TellerScore

Reading Co-operative Bank (FDIC certificate #26620) is based in Reading, Massachusetts. Its Q2 2026 call report shows $1.2B in total assets and $1.0B in deposits and 13 offices.

Based on its Q2 2026 filing, Reading Co-operative Bank scores 56/100, which we describe as moderate. That is higher than only 15% of 897 banks with $1 billion – $10 billion. Among 92 banks headquartered in Massachusetts, it ranks 75th. Its strongest component is problem-loan coverage (99/100; 0.7%), and its lowest is capital cushion (23/100; 7.35%).

TellerScore · Q2 2026

Scorecard

Capital cushion23/100
Tier 1 leverage ratio: 7.35%
Loan quality98/100
Noncurrent loans ÷ total loans: 0.06%
Earnings37/100
Return on assets (annualized): 0.42%
Funding & liquidity47/100
Loans ÷ deposits and uninsured-deposit share: 94.9% · 31.0% uninsured
Problem-loan coverage99/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 0.67%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score rose 9 points (47 → 56), mostly because the loan quality component improved by 25 points.

TellerScore
475256Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202453
Q3 202453
Q4 202452
Q1 202549
Q2 202547
Q3 202550
Q4 202547
Q1 202655
Q2 202656
Tier 1 leverage ratio
5.00%6.36%7.71%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 20247.63%
Q3 20247.66%
Q4 20247.68%
Q1 20257.71%
Q2 20256.92%
Q3 20256.84%
Q4 20257.01%
Q1 20267.14%
Q2 20267.35%
Noncurrent loans
0.06%0.55%1.05%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.09%
Q3 20240.14%
Q4 20240.19%
Q1 20250.79%
Q2 20250.81%
Q3 20250.66%
Q4 20251.05%
Q1 20260.16%
Q2 20260.06%
Return on assets
0.14%0.34%0.55%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.14%
Q3 20240.17%
Q4 20240.21%
Q1 20250.23%
Q2 20250.30%
Q3 20250.55%
Q4 20250.52%
Q1 20260.42%
Q2 20260.42%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202656$1.2B7.35%0.06%0.42%94.9%
Q1 202655$1.2B7.14%0.16%0.42%89.8%
Q4 202547$1.2B7.01%1.05%0.52%83.9%
Q3 202550$1.2B6.84%0.66%0.55%90.0%
Q2 202547$1.2B6.92%0.81%0.30%90.9%
Q1 202549$922.3M7.71%0.79%0.23%90.6%
Q4 202452$930.5M7.68%0.19%0.21%105.4%
Q3 202453$922.5M7.66%0.14%0.17%104.9%
Q2 202453$918.2M7.63%0.09%0.14%103.1%

897 peers · $1 billion – $10 billion

How it compares with peers

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio7.35%
2nd
Total risk-based capital11.33%
27th
Problem loans0.06%
90th
Net charge-offs0.08%
34th
Return on assets0.42%
7th
Net interest margin3.32%
27th
Efficiency ratio80.8%
6th
Loans to deposits94.9%
26th
Uninsured deposits31.0%
49th
Loan-loss reserves0.57%
6th
Texas ratio0.7%
88th

Similar-size banks in Massachusetts

InstitutionScoreAssetsCapitalProblem loansCompare
MutualOne BankBank Framingham, MA54 out of 100, Below average$1.2B21.1%5.92%vs
Pentucket BankBank Haverhill, MA63 out of 100, Moderate$1.1B11.7%0.79%vs
Winchester Savings BankBank Winchester, MA59 out of 100, Moderate$1.1B9.6%0.18%vs
MountainOne BankBank North Adams, MA73 out of 100, Strong$1.1B14.7%1.06%vs
Cape Ann Savings BankBank Gloucester, MA86 out of 100, Very strong$1.1B20.5%0.59%vs
Webster Five Cents Savings BankBank Webster, MA70 out of 100, Strong$1.3B12.5%0.46%vs

Deposit insurance

Is my money safe at Reading Co-operative Bank?

Yes. Reading Co-operative Bank is an FDIC-insured institution (FDIC certificate #26620). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 31.0% of deposits ($314.7M) are above the $250,000 FDIC insurance limit, close to the peer median of 31%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 7.35%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 11.33% (benchmark: 10%).

Check how much of your own balance is covered

13 locations

Branches

Reading Co-operative Bank lists 13 offices in 11 cities. Most locations:

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, Reading Co-operative Bank reported 176 home-loan applications under HMDA (LEI 549300BNF48S5Z88UL34): 127 originated ($97,775,000 total), 20 denied, and 24 withdrawn or closed by the applicant. Its denial rate on decided applications was 13.2%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Identity & history

Profile

Legal name
Reading Co-operative Bank
Type
State-chartered bank (Fed member)
FDIC certificate #
26620
RSSD ID
1008674
Primary regulator
FED
Established
January 1, 1886
Headquarters
180 Haven St, Reading, MA 01867
Employees
117

Quick answers

Reading Co-operative Bank: common questions

Is Reading Co-operative Bank FDIC insured?

Yes. Reading Co-operative Bank is an FDIC-insured institution (FDIC certificate #26620). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is Reading Co-operative Bank's TellerScore?

56 out of 100 (Moderate), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

Has Reading Co-operative Bank ever failed?

There is no failure record for FDIC certificate #26620 in the FDIC failed bank list.

How many branches does Reading Co-operative Bank have?

13 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Reading

InstitutionScoreAssetsCapitalProblem loansCompare
Cambridge Municipal Employees Federal Credit UnionCredit union Cambridge, MA97 out of 100, Very strong$10.2M24.8%0.12%vs
Alpha Credit UnionCredit union Boston, MA97 out of 100, Very strong$35.1M18.8%0.14%vs
Somerville Mass Firefighters Federal Credit UnionCredit union Somerville, MA92 out of 100, Very strong$7.4M19.6%0.00%vs
Cambridge Firefighters Federal Credit UnionCredit union Cambridge, MA92 out of 100, Very strong$14.2M25.8%0.27%vs
Billerica Municipal Employees Credit UnionCredit union Billerica, MA91 out of 100, Very strong$23.6M17.8%0.00%vs
Danvers Municipal Federal Credit UnionCredit union Danvers, MA91 out of 100, Very strong$8.2M39.0%0.00%vs