Getting Started

Certificates of Deposit (CDs) pay you more interest
than regular savings accounts.

And Reading Co-operative Bank offers you a number of different investing options. CD's and IRA's are insured by the FDIC and Shared Insurance Fund. Just pick the one that best fits your comfort level. They all pay more than a regular savings account (the longer the term, the higher the rate) and feature:

- Accumulated interest that’s always available.
- Interest rates will not change for the selected term.
- Borrowing against the balance.
- Total insurance coverage by the FDIC and SIF.

Six-Month Term CD

- Low minimum deposit.
- Simple interest.
- Interest credited monthly.

One-Year to Five-Year Term CDs

- Minimum deposit of $1,000 required.
- Interest compounded daily, credited monthly.

NOTE: Eearly-withdrawal of term certificates may result in loss of interest of up to six months.

Check out our interest rates and specials.

Contact us for more information or to set up your CDs today.

Individual Retirement Accounts (IRAs)

Now’s the best time to start saving
for a safer, more secure future.

If you haven't already opened an IRA with us, we strongly encourage you to do so. People are living longer and retiring later. By starting now – and diligently funding your IRA – you’ll be prepared when it’s time to retire. And along the way, you’ll enjoy the advantages of tax-deferred earnings and potential tax savings.

Reading Co-operative Bank offers you both Traditional and Roth IRAs, as well as the new Coverdell Educational Savings Accounts. If you haven’t been keeping up with all the changes, a lot has happened in the past few years. Greater flexibility, increased maximum contributions, catch-up contributions and more. Get answers to all your questions here.