SBA lender profile
Reading Co-Operative Bank
Reading Co-Operative Bank appears in the public SBA loan data with 21 funded 7(a) loans since FY2010, totaling $3.6M, an average of $172K per loan, and an estimated 168 jobs supported. Its SBA lending concentrates in Massachusetts and the Construction sector. Across its 7(a) loans, the charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 75
- Scale 2
- Activity 29
- Consistency 53
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Reading Co-Operative Bank the right lender for you?
Lenders fund what they know. Reading Co-Operative Bank's SBA lending concentrates in Massachusetts (20 loans) and Construction (3 loans), at an average loan of $172K. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Bank profile
via FDIC- Total assets
- $1.2B
- Headquarters
- Reading, MA
- FDIC cert
- #26620
- Status
- Active
Where Reading Co-Operative Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Massachusetts | 20 | $3.5M |
| New Hampshire | 1 | $150K |
What Reading Co-Operative Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Construction | 3 | $800K |
| Professional and Technical Services | 6 | $755K |
| Retail Trade | 3 | $570K |
| Arts, Entertainment, Recreation | 1 | $550K |
| Transportation and Warehousing | 2 | $400K |
| Manufacturing | 2 | $250K |
Reading Co-Operative Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2013 | 3 | $360K |
| 2014 | 4 | $450K |
| 2016 | 2 | $470K |
| 2017 | 1 | $50K |
| 2018 | 1 | $50K |
| 2019 | 3 | $225K |
| 2022 | 1 | $550K |
| 2023 | 1 | $150K |
| 2025 | 5 | $1.3M |
Related SBA lenders
Other lenders active in Massachusetts or in Construction.
Comparing lenders? See how to choose an SBA lender by track record.
Reading Co-Operative Bank: frequently asked questions
Does Reading Co-Operative Bank offer SBA loans?
Yes. Reading Co-Operative Bank appears in the public SBA data with 21 funded SBA 7(a) loans totaling $3.6M.
How many SBA loans has Reading Co-Operative Bank made?
Reading Co-Operative Bank is associated with 21 SBA 7(a) loans totaling $3.6M in the public SBA data (as of 2026-03-31).
What is Reading Co-Operative Bank's SBA charge-off rate?
About 0.0% of Reading Co-Operative Bank's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.
Where does Reading Co-Operative Bank do most of its SBA lending?
Reading Co-Operative Bank's SBA lending in the data is most concentrated in Massachusetts, and by industry in Construction.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). Reading Co-Operative Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/reading-co-operative-bank/
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