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Combined to Serve You Better

Wakefield Cooperative Bank is now part ­of Reading Cooperative Bank.

LATEST UPDATES

ANNOUNCEMENT
Expanded ATM Network Available

We're pleased to announce that all Wakefield Cooperative Bank ATMs have been added to our network....

ANNOUNCEMENT
Expanded ATM Network Available

We're pleased to announce that all Wakefield Cooperative Bank ATMs have been added to our network....

ANNOUNCEMENT
Expanded ATM Network Available

We're pleased to announce that all Wakefield Cooperative Bank ATMs have been added to our network....

 

The Transition is Complete!

As of Monday, August 4, 2025, Wakefield Cooperative Bank and Reading Cooperative Bank are officially integrated under the Reading Cooperative Bank banner. All branches are now fully operational and all customers have full access to banking services.

 

Questions? We're here to help!

Call Reading Cooperative Bank at 781.942.5000 or email us at banking@readingcoop.com during regular business hours (Monday - Friday 8 AM - 5 PM) to speak with a Banking Specialist.

What's Changed

  • All branches are now offering customers access to all banking services.
  • To bank by mail, please send any deposits or transactions to Reading Cooperative Bank, P.O. Box 330, Reading, MA 01867.
  • For telephone banking, dial 888.469.4441. Your temporary PIN will be the last four digits of your Social Security number or Tax ID. For businesses, your temporary PIN will be the last five digits of your Social Security Number.
  • Access online banking with your existing credentials by logging in through RCB.
  • For mobile banking, all customers must use the Reading Cooperative Bank Mobile App. Please delete the Wakefield Cooperative Bank app from your device if you have not already.
  • Any previous settings used by Wakefield customers for online and mobile banking or debit cards can now be updated through RCB's systems.
  • While Wakefield's routing number will remain valid indefinitely, update your direct deposit and electronic payments with the new routing number: 211372404 to ensure uninterrupted service.
  • Payments for Mortgage, Commercial Loan, and Line of Credit Customers will be accepted at any location, but it is recommended to update the mailing address to Reading Cooperative Bank, 180 Haven Street, Reading, MA 01867.
  • New debit cards issued to previous Wakefield customers are now fully operational.
  • The daily withdrawal limit at all ATMs is now $1000.
  • Debit card purchases now have an increased daily limit of $3000.
  • Any previous settings used by Wakefield customers debit cards can now be updated through RCB's systems.

Some previous Wakefield account names have been changed to align with RCB's naming system.

Consumer Checking Accounts

This WCB product... becomes this RCB product
Free Checking Value Checking
Regular Now Checking Value Now Checking
Advanced Premier Checking Value Now Checking

Savings & Money Market Accounts

This WCB product... becomes this RCB product
Money Market Money Market Deposit Account
Ultra Money Market Money Market Deposit Account
Platinum MMDA Money Market Deposit Account
IRA Passbook Savings IRA Statement Savings

Business Checking Accounts

This WCB product... becomes this RCB product
IOLTA IOLTA Checking
Small Business Checking Easy Business Checking
Commercial Checking Enterprise Checking

The following account names will not change:

  • Premier Rewards Checking
  • Premier Checking
  • Freedom Checking
  • Premier Cash Back Checking
  • Ultimate Plus MMDA
  • All Time Deposit Product
  • Zelle has been deactivated.
  • Privilege Overdraft Protection is no longer available.
  • Individual Retirement Accounts (IRAs) will be transitioned to RCB with an annual fee of $10 charged in December.
  • You can expect to receive your tax documents from RCB for the tax year ending December 31st, 2025.
  • If you are aged 73 or older, you can take the remainder of your required minimum distribution at RCB.
  • If you have not yet fulfilled your required minimum distribution of 2025, please call 781.942.5000.

Shared Vision, Shared Values

Built on the same beliefs, structure, and even the same internal technology, our two organizations can start working together faster while delivering a smooth transition for our customers. And with so much in common, Reading and Wakefield Cooperative Banks are a natural fit.

Cooperative Mission
As customer-owned banks, our structure, mission, and outlook are inherently aligned.

Growing Together
Our banks' mutual goals focus on expanding our services to continuously meet customer needs.

Community Partners
Through our expanded branch network, we can strengthen our commitment to the North Shore community.

OUR EXPANDED NETWORK

Reading Cooperative Bank and Wakefield Cooperative Bank are combining to better serve you.

Under the Reading Cooperative Bank name, Reading Cooperative Bank's current President and CEO Julieann M. Thurlow will lead the organization, with Wakefield Cooperative Bank President and CEO Jeffrey A. Worth joining as President.

Map
Graphic with Quote from Julie Thurlow, President & CEO of Reading Cooperative Bank that reads "The customer is still being served by the employees they know in each of our branches."
Graphic with Quote from Jeffrey Worth, President & CEO of Reading Cooperative Bank that reads "The customer is still being served by the employees who they know in each of our branches."

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