What is Reading Co-operative Bank's financial health grade?

Reading Co-operative Bank has a TFS Financial Health Grade of F (score: 57.8/100). This grade is based on capital adequacy, asset quality, earnings, and consumer protection metrics.

How many branches does Reading Co-operative Bank have?

Reading Co-operative Bank has 13 branch locations across the United States.

Is Reading Co-operative Bank FDIC insured?

Yes, Reading Co-operative Bank is FDIC insured (Certificate #26620).

What are the total assets of Reading Co-operative Bank?

Reading Co-operative Bank has total assets of $1.2B as reported in its most recent FDIC filing.

Reading Co-operative Bank

BankReading, Massachusetts

www.readingcoop.com

Total Assets

$1.2B

Total Deposits

$1.1B

Branches

Established

1886

TFS Health Grade

57.8 / 100

Poor financial health

How we grade

Reading Co-operative Bank is a bank headquartered in Reading, Massachusetts, established in 1886. With $1.2B in total assets and 13 branch locations, it has a TFS Financial Health Grade of F (57.8/100).

Capital & Safety

Tier 1 Capital Ratio

7.01%(8%)

Total Capital Ratio

10.68%(10%)

Non-Performing Loan Ratio

1.05%

Profitability

Return on Assets (ROA)

0.52%(1%)

Return on Equity (ROE)

8.93%(10%)

Net Interest Margin

3.16%

Efficiency Ratio

80.26%(60%)

Lending & Liquidity

Total Loans

$940.3M

Loan-to-Deposit Ratio

83.93%

Net Charge-Off Ratio

0.11%

Growth

Asset Growth (YoY)

+33.56%

Deposit Growth (YoY)

+60.92%

Net Income

$5.8M

Data sourced from FDIC BankFind Suite / NCUA Call Reports as of 2025-Q4. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.

Branch	Address	City	State	Type
Reading Co-operative BankHQ	180 Haven St	Reading	MA	11
Reading Co-operative Bank	18-20 Central St	Andover	MA	11
Reading Co-operative Bank	10 Wall St	Burlington	MA	11
Reading Co-operative Bank	215 Canal St	Lawrence	MA	11
Reading Co-operative Bank	400 Broadway	Lynn	MA	11
Reading Co-operative Bank	596 Main St	Lynnfield	MA	11
Reading Co-operative Bank	526 Main St	Melrose	MA	11
Reading Co-operative Bank	28 Nahant Rd	Nahant	MA	11
Reading Co-operative Bank	170 Park St	North Reading	MA	11
Reading Co-operative Bank	62 Oakland Rd	Reading	MA	11
Reading Co-operative Bank	342 Main St	Wakefield	MA	11
Reading Co-operative Bank	100 Hemlock Rd	Wakefield	MA	12
Reading Co-operative Bank	352 Middlesex Ave	Wilmington	MA	11

Data sourced from FDIC BankFind Suite. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.