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Bank

Reading Cooperative Bank

readingcoop.com
180 Haven Street, Reading, MA 01867

Reading Cooperative Bank is a community-focused bank based in Reading, Massachusetts, offering a variety of financial services including personal banking and mortgage loans.

Key Statistics

As of December 2025, public records show Reading Cooperative Bank has originated approximately $138.6M in loan volume over the past 12 months, with an average loan size of $458k.

Volume (12mo)

$138.6M

Avg Loan Size

$458k

Total Mortgages

5,907

Total Borrowers

3,476

Lending Entities

Reading Cooperative Bank funds loans through the following entities. These are the legal entities that appear on recorded mortgage documents.

Reading Cooperative Bank

3,759 mortgages recorded

Wakefield Cooperative Bank

2,137 mortgages recorded

+5 more not shown

Geography

Reading Cooperative Bank's lending activity is concentrated in the following states, based on recorded mortgage data from the past 12 months.

#1Massachusetts

Mortgages (12mo): 180

Volume (12mo): $133.5M

Total Volume: $2.6B

#2New Hampshire

Mortgages (12mo): 5

Volume (12mo): $5.1M

Total Volume: $53.7M

#3Rhode Island

Mortgages (12mo): 0

Volume (12mo): $0

Total Volume: $2.7M

Top Borrowers

The following individuals have the most recorded mortgage transactions with Reading Cooperative Bank. Click on a borrower to view their full investor profile.

+3,473 more not shown

FAQ

What type of lender is Reading Cooperative Bank?

Reading Cooperative Bank is classified as an bank based on our research. Banks are FDIC-insured depository institutions offering a range of mortgage products. They have a mix of business (18%) and personal loans in their portfolio.

What entities does Reading Cooperative Bank fund loans under?

Reading Cooperative Bank originates mortgages through 7 different lending entities. The most common include Reading Cooperative Bank and Wakefield Cooperative Bank. These are the legal entity names that appear on recorded mortgage documents.

Where is Reading Cooperative Bank most active?

Based on recorded mortgages, Reading Cooperative Bank is most active in Massachusetts, New Hampshire, and Rhode Island.

How many loans has Reading Cooperative Bank originated?

Public records show 5,907 mortgages recorded for Reading Cooperative Bank, with $138.6M in volume over the past 12 months.

What is the average loan size for Reading Cooperative Bank?

The average mortgage size for Reading Cooperative Bank is $458k based on all recorded mortgages.

Does Reading Cooperative Bank offer short-term loans?

Reading Cooperative Bank primarily offers long-term financing, with only 0% of loans being short-term.

How is this data collected?

Elementix aggregates mortgage data from public county records across the United States. We use AI to normalize lender names, identify aliases, and connect borrowers to their lending relationships.