SCAM WARNING: Please know that RCB will never reach out to a customer asking for personal information, such as passwords, driver's licenses, social security numbers, etc. It's also important to note that no legitimate person would ever expect payment by gift card. Remember to always be vigilant and to contact us directly if you receive a suspicious call or email making time-sensitive demands related to your account.

 

Please click here for information on the Lowell Street Branch closure.

X
Reading Cooperative Bank, click to go to home page.
for you for your business

THE COMMONWEALTH OF MASSACHUSETTS

Division of Banks

READING CO-OPERATIVE BANK, Reading, Massachusetts has petitioned the Commissioner of Banks for permission to merge with WAKEFIELD CO-OPERATIVE BANK, Wakefield, Massachusetts. Under the terms of an Agreement and Plan of Merger, WAKEFIELD CO-OPERATIVE BANK will merge with and into READING CO-OPERATIVE BANK under the charter, by-laws, and name of READING CO-OPERATIVE BANK. The main office of READING CO-OPERATIVE BANK would remain the main office of the continuing institution and the banking offices of WAKEFIELD CO-OPERATIVE BANK would be retained as branch offices of READING CO-OPERATIVE BANK.

Any objections or comments relative to this proposal must be communicated in writing to the Commissioner of Banks, One Federal Street, Suite 710, Boston, Massachusetts 02110-2012 or via electronic mail to dob.comments@mass.gov no later than April 2, 2025. A public hearing may be held if the response is considered significant or circumstances warrant such a hearing, as determined by the Commissioner. The application and all communications relative to this application are available from the Division by request at dob.rao@mass.gov.

MARY L. GALLAGHER
Commissioner of Banks

For more information on the merger, please visit this page.