All you have to do:
- Tell your friends & family about RCB and how great it is to be a customer and owner!
- They open a new RCB Checking Account and tell us you referred them, either with a referral coupon at a branch or by filling in your name in the “Referred By” field online.
- That’s it! RCB will deposit a $50 referral reward to your account and a $50 reward to the referee’s account.
This offer expires on December 31, 2024
Or come into any branch.
If opening in a branch, download the coupon here.
Share this offer with your friends and family.
*Referred customer must be the primary owner of a new RCB personal checking account (On-the-Go Checking, Green-On-The-Go Checking, Value Checking, Green Online Checking, Value Now Checking, and Honest Checking). Student Checking Accounts are excluded from this offer.
Value Checking and Green Online Checking Account - You must deposit $10 to open this account. Please refer to our Personal Fee Disclosure for fees that may be assessed against your account. Accounts opened online require e-statements and enrollment in Online Banking.
On-the-Go Checking Account and Green On-the-Go Checking Account - You must deposit $10 to open this account. A monthly maintenance fee of $3.99 will be imposed every statement cycle if the balance in the account falls below $100 any day of the cycle. When you use a non-Reading Cooperative Bank ATM, we will rebate the ATM usage charges assessed against your account by the ATM service provider. Such a charge, referred to as a “surcharge”, will be credited to your account at the end of each monthly statement cycle. Surcharge notices are posted at ATM locations. Accounts opened online require e-statements and enrollment in Online Banking. Please refer to our Personal Fee Disclosure for fees that may be assessed against your account. If you close your account before the surcharge rebate is credited, you will not receive the surcharge rebate.
Value Now Checking Account - You must deposit $10.00 to open this account. A monthly maintenance fee of $10.00 will be imposed every monthly statement cycle if the balance in the account falls below $500.00 any day of the monthly statement cycle or if you do not have automatic direct deposit to this account at least once per monthly statement cycle. You must maintain a minimum balance of $10.00 in the account each day to obtain the disclosed annual percentage yield. This account has an annual percentage yield (APY) of 0.005% Your interest rate and annual percentage yield may change. We may change the interest rate on your account at any time. At our discretion, we may change the interest rate on your account. Interest will be compounded every day. Interest will be credited to your account every month. If you close your account before interest is credited, you will not receive the accrued interest. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Interest begins to accrue on the business day you deposit noncash items (for example, checks). Please refer to our Personal Fee Disclosure for fees that may be assessed against your account.
Honest Checking Account - You must deposit $10.00 to open this account. A monthly maintenance fee of $5.00 will be imposed every monthly statement cycle. Overdrafts are not permitted on this account but may occur. We will not charge an insufficient fee under the following circumstances. An item deposited to the account is returned unpaid and the amount of the item exceeds the balance in the account. On debit card purchases, merchants may initially authorize a transaction for a specified sum of money when the merchant does not know the exact amount of the purchase at the time the card is authorized. Some common transactions where this occurs involve purchases of gasoline, hotel rooms, or meals at restaurants. When this happens, our processing system cannot determine that the amount of the final transaction. exceeds the actual balance of your account. When the final transaction amount is processed, the transaction may exceed the balance of your account, resulting in an overdraft. Accounts opened online require e-statements and enrollment in Online Banking. No insufficient funds charge. No sustained overdraft fee. No dormant account fee. Please refer to our Personal Fee Disclosure for fees that may be assessed against your account.
To earn a referral reward, the referring customer (You) must be a current Reading Cooperative Bank (RCB) customer with a personal checking account that is open, active and in good standing. An account is considered to be in good standing if it has a positive balance and is not in the process of being closed for any reason. The referral reward will be deposited to your RCB account within 45 days after your friend opens a new account that remains in good standing (maintaining a minimum balance of $50 for 30 days.) You will earn $50 for each qualified referral. If you receive referral rewards totaling $600 or more, the value of your rewards will be reported on IRS Form 1099-MISC. Accounts opened by RCB employees, student interns, and their immediate family members and members of their household are not eligible for this promotion and will not qualify for a referral reward. Referred customer must not have any existing or previously closed personal checking account at RCB within the last 24 months prior to opening the new account. The primary owner is the owner whose Social Security Number is used for tax reporting purposes. Each qualified referee will earn $50 within the 45-day period. By participating in this program, each party may be aware that the other is a customer of RCB. Referred customer must identify you as the individual making the referral at the time of account opening. Referred customer’s account must be open, active, and in good standing in order for you to receive the referral reward. This offer may be withdrawn or canceled at any time and is subject to change without notice. This offer cannot be combined with any other offer. Void where prohibited. Offer valid 04/01/2023 through 12/31/2024.