We have asked our staff to mask when unable to be socially distant and strongly encourage our customers to do so as well. This step was taken due to the rise in spread of the Delta Variant, the recommendations from the Massachusetts Department of Health, and out of concern for the health of our staff and customers.
The PPP application portal is no longer accepting applications. For more information and to apply for forgiveness, please visit our Resource Center.
Donate to the General Washington Apartments Relief Fund.X
A career at Reading Cooperative Bank means more than just working here. We’re a cooperative, which means that our employees and customers own the bank—not stockholders. So, when you join our team, you’re joining a community. Welcome.
At RCB we’re one big team. From tellers to loan officers to the people with a “C” in their title, we all work together to make our bank what it is. Senior management sits alongside everyone else, in an open office setting. We’re committed to helping every employee grow and to making internal promotions and cross-department job moves a priority. It’s why so many RCB employees stay with us for so long.
Through our Performance Compensation for Stakeholders program, each employee gets an annual percentage bonus based on bank and individual performance. Your title and pay grade don’t dictate the percentage—your hard work does. Meanwhile, every other month we gather for a bank-wide meeting where strategy and results are shared and peers recognize each other for recent accomplishments. Twice a year, awards are given to the employees who most exemplify our values: Customer Service, Contribution to Growth, Collaboration, Community Service.
RCB offers all the benefits you’d expect: medical and dental insurance, a vision care plan, flexible spending accounts, disability insurance, and a 401k. But we also offer generous time off (18-24 days per year, starting on day one), an emergency loan program (up to $1,000 with no interest and no questions asked), tuition assistance (even for part-timers), a $15 minimum wage for starting employees, and free financial planning through our partner Lumen Wealth Management.
Learn more about our Employee Emergency Loan Fund here.
We sponsor and volunteer at countless events each year, from community trick or treating to volunteering at charity walks to speaking at high schools about finances and career planning. On "Dress Down Fridays”, we collect $5 from everyone who chooses to wear jeans and use the money to benefit great local causes. We ask everyone to volunteer at least 8 hours per year, and though it’s not mandatory, most employees find they rack up even more hours.