Reading Co-operative Bank

Reading Co-operative Bank pays very competitive rates for all our products.  But beyond the interest we pay you, we are also proud of the interest we show you.  Reading Co-operative Bank, incorporated in 1886, is a progressive, one-stop, multi-branch, full-service financial institution for both personal and commercial banking.

The Reading Co-operative Bank was founded just after the end of the first decade of co-operative banking in the commonwealth. That banking system was revolutionary for its time: to enable the workingman to purchase home. Larger banks loaned substantial sums to businesses and people of prominence and means; the little man was unable to compete successfully for mortgage money in such a market.

The banks’ original commitment to the “workingman” has never changed; people continue to come to the Reading Co-operative Bank for home mortgages, home improvement, and other loans which help 21st-century working people live better lives. One of the first loans was given in 1887 to a woman. Throughout the Reading Co-operative Bank’s history, women have always had ready and equal access to loans. Mortgages continue to be the backbone of the bank, weathering widely divergent interest-rate fluctuations, recessions, inflation, and economic boom.

We offer you all the latest banking products at very competitive rates. Our technology is second to none, and friendly, professional, personal service is our top priority.