REMINDER: Our Lawrence Branch will be closing early (5:00 PM) on Wednesday, January 29th due to the bank's Stakeholders Meeting.

 

We're Growing! Reading Cooperative Bank will soon welcome new branches in Wakefield, Lynnfield, and Melrose through our partnership with Wakefield Co-operative Bank! Read our announcement here.

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CASH BOOSTER

Money Market Deposit Account

$10.00 Minimum Balance To Open1

Minimum Balance of $2,500.00 or More To Obtain Annual Percentage Yield of 3.00%

BUSINESS CASH BOOSTER

Money Market Account

$10.00 Minimum Balance To Open1

Minimum Balance of $2,500.00 or More To Obtain Annual Percentage Yield of 3.00%

*Rate Information:

Tier 1 - If your daily balance is more than $9.99, but less than $2,500.00, the interest rate paid on the entire balance in your account will be 0.05% with an annual percentage yield of 0.05%.

Tier 2 - If your daily balance is more than $2,499.99, but less than $10,000.00, the interest rate paid on the entire balance in your account will be 2.96% with an annual percentage yield of 3.00%.

Tier 3 - If your daily balance is more than $9,999.99, but less than $25,000.00, the interest rate paid on the entire balance in your account will be 2.96% with an annual percentage yield of 3.00%.

Tier 4 - If your daily balance is more than $24,999.99, but less than $50,000.00, the interest rate paid on the entire balance in your account will be 2.96% with an annual percentage yield of 3.00%.

Tier 5 - If your daily balance is more than $49,999.99, but less than $100,000.00, the interest rate paid on the entire balance in your account will be 2.96% with an annual percentage yield of 3.00%.

Tier 6 - If your daily balance is $100,000.00 or more, the interest rate paid on the entire balance in your account will be 2.96% with an annual percentage yield of 3.00%.

1Monthly Maintenance Fee of $12.00 if the balance in the account falls below $2,500.00. Fees may reduce the earnings on the account. This is a tiered rate. Rate may change after the account is opened. Annual Percentage Yield (APY) accurate as of 12/24/2024.