Getting Started

Earn more, save more with a Reading Co-operative savings account.

Here are the key features you can enjoy with all three types of savings accounts:

- NO monthly fees or service charges.
- We pay higher rates than most other banks in this market.
- Low minimum balance required to open the account and earn interest.
- Interest compounded daily and credited monthly.
- The convenience of direct deposit.
- Online access 24/7.
- Option of statement or passbook savings.

Statement Savings Account

This account offers you competitive interest, security, liquidity and ATM access. The account features:

- Monthly statements detailing your account activity.
- 24-hour telephone, ATM, and online access.
- Automatic transfer of funds.
- Premium rate, when this account is linked to your Reading Co-operative Bank Checking Account.

Passbook Savings Account

Prefer the traditional passbook for a record of your transactions and interest payments? No problem. You may also borrow against your balance … an easy, safe way to establish credit.

Christmas or Vacation Club Account

Saving for the holidays or vacations was never easier. You get all of the benefits of a regular savings account and can deposit any amount at any time. A check is then delivered to you in time for the holiday shopping season or in advance of a predetermined vacation date. Even better, we will automate your savings. Here are some other Club Account features and benefits you should know about:

- You’ll earn a higher rate of interest than with a regular savings account.
- We can help you build your account with automatic transfers from your checking account.
- Total interest is credited to your account at the end of the term.
- You may close the account at any time.