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42 Main Street
Hudson, MA 01749

Avidia Bank is headquartered in Hudson and is the 29th largest bank in the state of Massachusetts. It is also the 591st largest bank in the nation. It was established in 1869 and as of June of 2014, it had grown to 181 employees at 9 locations. Avidia Bank has a B health rating.

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Reviews (1)

Poor Customer Service

I did not receive a card for my HSA, so I called to ask for one. They said they would put in an expedited request. Great! 2 weeks later, nothing. I call up again and they can't find anything in the system. They say they don't want to try it again because they don't want to charge me a second $50 fee. Wait, what?? No one said anything about fees! They say I'll need to talk to the people at the main branch, and they gave me a phone number for it. I call it and it just bounces back to them again, and again, and again. They say I should go visit my local branch. Fine, except it is 2000 miles away. I do not respect anyone that stonewalls like this!


Data for Q2 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of June 30, 2014 Avidia Bank had $13.2 million in non-current loans and owned real-estate with $108.11 million in equity and loan loss allowances on hand to cover it. This gives Avidia Bank a Texas Ratio of 12.21% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Avidia Bank decreased slightly from 17.36% as of June 30, 2013 to 12.21% as of June 30, 2014, resulting in a positive change of 29.69%.This indicates that the balance sheet and financial strength for Avidia Bank has improved slightly in recent periods.

Deposit Growth


In the past year, Avidia Bank has decreased its total deposits by -$22.21 million, resulting in -2.8% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Avidia Bank has shown is below average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Avidia Bank has $1.14 billion in assets with $108.11 million in equity, resulting in a capitalization level of 9.50%, which is above average.

Institution Statistics

FDIC Certificate #90215
Year Established1869
Primary RegulatorFDIC
Assets and Liabilities
Assets$1.14 billion
Loans$851.62 million
Deposits$771.89 million
Equity Capital$100.75 million
Loan Loss Allowance$7.36 million
Unbacked Noncurrent Loans$12.84 million
Real Estate Owned$357,000
Historic Data - June 2013
Assets$1.08 billion
Equity Capital$91.48 million
Loan Loss Allowance$7.65 million
Unbacked Noncurrent Loans$12.84 million
Real Estate Owned$535,000
Profit Margin - Quarterly
Return on Assets0.61%
Return on Equity7%
Interest Income$22.12 million

Always verify rates and promotions with the bank or credit union. We are not Avidia Bank, we are a rate comparison website and can not provide official rates or promotions.

Avidia Bank Savings Account Rates

0.25%$20k-Health Savings Account
0.20%$50k-Smart Savings
0.10%--Passbook Account
0.10%--Statement Holiday Club

Avidia Bank Money Market Rates

0.35%$50k-IRA Money Market
0.25%$100k-Money Market

Avidia Bank Checking Account Rates

1.06%-$25keChecking - Qualifying
0.12%$50k-The Most Account
0.05%--Value NOW Checking
0.05%--Senior Checking
0.05%--eChecking - Non Qualifying
0.00%--Smart Checking

Avidia Bank CD Rates

1.56%$1k-60 Month CD
1.31%$1k-48 Month CD
1.05%$1k-36 Month CD
0.70%$1k-24 Month CD
0.55%$1k-18 Month CD
0.40%$1k-12 Month CD
0.30%$1k-6 Month CD
0.25%$1k-3 Month CD

Avidia Bank IRA Rates

1.71%$500-60 Month IRA
1.46%$500-48 Month IRA
1.21%$500-36 Month IRA
0.85%$500-24 Month IRA
0.70%$500-18 Month IRA
0.55%$500-12 Month IRA

Avidia Bank Locations
Westborough Savings Bank Branch100 East Main StreetWestborough, MA 1581
Clinton Branch1073 Main StreetClinton, MA 1510
Hudson Shopping Center Branch221 Washington StreetHudson, MA 1749
Shrewsbury Branch23 Maple AvenueShrewsbury, MA 1545
Marlborough Branch256 Maple StreetMarlborough, MA 1752
West Main Branch33 West Main StreetWestborough, MA 1581
Avidia Bank42 Main StreetHudson, MA 1749
Leominster Branch470 Lancaster StreetLeominster, MA 1453
Northborough Branch53 West Main StreetNorthborough, MA 1532
Willows BranchOne Lyman StreetWestborough, MA 1581