What are the current interest rates at Reading Co-op Bank?

Current rates for Reading Co-op Bank include: 12-Month CD: 4.15%, 24-Month CD: 4.20%, 36-Month CD: 3.00%, 48-Month CD: 3.00%, 60-Month CD: 3.00%, Savings: 3.00%, MMA: 0.10%

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Reading Co-op Bank

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Reading Co-op Bank Rates & Review October 2026

Q: How many branches does Reading Co-op Bank operate?

Reading Co-op Bank currently maintains approximately 13 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Q: Is there a first-time homebuyer program?

Currently, Reading Co-op Bank does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Reading Co-op Bank provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: October 11, 2026

Reading Co-op Bank's top rates as of October 11, 2026 are 4.20% APY on its 24-month CD Special, 3.00% APY on savings, 0.10% APY on money market accounts, and 6.00% on its 10-Year Adjustable Rate Mortgage, according to rates verified by MonitorBankRates. Other Reading Co-op Bank CD rates include 12-Month CD at 4.15%, 15-Month CD at 4.15%, and 6-Month CD at 4.00%. Other Reading Co-op Bank mortgage rates include 30-Year Fixed Rate Mortgage at 6.25%. MonitorBankRates evaluates the financial stability of Reading Co-op Bank with a 4.5 Star Rating, an A Overall Health Grade, and a Texas Ratio of 0.72%. Rates last updated and verified on 10/11/2026.

Reading Co-op Bank money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Reading Co-op Bank? Share your experience about Reading Co-op Bank by leaving a review below, or read customer reviews before you decide to use Reading Co-op Bank.

Overall Health & Safety Grade

Excellent Health Score: 95/100

MonitorBankRates Rating

4.5

Excellent Out of 5.0 Stars

Texas Ratio

0.72%

Excellent Lower than avg

Health Trend

Very strong 12 quarters

Full history ›

Reading Co-op Bank

180 Haven St
Reading, MA 01867

https://www.readingcoop.com

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Financial health data as of Q2 2026 (FDIC call report for the quarter ended June 30, 2026). This is the most recent call report available. The FDIC publishes bank call reports about eight weeks after each quarter ends.

Reading Co-op Bank CD Rates

Product	Rate	APY	Term
24-month CD Special	4.11%	4.20%	24-Month
Min Deposit $500 Min Balance $0 Last Updated 10/11/2026 Rate History 1 change since Sep 24, 2026 · 3.92% → 4.20% ▲ 0.28 pts · high 4.20% / low 3.92% Oct 11, 20264.20%▲ from 3.92% Sep 24, 20263.92%first recorded Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%
12-Month CD	4.07%	4.15%	12-Month
Min Deposit $500 Min Balance $0 Last Updated 10/11/2026 Rate History No change since Oct 11, 2026 · 4.15% APY Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%
15-Month CD	4.07%	4.15%	15-Month
Min Deposit $500 Min Balance $0 Last Updated 10/11/2026 Rate History No change since Oct 11, 2026 · 4.15% APY Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%
6-Month CD	3.93%	4.00%	6-Month
Min Deposit $500 Min Balance $0 Last Updated 10/11/2026 Rate History No change since Oct 11, 2026 · 4.00% APY Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%
9-Month CD	4.00%	4.00%	9-Month
Min Deposit $500 Min Balance $0 Details 9-Month CD excludes IRAs and can only be opened as a CD product. Maximum deposit of $500,000.00 when opened online. Each renewal term will be our standard six-month term beginning on the maturity date. Last Updated 10/11/2026 Rate History No change since Oct 11, 2026 · 4.00% APY Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%
8-Month CD	3.50%	3.50%	8-Month
Min Deposit $500 Min Balance $0 Details The interest rate is 3.50% and the APY is 3.50%. This is a fixed-rate 8-Month Certificate of Deposit, and the interest rate and APY will remain in effect until maturity. Interest is credited monthly and is not compounded. The APY assumes that interest remains on deposit until maturity. Withdrawal of interest before maturity will reduce earnings. A penalty may be imposed for early withdrawal. The 8-Month CD Special is available for consumer deposits only and is not available for IRA accounts. The maximum online opening deposit is $500,000.00. At maturity, the account will automatically renew into the Bank's standard 9-Month Certificate of Deposit at the rate and APY in effect at the time of renewal. You will have 10 calendar days after maturity to withdraw funds without penalty. Fees may reduce earnings. Last Updated 10/11/2026 Rate History No change since Oct 11, 2026 · 3.50% APY Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%
3-Year CD	2.96%	3.00%	3-Year
Min Deposit $500 Min Balance $0 Last Updated 10/11/2026 Rate History No change since Oct 11, 2026 · 3.00% APY Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%
4-Year CD	2.96%	3.00%	4-Year
Min Deposit $500 Min Balance $0 Last Updated 10/11/2026 Rate History No change since Oct 11, 2026 · 3.00% APY Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%
5-Year CD	2.96%	3.00%	5-Year
Min Deposit $500 Min Balance $0 Last Updated 10/11/2026 Rate History No change since Oct 11, 2026 · 3.00% APY Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%

Reading Co-op Bank Savings Rates

Product	Rate	APY
Online Christmas Savings	2.96%	3.00%
Min Deposit $10 Min Balance $10 Details Balance: Bal. >= $10.00 Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 3.00% APY · checked 7 times Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%
Green Online Savings	0.01%	0.01%
Min Deposit $10 Min Balance $10 Details Balance: Bal.>$9.99 and <$50,000.00; Bal.>$49,999.99 and <$100,000.00; Bal.>$99,999.99 and <$200,000.00; Bal.>$200,000.00 and More Last Updated 10/11/2026 Rate History No change since Oct 3, 2026 · 0.01% APY · checked 2 times Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%
Green Online Savings	0.01%	0.01%
Min Deposit $10 Min Balance $50,000 Details Balance: Bal.>$9.99 and <$50,000.00; Bal.>$49,999.99 and <$100,000.00; Bal.>$99,999.99 and <$200,000.00; Bal.>$200,000.00 and More Last Updated 10/11/2026 Rate History No change since Oct 11, 2026 · 0.01% APY Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%
Green Online Savings	0.01%	0.01%
Min Deposit $10 Min Balance $100,000 Details Balance: Bal.>$9.99 and <$50,000.00; Bal.>$49,999.99 and <$100,000.00; Bal.>$99,999.99 and <$200,000.00; Bal.>$200,000.00 and More Last Updated 10/11/2026 Rate History No change since Oct 11, 2026 · 0.01% APY Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%
Green Online Savings	0.01%	0.01%
Min Deposit $10 Min Balance $200,000 Details Balance: Bal.>$9.99 and <$50,000.00; Bal.>$49,999.99 and <$100,000.00; Bal.>$99,999.99 and <$200,000.00; Bal.>$200,000.00 and More Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.01% APY · checked 2 times Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%
Online Vacation Savings	0.01%	0.01%
Min Deposit $10 Min Balance $10 Details Vacation Savings requires a minimum $25/month transfer from a Reading Cooperative Bank checking or statement savings account to obtain the stated Annual Percentage Yield (APY). Vacation Savings has a minimum term of 4 months and must pay-out or roll over in 12 months or less. Balance: Bal. >= $10.00 Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.01% APY · checked 7 times Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%
Passbook Savings	0.01%	0.01%
Min Deposit $10 Min Balance $10 Details Balance: Bal.>$9.99 and <$50,000.00; Bal.>$49,999.99 and <$100,000.00; Bal.>$99,999.99 and <$200,000.00; Bal.>$200,000.00 and More Last Updated 10/11/2026 Rate History No change since Oct 3, 2026 · 0.01% APY · checked 2 times Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%
Passbook Savings	0.01%	0.01%
Min Deposit $10 Min Balance $50,000 Details Balance: Bal.>$9.99 and <$50,000.00; Bal.>$49,999.99 and <$100,000.00; Bal.>$99,999.99 and <$200,000.00; Bal.>$200,000.00 and More Last Updated 10/11/2026 Rate History No change since Oct 11, 2026 · 0.01% APY Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%
Passbook Savings	0.01%	0.01%
Min Deposit $10 Min Balance $100,000 Details Balance: Bal.>$9.99 and <$50,000.00; Bal.>$49,999.99 and <$100,000.00; Bal.>$99,999.99 and <$200,000.00; Bal.>$200,000.00 and More Last Updated 10/11/2026 Rate History No change since Oct 11, 2026 · 0.01% APY Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%
Passbook Savings	0.01%	0.01%
Min Deposit $10 Min Balance $200,000 Details Balance: Bal.>$9.99 and <$50,000.00; Bal.>$49,999.99 and <$100,000.00; Bal.>$99,999.99 and <$200,000.00; Bal.>$200,000.00 and More Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.01% APY · checked 2 times Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%
Statement Savings	0.01%	0.01%
Min Deposit $10 Min Balance $10 Details Balance: Bal.>$9.99 and <$50,000.00; Bal.>$49,999.99 and <$100,000.00; Bal.>$99,999.99 and <$200,000.00; Bal.>$200,000.00 and More Last Updated 10/11/2026 Rate History No change since Oct 3, 2026 · 0.01% APY · checked 2 times Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%
Statement Savings	0.01%	0.01%
Min Deposit $10 Min Balance $50,000 Details Balance: Bal.>$9.99 and <$50,000.00; Bal.>$49,999.99 and <$100,000.00; Bal.>$99,999.99 and <$200,000.00; Bal.>$200,000.00 and More Last Updated 10/11/2026 Rate History No change since Oct 11, 2026 · 0.01% APY Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%
Statement Savings	0.01%	0.01%
Min Deposit $10 Min Balance $100,000 Details Balance: Bal.>$9.99 and <$50,000.00; Bal.>$49,999.99 and <$100,000.00; Bal.>$99,999.99 and <$200,000.00; Bal.>$200,000.00 and More Last Updated 10/11/2026 Rate History No change since Oct 11, 2026 · 0.01% APY Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%
Statement Savings	0.01%	0.01%
Min Deposit $10 Min Balance $200,000 Details Balance: Bal.>$9.99 and <$50,000.00; Bal.>$49,999.99 and <$100,000.00; Bal.>$99,999.99 and <$200,000.00; Bal.>$200,000.00 and More Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.01% APY · checked 2 times Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%
Student Passbook Savings	0.01%	0.01%
Min Deposit $10 Min Balance $10 Details Balance: Bal.>$9.99 and <$50.00; Bal.>$50.00 Last Updated 10/11/2026 Rate History No change since Oct 3, 2026 · 0.01% APY · checked 2 times Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%
Student Passbook Savings	0.01%	0.01%
Min Deposit $10 Min Balance $50 Details Balance: Bal.>$9.99 and <$50.00; Bal.>$50.00 Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.01% APY · checked 2 times Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%
Student Statement Savings	0.01%	0.01%
Min Deposit $10 Min Balance $10 Details Balance: Bal.>$9.99 and <$50.00; Bal.>$50.00 Last Updated 10/11/2026 Rate History No change since Oct 3, 2026 · 0.01% APY · checked 2 times Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%
Student Statement Savings	0.01%	0.01%
Min Deposit $10 Min Balance $50 Details Balance: Bal.>$9.99 and <$50.00; Bal.>$50.00 Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.01% APY · checked 2 times Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%

Reading Co-op Bank Money Market Rates

Product	Rate	APY
Money Market	0.10%	0.10%
Min Deposit $10 Min Balance $100,000 Details Balance: $100,000 & Over Last Updated 10/11/2026 Rate History No change since Oct 11, 2026 · 0.10% APY Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%
Money Market	0.05%	0.05%
Min Deposit $10 Min Balance $0 Details Balance: Under $2500 Last Updated 10/11/2026 Rate History No change since Oct 11, 2026 · 0.05% APY Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%
Money Market	0.05%	0.05%
Min Deposit $10 Min Balance $2,500 Details Balance: $2,500 - $9,999.99 Last Updated 10/11/2026 Rate History No change since Oct 11, 2026 · 0.05% APY Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%
Money Market	0.05%	0.05%
Min Deposit $10 Min Balance $10,000 Details Balance: $10,000 - $24,999.99 Last Updated 10/11/2026 Rate History No change since Oct 11, 2026 · 0.05% APY Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%
Money Market	0.05%	0.05%
Min Deposit $10 Min Balance $25,000 Details Balance: $25,000 - $49,999.99 Last Updated 10/11/2026 Rate History No change since Oct 11, 2026 · 0.05% APY Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%
Money Market	0.05%	0.05%
Min Deposit $10 Min Balance $50,000 Details Balance: $50,000 - $99,999.99 Last Updated 10/11/2026 Rate History No change since Oct 11, 2026 · 0.05% APY Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%

Reading Co-op Bank Mortgage Rates

Product	Rate	Points	APR
10-Year Adjustable Rate Mortgage	6.00%	-	6.253%
Details The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $400,000 and an estimated property value of $500,000. The property is located in MA and is within Middlesex County. The property is an existing single-family home and will be used as a primary residence. An escrow (impound) account is required. The rate lock period is 60 days, and the assumed credit score is 720. At a 6.000% initial interest rate, the APR for this loan type is 6.253%, subject to increase after consummation. Based on current market conditions, the monthly payment schedule would be: - 120 payments of $2,398.20 at an interest rate of 6.000% - 239 payments of $2,520.45 at an interest rate of 6.625% - 1 payment of $2,520.46 at an interest rate of 6.625%. Minimum payment does not include taxes and homeowner's insurance, and the actual payment may be greater. Last Updated 10/11/2026 Rate History No change since Oct 11, 2026 · 6.25% APR Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%
30-Year Fixed Rate Mortgage	6.25%	-	6.291%
Details The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $400,000 and an estimated property value of $500,000. The property is located in MA and is within Middlesex County. The property is an existing single-family home and will be used as a primary residence. An escrow (impound) account is required. The rate lock period is 60 days, and the assumed credit score is 720. At a 6.250% interest rate, the APR for this loan type is 6.291%. The monthly payment schedule would be: - 359 payments of $2,462.87 at an interest rate of 6.250% - 1 payment of $2,462.44 at an interest rate of 6.250%. Minimum payment does not include taxes and homeowner's insurance, and the actual payment may be greater. Last Updated 10/11/2026 Rate History No change since Oct 11, 2026 · 6.29% APR Institution Ratings 4.5 Star Rating A Health Grade ◈ Texas Ratio: 0.72%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
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Financial Health History

Reading Co-op Bank’s Texas Ratio stayed near 0.28% in Q3 2023 to 0.72% in Q2 2026, so its financial health has stayed very strong over the past 12 quarters. Over the same period its Star Rating moved from 3.2 to 4.5 and its Health Grade from B- to A. Lower Texas Ratios are healthier; the green zone below the amber 15% line is where a bank must stay to qualify for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade15% Verified Healthy limit (green zone below = healthy)

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
June 30, 2026	$1.2B	0.72%	4.5	A
March 31, 2026	$1.2B	1.97%	4.4	A
December 31, 2025	$1.2B	13.30%	4.0	B
September 30, 2025	$1.2B	8.76%	4.0	B
June 30, 2025	$1.2B	11.63%	3.6	C+
March 31, 2025	$922M	10.35%	4.0	B
December 31, 2024	$931M	2.68%	3.7	B
September 30, 2024	$922M	1.69%	4.2	A-
June 30, 2024	$918M	1.22%	3.7	B
March 31, 2024	$908M	0.02%	3.7	B+
December 31, 2023	$907M	4.33%	3.9	B
September 30, 2023	$880M	0.28%	3.2	B-

Source: FDIC call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for Reading Co-op Bank is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.

Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation: We gather Reading Co-op Bank rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Reading Co-op Bank's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name Reading Co-op Bank

FDIC Certificate # 26620

Address 180 Haven St, Reading, MA 01867 · Middlesex

Website https://www.readingcoop.com

Established 18860101

FDIC Insurance Date 19860327

Domestic Offices 13

Total Branches 13

Regulator FED

FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

Overall Health Grade Score: 95/100

4.5

Excellent Out of 5.0 Stars

0.72%

Texas Ratio Nat'l avg: 5.85%

Return on Assets (ROA) 0.4152%

Return on Equity (ROE) 6.6000%

Non-Performing Loans (NPL) 0.05%

Total Assets $1,186,904,000

Total Deposits $1,015,475,000

Equity Capital $77,040,000

Net Income $2,496,000

Headquarters Reading

Total Branches and Offices 13

Source: FDIC | Last Updated 06/30/2026

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Frequently Asked Questions About Reading Co-op Bank

How many branches does Reading Co-op Bank operate?

Reading Co-op Bank currently maintains approximately 13 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is there a first-time homebuyer program?

Currently, Reading Co-op Bank does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Reading Co-op Bank provides members with tools to manage their accounts and build a solid financial history.

Does Reading Co-op Bank offer online and mobile banking?

Most modern institutions like Reading Co-op Bank provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.readingcoop.com.