Reading Cooperative Bank Selects Marianela Vazquez as Chief Operating Officer

In anticipation of a strategic realignment of its executive leadership team, Reading Cooperative Bank (“RCB”) selected S&W to manage the search and selection process for the bank’s Chief Operating Officer (“COO”). Established in 1886 “with a mission to make it possible for the average ‘workingman’ to purchase a home,” Reading Cooperative Bank is an approximately $710 MM Massachusetts-based mutual bank. As the Bank has evolved, it has grown into a progressive and technology-driven community financial institution embodying the best of what a community bank can be: committed to the communities it serves with pioneering technology offerings that allow its customers to bank where and when they want.

Moriah Maron, a consultant with S&W’s Financial Services team who led recruiting efforts for this search, said

“As Reading Cooperative Bank continues to look toward the future and identify areas of innovation that will allow its customers to bank when, where, and how they wish, Marianela’s FinTech experience was of particular interest in the final selection. I have no doubt she will be integral to the success and evolution of RCB going forward.”

RCB selected Marianela Vazquez to join the Bank’s Executive team in the COO role, responsible for all internal functions of the bank. Marianela is best known as a people leader and has spent much of her career leading operations for fast-growing FinTech companies, driving strategy for the organizations and the customers they serve. Most recently, Marianela was Chief Customer Officer at Numerated, a Boston-based digital lending platform for business banking.