00% | — |
| $100 – $25,000 | 0.25% | $25 |
| $25,000 and up | 0.50% | — |
Special-purpose accounts
SpencerKids Savings
0.50%APY
Customer must be under 18 years of age to qualify for a Spencer Kids Savings Account. Available to individuals who are primary residents of NJ and currently living in NJ or former NJM Bank customers who currently maintain an existing deposit account and who are primary residents of and live in Bucks County, PA.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $1 | 0.00% | — |
| $1 and up | 0.50% | $50 |
IRA Savings
0.10%APY
Available in Traditional or Roth. Available to individuals who are primary residents of NJ and currently living in NJ or former NJM Bank customers who currently maintain an existing deposit account and who are primary residents of and live in Bucks County, PA.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $100 | 0.00% | — |
| $100 – $1,000 | 0.05% | — |
| $1,000 and up | 0.10% | $10 |
Sources (2)
- spencersavings.com/personal-ba…ng/todays-personal-rates
- spencersavings.com/personal-ba…as/ira-cd-vs-ira-savings
All captured Oct 15, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.