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If Your Card has been Lost or Stolen
Please notify us immediately.
1-800-264-5578 (24 hrs)
or 781-942-5000 during banking hours
If you found a card please contact us.
Order Checks
To Re-order Checks, You Can:
Mail us the re-order slip from your checkbook
Call us at 781.942.5000 during banking hours
Email your request to banking@readingcoop.com
Visit any RCB branch and see a Banking Specialist
Online sign-in to Online Banking and click 'check reorder' at the bottom of Account Overview page
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Enroll:   Personal | Business

Traditional Savings Accounts


Easy $10 to open
Convenient Choose from three Traditional Savings Accounts
Switch to RCB
in 5 easy-to-follow steps
Download our Switch Kit
(PDF/RTF)

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Green Online
 
Statement
 
Passbook*
Online Banking
  Required   Yes   Yes**
Monthly Statement
  eStatement   Yes   No
ATM Card
  Free   Free   No
Link to Checking
  Yes   Yes   No
Direct Deposit
  Yes   Yes   Yes
    Open an Account   Open an Account   Open an Account

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  • FDIC insures up to $250,000; SIF insures additional deposits.
  • Minimum $10 to open.
  • Minimum daily balance of $10 to earn annual percentage yield.
  • Competitive interest rates.

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*as an alternative to a personal loan, you may borrow against your passbook savings account

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**online access for a Passbook Account is limited to viewing history and making online transfers into a Passbook Account. Withdrawals and transfers out of the account should be made with a Banking Specialist at an RCB branch.

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Other Savings Accounts

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Money Market Deposit Accounts | Health Savings Accounts
  • Multiple tiers with various interest rates available
  • Competitive rates (PDF/RTF)
  • Low minimum deposit of $10 to open an account
  • Minimum daily balance of $10 in the account each day to obtain the disclosed annual percentage yield
  • "Linked protection" is available from an RCB money market account to cover overdrafts*
  • FDIC insures up to $250,000; SIF insures all additional deposits
Christmas and Vacation Savings Accounts*

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Structured to help you save for costly one-time or annual occasions
Easy to budget for vacations, weddings and holidays
  • Low minimum deposit of $10 to open an account
  • Minimum daily balance of $10 in the account each day to obtain the disclosed annual percentage yield
  • Automatic Transfers
  • Link to RCB Checking
  • Easy to Open Online
  • FDIC insures up to $250,000; SIF insures all additional deposits
*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.

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U.S. Savings Bonds
  • Only available at www.treasurydirect.gov.
  • If you need assistance purchasing a savings bond online, please feel free to come into any RCB branch for assistance.

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Long-Term Savings

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Certificates of Deposit
  • Terms from 6 months to 5 years, including a 4½ year variable rate CD
  • Purchase one, two and three year CDs online
  • $500 minimum opening deposit required for all CDs
  • FDIC insures up to $250,000; SIF insures all additional deposits

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IRAs for Education & Retirement*

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Save for retirement or higher-education
Enjoy potential tax savings with our Traditional and ROTH IRAs
Start now and add to an IRA regularly; you'll be prepared when you're ready to retire
Greater flexibility than ever before, including catch-up contributions for customers age 50+
Fully insured by the FDIC and SIF
*All IRAs have an annual fee which may reduce the earnings on the account.

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Traditional IRA
  • Contributions may be tax deductible**
  • Earnings are tax deferred until withdrawal
  • Withdrawals may begin at 59½ years of age, and are mandatory at 70½ years of age
  • Available to everyone under 70½ years of age
  • Must have earned income
  • Penalties for early withdrawals may apply
**consult your tax advisor

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Roth IRA
  • Contributions are not tax deductible
  • Earnings are tax free
  • No required minimum distributions
  • Available to everyone, with no age limits
  • Must have earned income, though income limits may apply
  • Penalties for early withdrawals may apply

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Coverdell IRA (formerly know as an Education IRA) - a great way to save money to help a child, grandchild or any young person you know pay for higher-education expenses.
  • Contributions are not tax deductible
  • Distributions for qualified education costs are generally tax free
  • Contributions up to $2,000 annually are allowed, provided you meet certain income limits

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Call 781.942.5000 during banking hours
Email banking@readingcoop.com
Come in to any RCB branch and speak to a Banking Specialist

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