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READING CO-OPERATIVE
BANK IS GROWING!
With
two new locations scheduled to open, Reading Co-operative Bank is excited
to meet the financial needs of the residents of Woburn, and
the students and faculty of the Reading Memorial High
School.
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Reading
Co-operative Bank will open its newest office at 300 TradeCenter,
Route 128, in Woburn.
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This
will be the sixth office opened by the Bank. Reading Co-operative Bank
who was recently awarded the Superior 5-Star Exceptional
Performance Award
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by Bauer Financial, Inc , the strongest award granted by this group based
on the Bank’s strong, safe and profitable performance.
The full service office will offer both consumer and commercial services
to its banking customers. Lobby plans are underway to maximize the
customer experience; providing high tech personal service, full
technology access in a green environment. Two ATMs will be
available at this location, one in the Bank’s lobby and the other
in the parking garage adjacent to the new Middlesex County courthouse entrance.
President and CEO Julieann M. Thurlow remarked: “We are excited
about our newest venture with Cummings Properties, a first-class, LEED
Gold certified energy efficient building with tremendous visibility for
the Bank. We look forward to servicing the banking needs of this
complex, the surrounding area and the entire community of Woburn for many years to
come.”
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Reading
Co-Operative Bank Is Set To Open A New “Learning Branch” At Reading Memorial High School
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The
Bank has received State and School Committee approval to open a Branch
office at the Reading Memorial High School on the first floor of the
newly remodeled high school in September 2008.
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This School Branch will be used as an educational facility for students
enrolled in the basic principles and practices of banking who will
actually participate in a true banking environment and follow courses
offered through the Business Development department. The
Branch will operate as a full service bank with services open to the
educational community of RMHS including, but not limited to, the student
body and all staff and visitors of RMHS. No ATM will be installed,
but Online Banking tools will be encouraged at the Computer Cafe’
area. Branch hours are expected to coincide with School hours and
the Branch will not be open during school vacation periods or holidays.
Bank President and CEO, Julieann M. Thurlow commented: “We
are very excited about the opening of this School Branch Bank. The
more students know about how to save and manage their money, the more
likely they are to make good financial decisions that will positively
impact their future. We also want to thank the school
administration for their recognition of this educational need”.
Superintendent of Schools, Pat Schettini added: “I am very
excited about the educational opportunities that this partnership brings.
This is a very good example of how schools and businesses can work
together. We look forward to many years of a successful partnership”.
RMHS Principal Joe Finigan stated: “There are a wide range of
skills and attitudes we hope to prepare our students with as they
graduate from RMHS, critical among them is a strong understanding of
financial literacy. Time and time again, we read in the national
press of young people being very book smart, but really unprepared to
live in a changing world with regard to finance and good personal wealth
habits. The Reading Co-operative Bank RMHS Branch will allow us to
provide coursework to support the fiscal health of all of our young
people”.
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