US Bank Directory
Banks in Spencer, IN
2 FDIC-insured banks operate 2 offices in Spencer, Indiana, and 2 credit unions have 2 offices.
Source: FDIC BankFind, data as of September 5, 2026; NCUA call report as of March 31, 2026.
Bank branch map: Spencer
Banks sit at the coordinates in their FDIC record; credit union offices at their NCUA address, located with the U.S. Census Bureau Geocoder. Point at a marker for today's hours, tap it for the address, directions and the bank's site.
Short answer: 4 banks and credit unions operate 4 locations in Spencer, according to the FDIC and the NCUA. 4 of them have coordinates on record and are on the map. 2 publish opening hours.
Branches: FDIC, NCUA. Streets: loading.
4 locations on the map
Tap a cluster to zoom in
Positions are the regulators' own coordinates, or the Census Geocoder's point for the address, and can sit a few hundred feet from the door. Streets, buildings and parks come from OpenStreetMap through OpenFreeMap, with every street named as you zoom in; if that map cannot load, a simpler map drawn from the Census Bureau's TIGER/Line files takes its place. ATMs will follow with the Overture Maps import.
All banks and credit unions in Spencer
Sorted by number of local branches. Each branch shows where its hours and phone number come from.
Short answer: The Peoples State Bank and Owen County State Bank have the most locations in Spencer, with 1 each. 2 banks have a single office in the city. Open any bank to see each address, today's hours where the bank publishes them and the phone number.
Baxter Credit Union Credit union · 1
Baxter Credit Union has 1 office in Spencer, 1 across Indiana. It is based in Vernon Hills, IL and $6.50 billion in assets on March 31, 2026, according to its NCUA call report. Its published hours do not list Saturday.
Who can join: see the credit union's site.
-
Spencer780 Brookside Dr, 47460
All hours
Mon 8 am to 1 pm; Tue not published; Wed 12 pm to 5 pm; Thu not published; Fri 7 am to 2 pm; Sat to Sun not published
Hours: NCUA, March 31, 2026
Crane Credit Union Credit union · 1
Crane Credit Union has 1 office in Spencer, 19 across Indiana. It is based in Odon, IN and $1.19 billion in assets on March 31, 2026, according to its NCUA call report. It opens on Saturday.
Who can join: see the credit union's site.
-
Spencer279 E Morgan St, 47460
All hours
Mon to Thu 9 am to 4 pm; Fri 9 am to 6 pm; Sat 9 am to 12 pm; Sun not published
Hours: NCUA, March 31, 2026
Owen County State Bank Bank · 1
Owen County State Bank has 1 branch in Spencer, 7 across Indiana and 7 nationwide. FDIC records list its main office in Spencer, IN and show it operating since 1934. With $388.5 million in total assets on June 30, 2026, it ranks No. 2,114 of 4,232 U.S. banks by total assets. Its main office at 201 W Morgan St dates to 1934 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.
-
Main Office main office201 W Morgan St, 47460
The Peoples State Bank Bank · 1
The Peoples State Bank has 1 branch in Spencer, 15 across Indiana and 15 nationwide. FDIC records list its main office in Ellettsville, IN and show it operating since 1904. With $506.6 million in total assets on June 30, 2026, it ranks No. 1,779 of 4,232 U.S. banks by total assets. The Spencer Branch at 304 Morgan Street dates to 1987 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.
-
Spencer Branch304 Morgan Street, 47460
Join a credit union in Spencer
2 credit unions have 2 offices here: Baxter Credit Union and Crane Credit Union. Each office is listed above with the phone and the hours it filed with the NCUA (call report as of March 31, 2026). Who can join each one is on its own site; the credit unions in Spencer page has every office in the state's directory.
Banking in Spencer: the local picture
Short answer: 2 banks run 2 branches in Spencer according to the FDIC. A population estimate for this place is not available from the Census Bureau, so branches per resident are not shown.
Of the 2 banks, 1 has its main office in Spencer, 1 elsewhere in Indiana, according to the FDIC.
The bank with the longest record here is The Peoples State Bank, operating since 1904 according to the FDIC. In FDIC branch records, the longest-running branch is Owen County State Bank's office at 201 W Morgan St, dating to 1934; the newest is The Peoples State Bank's at 304 Morgan Street, from 1987.
2 credit unions have 2 offices in Spencer, according to the NCUA. Who can join each one is on the credit unions page.
Of the 2 locations with published hours. 1 opens on Saturday. 2 locations have no published hours in these sources.
Credit unions open on Saturday in Spencer
Short answer: 1 of the 2 Spencer locations with published hours opens on Saturday, run by 1 institution.
- Crane Credit Union: 1 of 1 office (279 E Morgan St: Saturday 9 am to 12 pm)
Credit union hours are the text each credit union filed with the NCUA, call report as of March 31, 2026; a day the filing does not mention is shown as not published, never as closed. Bank branches show hours only where the bank publishes them in a source this page uses; 2 of the 4 locations here have no published hours yet. The source and date sit under each office. Banks and credit unions often close on Federal Reserve holidays; call ahead.
Chase, Bank of America and other national banks
Which big national banks have branches in Spencer, and where the nearest one is if they do not.
Short answer: No branches in Spencer: Chase (nearest in Bloomington, 13 mi), Wells Fargo, Bank of America (nearest in Avon, 38 mi), PNC Bank (nearest in Greencastle, 25 mi), U.S. Bank (nearest in New Albany, 86 mi), Truist (nearest in New Albany, 83 mi), Fifth Third Bank (nearest in Bloomington, 13 mi), Huntington (nearest in Danville, 35 mi), Regions Bank (nearest in Bloomington, 13 mi), TD Bank, BMO (nearest in Martinsville, 19 mi).
| Bank | In Spencer | Nearest branch if none here |
|---|---|---|
| Chase | None | Bloomington, 13 miles away |
| Wells Fargo | None | none in Indiana |
| Bank of America | None | Avon, 38 miles away |
| PNC Bank | None | Greencastle, 25 miles away |
| U.S. Bank | None | New Albany, 86 miles away |
| Truist | None | New Albany, 83 miles away |
| Fifth Third Bank | None | Bloomington, 13 miles away |
| Huntington | None | Danville, 35 miles away |
| Regions Bank | None | Bloomington, 13 miles away |
| TD Bank | None | none in Indiana |
| BMO | None | Martinsville, 19 miles away |
Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Spencer to the nearest branch in Indiana.
What your savings could earn
National benchmarks and the best published offers, from the Banrox Bank Rates tracker. Enter your own balance and rate to compare.
Short answer: At the national average savings rate of 0.38%, $10,000 kept in savings for a year earns about $38. The best published savings rate in the tracker, 3.75% at CIT Bank, earns about $375. The national average 12-month CD pays 1.71%.
| Offer | Bank | APY | Term | Minimum |
|---|---|---|---|---|
| Savings | CIT Bank | 3.75% | none | $5,000 |
| Savings | Barclays | 3.50% | none | $0 |
| Savings | Marcus by Goldman Sachs | 3.40% | none | $0 |
| CD | Synchrony Bank | 4.35% | 60 Months | $0 |
| CD | Marcus by Goldman Sachs | 4.35% | 24 Months | $500 |
| CD | American Express National Bank | 4.25% | 10 Months | $0 |
Rates are the banks' published APYs as tracked on the Banrox Bank Rates page, with the date next to each benchmark; they are not offers from Banrox and can change daily. Interest is before tax. The best offers are mostly online banks and are open to Spencer residents like anyone else.
Banks near Spencer
Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.
Short answer: The closest towns with more choice are Bloomington (15 miles) and Bloomfield (18 miles). Bloomington, 15 miles away, has the most banks nearby: 14.
| City | Distance | Banks | Branches |
|---|---|---|---|
| Banks in Bloomington, IN | 15 mi | 14 | 37 |
| Banks in Bloomfield, IN | 18 mi | 2 | 3 |
| Banks in Clay City, IN | 19 mi | 2 | 2 |
| Banks in Martinsville, IN | 20 mi | 4 | 8 |
| Banks in Brazil, IN | 25 mi | 4 | 6 |
| Banks in Greencastle, IN | 25 mi | 5 | 6 |
| Banks in Linton, IN | 26 mi | 4 | 4 |
| Banks in Morgantown, IN | 27 mi | 2 | 2 |
Bank branch openings and closings in Spencer
FDIC branch records, between September 5, 2025 and September 5, 2026.
Short answer: FDIC branch records show no bank branch openings in Spencer between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Banks and credit unions based in Spencer
Short answer: 1 institution has its main office in Spencer: Owen County State Bank.
| Institution | Type | Total assets, June 30, 2026 | Offices here |
|---|---|---|---|
| Owen County State Bank | Bank | $388.5 million | 1 |
Banks: FDIC BankFind (community-bank flag and assets). Credit unions: NCUA call report.
Largest banks in Spencer by total assets
Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Spencer offices.
Short answer: The Peoples State Bank is the largest bank with offices in Spencer, with $506.6 million in total assets on June 30, 2026, No. 1,779 among U.S. banks by total assets. Owen County State Bank is second with $388.5 million. 1 of the 2 bank is headquartered here. Local deposit shares will follow once the FDIC Summary of Deposits is imported.
| Bank | Total assets | Rank | Offices here | Main office |
|---|---|---|---|---|
| The Peoples State Bank | $506.6 million | No. 1,779 | 1 | Ellettsville, IN |
| Owen County State Bank | $388.5 million | No. 2,114 | 1 | Spencer, IN |
Total assets and ranks from FDIC BankFind as of June 30, 2026. Rank is among active banks that report total assets to the FDIC.
Banks in Spencer: FAQ
How many banks are in Spencer, IN?
Spencer has 2 banks with 2 branches and 2 credit unions with 2 offices, according to FDIC data as of September 5, 2026 and NCUA data as of March 31, 2026.
Which bank has the most branches in Spencer?
The Peoples State Bank, with 1. Owen County State Bank has 1.
Is there a The Peoples State Bank in Spencer, IN?
Yes. FDIC data lists 1 The Peoples State Bank branch in Spencer as of September 5, 2026. The address and directions are under The Peoples State Bank above.
Is there a Owen County State Bank in Spencer, IN?
Yes. FDIC data lists 1 Owen County State Bank branch in Spencer as of September 5, 2026, the main office at 201 W Morgan St. The address and directions are under Owen County State Bank above.
Is there a Chase in Spencer, IN?
No. FDIC data lists no Chase branch in Spencer as of September 5, 2026. The nearest is in Bloomington, about 13 miles away in a straight line.
Which banks in Spencer are open on Saturday?
Crane Credit Union publishes Saturday hours for one or more Spencer locations. The Saturday section above lists each one with its hours. 2 of the 4 locations here do not publish hours in the sources this page uses; call ahead.
Which banks are headquartered in Spencer?
Owen County State Bank has its main office in Spencer, according to the FDIC.
What is the oldest bank in Spencer?
The Peoples State Bank has the longest record among banks with a branch here: the FDIC shows it operating since 1904.
Which credit unions can I join in Spencer?
Baxter Credit Union and Crane Credit Union have offices in Spencer. Check each credit union's membership rules before you apply.
Did any bank branches open or close in Spencer in the past year?
FDIC branch records show no branch openings between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Where can I find more banks near Spencer?
Nearby cities with more banks include Bloomington, Bloomfield, Clay City. Bloomington is 15 miles away with 14 banks.
How we build this page
Every figure above comes from one of these sources. Nothing is typed by hand, nothing is estimated.
| Data | Source | License | Updated | Data as of |
|---|---|---|---|---|
| FDIC-insured banks: branches, main offices, total assets, dates established | FDIC BankFind Suite API | Public data (U.S. government) | Monthly import | Sep 5, 2026 |
| Credit union offices, phones and hours as filed with the NCUA, total assets | NCUA call report data | Public data (U.S. government) | Quarterly import | Mar 31, 2026 |
| Map coordinates of 2 credit union offices whose NCUA record has none, from the office address | U.S. Census Bureau Geocoder | Public data (U.S. government) | With each NCUA import | Oct 19, 2026 |
| Savings and CD rates, national averages | Banrox Bank Rates | Banrox, from the banks' own rate pages and FDIC national rates | Weekly | see each rate |
See your odds before you apply
Banrox shows how likely a card or loan is for your profile, from your own data, without a hard pull. Platform live; card in early access; no card issued.
Check your odds