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Spencer Anderson has a strong background in banking and finance. Spencer began their career in 2000 as a Controller at WebBank, where they were responsible for maintaining and reconciling financial accounts. Spencer also oversaw annual financial reporting, audits, and served as Secretary to several committees. In 2007, they joined West Valley National Bank as a Controller and later became the Chief Financial Officer/Executive Vice President. During their time there, they managed the external audit and internal review functions, directed the annual budget process, and created monthly ALCO packages. In 2014, Spencer joined AZ Dental Bank as the CFO before moving on to The Yellowstone Bank in 2018, where they currently hold the position of Senior Vice President.

Spencer Anderson earned a Bachelor of Arts degree in Accounting from Utah State University - Jon M. Huntsman School of Business between 1997 and 1999. Prior to that, they completed an Associate of Arts degree in Business from Brigham Young University - Idaho in 1997. Later, they pursued an MBA in Accounting from the University of Utah - David Eccles School of Business from 2001 to 2003. Spencer Anderson also holds a certification as a Certified Public Accountant (CPA).