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Press Release


RCB Promotes Arfaat Ali to Banking Specialist II

Reading, MA – Reading Cooperative Bank (RCB) has promoted Arfaat Ali to Banking Specialist II. The Banking Specialist II is required to be fully knowledgeable and skilled in the areas of teller, vault, safe deposit, processing, and discussing/referring credit applications. In this new role, Ali will be responsible for performing all duties and support related to branch operational activities, sales and service. He will process all new account transactions, assist customers in their selection of various accounts and financial services, cross-sell the Bank’s products and services, and open, maintain and close all account types, including business and trust accounts. Ali will also provide training and support to less experienced Banking Specialists and other staff members. Ali works at RCB’s North Reading branch, which is managed by Mike Walbourne, Assistant Vice President.

“Arfaat is very meticulous and thorough with our branch operations,” said Mike Walbourne. “He’s done an outstanding job promoting business for the Bank and maintaining good customer relations.”

About Reading Cooperative Bank:
Reading Cooperative Bank is a depositor owned co-operative founded in 1886. This community-centric North Shore financial service provider has branches in Reading, Wilmington, North Reading, Woburn, Andover, and Burlington. They also operate teaching branches at Northeast Metro Tech in Wakefield (open to the public) and at Reading Memorial High School (students and staff only), as well as an online branch at
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