Reading Cooperative Bank

Learn more about Reading Cooperative Bank for high transaction volumes. Includes account features, customer reviews, and frequently asked questions.

Updated on November 4th, 2019

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Reading Cooperative Bank, based in Massachusetts, is an ideal bank for businesses with medium to high transaction volumes. Their business banking allows you to effectively manage your transactions and expenses.

Business Account Fees:

Account Type

Free Monthly Transactions

Monthly Service Fee

Minimum Daily Balance to Avoid Service Fee

Easy Business Checking

150

$5

$1,000

Business Checking Plus

300

$20

$5,000

Enterprise Business Checking

Fees of $0.05 to $0.35 apply per item

$10

N/A

Reading Cooperative Bank
Review:

Pros: Free in-network ATM debit card use. Free mobile and telephone banking.

Cons: Only serves the state of Massachusetts.

Bottomline: Reading Cooperative Bank's business accounts are designed for moderate to high transactions with earnings credits to offset certain monthly fees.

Key Information:

Founded

1886

Headquarters

Reading, Massachusetts

Number of Employees

51-200

President/CEO

Julieann Thurlow

Address

180 Haven Street, Reading, MA 01867

Phone number

1 (781) 942-5000

Website

readingcoop.com/bank/for-your-business

Reviews:

Source

Review

Alex Parks - facebook.com

My wife and I just closed on our first home in Boston, and got our mortgage through Reading Cooperative Bank. They offered us a very competitive rate, but more importantly, their customer service throughout the whole process was incredible. We worked with Stephanie J. She was great at letting us know what we needed to do and when, and keeping us on schedule to close on time. Since this was our first home, we had lots of questions, and Stephanie was always available to answer them. Really, we couldn't have asked for more.

Ellie Sylvia-Florence - facebook.com

I have been with RCB for 20 + years. There is no better bank,ATM no fees and no fee checking. My Dad started me on RCB when they were one small building in Reading. Now they are growing and their employees are top notch. Even when my debit card was compromised they notified me immediately and issued a new one!! They caught it before I did. There is NO other bank that treats their customers better :) I enjoy going to the bank and talking to the clerks and hearing about their lives and what is going on within the bank as to new items etc. Keep up the great work RCB!!!

Lori LaFave Leon - facebook.com

They are a 5 star rating for me. Two locations in Wilmington, my town, is a plus. No fees is even better. Early hours for drive thru is awesome. Friendly staff what more could you ask for. Oh yes love how you can now deposit cash without using envelopes in the ATM. Keeping up with the bigger banks makes me keep them. Over 25 years with them and just keeps getting better. Reading Cooperative Bank keep up the food work.

Micaela Ford - facebook.com

I opened my first bank account with Reading Cooperative Bank when I had my first job as a paper girl for the daily times chronicle. I think that was about 24 years ago! Though I've moved a distance from Reading Coop branches, I still love having my bank account with them and banking online! Their customer service is fantastic, and no matter if it's stopping in or calling over the phone, everyone you speak to makes you feel like you are their top priority. Thank you for your awesome service over the years, and in years to come!

Carolyn M. Kenney - facebook.com

I have been a member of RCB for years!! Everyone of the staff at both Wilmington branches are caring and very helpful. I have not gone to the branches out of Wilmington, but have called the main office. They answer any questions and always solve the problem in a caring manner.

FAQs:

What is Reading Cooperative's routing number?

Reading Cooperative Bank's routing number is 211372404.

How do I contact Reading Cooperative Bank?

You can contact Reading Cooperative Bank through their website or on their customer service number: 1 (781) 942-5000.

What are some Reading Cooperative Bank alternatives?