Whether you're saving Washingtons, Benjamins or anything in between, we’ve got a savings plan that will work for you.
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Features
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Green Online |
Student Savings |
Money Market |
Vacation
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Christmas Savings |
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Minimum to open |
$10 | $10 | $10 | $10 | $10 | $10 | $10 | $10 |
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Monthly Maintenance Fee |
Free | Free | Free | Free | Free | $122 | Free | Free |
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Minimum to earn APY |
$10 | $10 | $10 | $10 | $10 | $10 | $10 in the account each day to obtain the disclosed APY and have a minium of $25.00 transferred monthly from your RCB checking or Statement Savings Account | $10 |
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Online Banking |
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Monthly Statement |
eStatement |
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ATM Card1 |
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Free Link Protection Service |
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Direct Deposit |
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Additional Terms |
Accounts opened online require e-statements and enrollment in Online Banking. |
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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. |
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Accounts opened online require e-statements and enrollment in Online Banking. If any withdrawal amount is made from this account before the end of the term or if the funds are unavailable to be transferred from the checking account for two consecutive months, this account may be closed. This account will have a disbursement of not less than four (4) months but not greater than twelve (12) months by check or internal transfer. | Accounts opened online require e-statements and enrollment in Online Banking. This account will have an annual disbursement every October by check or internal transfer. |
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Transaction Limitations |
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Online access for a Passbook Account is limited to viewing history and making online transfers into a Passbook Account. Withdrawals and transfers out of the account should be made with a Banking Specialist at an RCB branch. |
Online access for a Passbook Account is limited to viewing history and making online transfers into a Passbook Account. Withdrawals and transfers out of the account should be made with a Banking Specialist at an RCB branch. |
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Transfers from this account to another account or to third parties are not allowed. Only transfers into this account are permitted. | Transfers from this account to another account or to third parties are not allowed. Only transfers into this account are permitted. |
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Product |
Interest Rate |
Annual Percentage Yield1 |
Minimum Balance |
Minimum Daily Balance To Earn APY |
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6 Month Special |
4.89% |
5.00% |
$500.00 |
Bal. $500.00 & More |
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9 Month Special (IRAs not included2) |
4.65% |
4.65% |
$500.00 |
Bal. $500.00 & More |
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1 Year |
0.15% |
0.15% |
$500.00 |
Bal. $500.00 & More |
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15 Month |
0.15% |
0.15% |
$500.00 |
Bal. $500.00 & More |
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2 Year |
0.20% |
0.20% |
$500.00 |
Bal. $500.00 & More |
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3 Year |
0.30% |
0.30% |
$500.00 |
Bal. $500.00 & More |
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4 Year |
0.35% |
0.35% |
$500.00 |
Bal .$500.00 & More |
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5 Year |
0.40% |
0.40% |
$500.00 |
Bal. $500.00 & More |
1Annual Percentage Yield (APY) accurate as of 07/06/2023. All rates, except fixed rate certificates of deposit, are variable and subject to change without notice after the account is opened. You must maintain the minimum daily balance of $500.00 to earn the advertised APY. Fees and withdrawal may reduce earnings on accounts. A penalty may be imposed for early withdrawal from Certificates of Deposit. APY results when interest is left on deposit to compound daily on a basis of 365/365 days. All deposits are FDIC insured to at least $250,000. DIF insures all additional deposits.
2The 9 Month CD Special excludes IRAs and can only be opened as a CD product.
Rates current as of 08/28/2023.
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Product |
Interest Rate |
Annual Percentage Yield1 |
Minimum Balance |
Minimum Daily Balance to |
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Green Online Savings1,2 |
0.01% |
0.01% |
$10.00 |
Bal.>$9.99 and <$50,000.00 |
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Online Christmas Savings1,2 |
0.01% |
0.01% |
$10.00 |
Bal. ≥ $10.00 |
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Online Vacation Savings1,2,3 |
0.01% |
0.01% |
$10.00 |
Bal. ≥ $10.00 |
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Statement Savings1 |
0.01% |
0.01% |
$10.00 |
Bal .>$9.99 and <$50,000.00 |
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Passbook Savings1 |
0.01% |
0.01% |
$10.00 |
Bal. >$9.99 and <$50,000.00 |
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Student Statement Savings1 |
0.01% |
0.01% |
$10.00 |
Bal. >$9.99 and <$50.00 |
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Student Passbook Savings! |
0.01% |
0.01% |
$10.00 |
Bal. >$9.99 and more |
1Annual Percentage Yield (APY) accurate as of date stated below. All rates are variable and subject to change without notice and may change after account opening. You must maintain the minimum daily balance listed in the account disclosure, if any, to earn the advertised APY. Fees and withdrawal may reduce earnings on accounts. The minimum daily balance tiers to earn the APY stated on this rate sheet reflect the full tier balance ranges for each appropriate tier for the green online savings. APY results when interest is left on deposit to compound daily on a basis of 365/365 days. All deposits are FDIC insured to at least $250,000. DIF insures all additional deposits.
2Online Products – Personal accounts only. eStatements and Online Banking are required.
3Vacation Savings requires a minimum $25/month transfer from a Reading Cooperative Bank checking or statement savings account to obtain the stated Annual Percentage Yield (APY). Vacation Savings has a minimum term of 4 months and must pay-out or roll over in 12 months or less.
Rates current as of 08/28/2023.
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Tiers |
Interest Rate |
Annual Percentage Yield* |
Minimum Balance |
Minimum Balance |
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Under $2,500 |
0.05% |
0.05% |
$10.00 |
Bal.>$9.99 and <$2,500.00 |
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$2,500 - $9,999.99 |
0.05% |
0.05% |
$10.00 |
Bal.>$2,499.99 and <$10,000.00 |
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$10,000 - $24,999.99 |
0.05% |
0.05% |
$10.00 |
Bal.>$9,999.99 and <$25,000.00 |
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$25,000 - $49,999.99 |
0.05% |
0.05% |
$10.00 |
Bal.>$24,999.99 and <$50,000.00 |
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$50,000 - $99,999.99 |
0.05% |
0.05% |
$10.00 |
Bal.>$49,999.99 and <$100,000.00 |
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$100,000 & Over |
0.10% |
0.10% |
$10.00 |
Bal. $100,000 & More |
*Annual Percentage Yield (APY) accurate as of the date stated below. All rates, except fixed rate certificates of deposit, are variable and subject to change without notice and may change after account opening for each variable rate account. You must maintain the minimum daily balance listed in the account disclosure, if any, to earn the advertised APY. Fees and withdrawal may reduce earnings on accounts. The minimum daily balance tiers to earn the APY stated on this rate page reflect the full tier balance ranges for each appropriate tier. APY results when interest is left on deposit to compound daily on a basis of 365/365 days. All deposits are FDIC insured to at least $250,000. DIF insures all additional deposits.
Rates current as of 08/28/2023.
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Tiers |
Interest Rate |
Annual Percentage Yield* |
Minimum Balance |
Minimum Balance |
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Under $2,500 |
0.01% |
0.01% |
$10.00 |
Bal.>$9.99 and <$2,500.00 |
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$2,500 - $4,999.99 |
0.01% |
0.01% |
$10.00 |
Bal.>$2,499.99 and <$5,000.00 |
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$5,000 - $9,999.99 |
0.01% |
0.01% |
$10.00 |
Bal.>$4,999.99 and <$10,000.00 |
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$10,000 - $99,999.99 |
0.01% |
0.01% |
$10.00 |
Bal.>$9,999.99 and <$100,000.00 |
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$100,000 & Over |
0.01% |
0.01% |
$10.00 |
Bal. $100,000 & More |
*Annual Percentage Yield (APY) accurate as of the date stated below. All rates, except fixed rate certificates of deposit, are variable and subject to change without notice and may change after account opening for each variable rate account. You must maintain the minimum daily balance listed in the account disclosure, if any, to earn the advertised APY. Fees and withdrawal may reduce earnings on accounts. The minimum daily balance tiers to earn the APY stated on this rate page reflect the full tier balance ranges for each appropriate tier. APY results when interest is left on deposit to compound daily on a basis of 365/365 days. All deposits are FDIC insured to at least $250,000. DIF insures all additional deposits.
Rates current as of 08/28/2023.
Click here for the small print
*As an alternative to a personal loan, you may borrow against your passbook savings account.
**Online access for a Passbook Account is limited to viewing history and making online transfers into a Passbook Account. Withdrawals and transfers out of the account should be made with a Banking Specialist at an RCB branch.
***Vacation Savings requires a minimum $25/month transfer from a Reading Cooperative Bank checking or statement savings account to obtain the stated Annual Percentage Yield (APY). Vacation Savings has a minimum term of 4 months and must pay-out or roll over in 12 months or less. Transfers available, please ask a banking specialist for a copy of the terms and conditions for account details.
¹Other ATM operators may impose a surcharge fee. Use our ATM Locator to find in-network (MoneyPass®) ATMs.
²Monthly Maintenance Fee if minimum daily balance of $2,500 is not maintained.
Download our Personal Fee Disclosure
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