Reading Cooperative Bank

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LOCATIONS

4 1/2 Year Variable CD

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Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
1.05%	5-year CD	5 Year CD 2.25% - Ally Bank High Yield 5 Year CD
0.25%	1-year CD	1 Year CD 1.50% - Ally Bank No Penalty 11-Month CD
0.01%	Savings	Green Online Savings 1.20% - Ally Bank Online Savings Account

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Overview / Commentary

www.readingcoop.com

781-942-5000

180 Haven Street
Reading, MA 01867

Reading Cooperative Bank is headquartered in Reading and is the 70^th largest bank in the state of Massachusetts. It is also the 1,366^th largest bank in the nation. It was established in 1886 and as of June of 2017, it had grown to 82 employees at 9 locations. Reading Cooperative Bank has an A health rating.

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Health

A

Data as of Q2 2017

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Health Grade Components

Overall
FDIC Certificate #	26620
Year Established	1886
Employees	82
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	0.6%
Return on Equity - YTD	6.97%
Annual Interest Income	$9.7MM

Assets and Liabilities
Assets	Q2 2017vs Q2 2016	$524.5MM$488.7MM
Loans	Q2 2017vs Q2 2016	$422.1MM$388.5MM
Deposits	Q2 2017vs Q2 2016	$409.5MM$366.9MM
Equity Capital	Q2 2017vs Q2 2016	$45.2MM$42.7MM
Loan Loss Allowance	Q2 2017vs Q2 2016	$2.4MM$2.5MM
Unbacked Noncurrent Loans	Q2 2017vs Q2 2016	$365.00K$248.00K
Real Estate Owned	Q2 2017vs Q2 2016	$0$0

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Reading Cooperative Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.01%	-	-	Green Online Savings
0.01%	-	-	Online Christmas Savings
0.01%	-	-	Online Vacation Savings

Reading Cooperative Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.15%^*	$100k^*	-	Money Market Deposit Account
OTHER TIERS: 0.05% → Up to $10k \| 0.10% → $10k - $50k \| 0.13% → $50k - $100k

Reading Cooperative Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.02%	$500	-	4 1/2 Year Variable CD
1.05%	$500	-	5 Year CD
0.90%	$500	-	4 Year CD
0.75%	$500	-	3 Year CD
0.40%	$500	-	2 Year CD
0.30%	$500	-	2 Year - No Penalty after 12 Month CD
0.25%	$500	-	1 Year CD
0.10%	$500	-	6 Month CD

Reading Cooperative Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.02%	$500	-	4 1/2 Year Variable IRA
1.05%	$500	-	5 Year IRA
0.90%	$500	-	4 Year IRA
0.75%	$500	-	3 Year IRA
0.40%	$500	-	2 Year IRA
0.30%	$500	-	2 Year - No Penalty after 12 Month IRA
0.25%	$500	-	1 Year IRA
0.10%	$500	-	6 Month IRA

Locations

Reading Cooperative Bank Locations
Burlington Office Branch	10 Wall Street	Burlington, MA 01803
North Reading Branch	170 Park Street	North Reading, MA 01864
Andover Branch	18-20 Central Street	Andover, MA 01810
Reading Co-Operative Bank	180 Haven Street	Reading, MA 01867
Lowell Street Wilmington Branch	230 Lowell Street	Wilmington, MA 01887
Woburn Branch	300 Tradecenter	Woburn, MA 01801
Wilmington Branch	352 Middlesex Avenue	Wilmington, MA 01887
Reading Memorial High School Branch	62 Oakland Road	Reading, MA 01867
Nemt Branch	100 Hemlock Road	Wakefield, MA 01880