Reading Cooperative Bank

Overview | Eligibility Requirements | Receive alerts for this bank

LOCATIONS

Overview / Commentary

readingcoop.com

781-942-5000

180 Haven Street
Reading, MA 01867

Reading Cooperative Bank is headquartered in Reading and is the 59^th largest bank in the state of Massachusetts. It is also the 1,295^th largest bank in the nation. It was established in 1886 and as of December of 2021, it had grown to 93 employees at 8 locations. Reading Cooperative Bank has an A health rating.

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

Data as of Q4 2021

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	26620
Year Established	1886
Employees	93
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	0.77%
Return on Equity - YTD	8.53%
Annual Interest Income	$23.5MM

Assets and Liabilities
Assets	Q4 2021vs Q4 2020	$722.5MM$649.2MM
Loans	Q4 2021vs Q4 2020	$521.5MM$485.0MM
Deposits	Q4 2021vs Q4 2020	$648.5MM$542.8MM
Equity Capital	Q4 2021vs Q4 2020	$62.5MM$59.5MM
Loan Loss Allowance	Q4 2021vs Q4 2020	$3.6MM$3.5MM
Unbacked Noncurrent Loans	Q4 2021vs Q4 2020	$1.3MM$1.2MM
Real Estate Owned	Q4 2021vs Q4 2020	$0$0

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 St	Reading, MA 01867
Lowell Street Wilmington Branch	230 Lowell Street	Wilmington, MA 01887
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

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.