Inspired by the pervasive lack of personal savings nationwide, Reading Cooperative Bank in Massachusetts mobilized to add an “Employee Emergency Loan” to their suite of employee benefits. The loan allows full and part-time Reading Cooperative employees same-day access to up to $1000 for any emergency expense, no questions asked. The loan is low-risk for the employer as repayment is facilitated through payroll auto-deductions and offset by accumulated paid time off. A 2018 survey of employees conducted by Commonwealth two years after the product was implemented showed that awareness of the product was high, and employees had a positive perception of the loan overall.