Avidia Bank

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60 Month IRA (Traditional, Roth, CESA)

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Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
0.50%	1-year CD	12 Month CD 1.05% - Ally Bank High Yield 12-Month CD
0.75%	2-year CD	24 Month CD 1.30% - Ally Bank Raise Your Rate 2-Year CD
0.05%	Checking	Value NOW Checking 0.13% - National Average

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Overview / Commentary

www.avidiabank.com

800-508-2265

42 Main Street
Hudson, MA 01749

Avidia Bank is headquartered in Hudson and is the 29^th largest bank in the state of Massachusetts. It is also the 550^th largest bank in the nation. It was established in 1869 and as of June of 2016, it had grown to 203 employees at 9 locations. Avidia Bank has an A health rating.

Great People, Totally Absurd Online Banking Experience

Posted by: William Young | Feb 19, 2016

Good luck to anyone seeking an easy, straightforward online banking experience with Avidia. In my experience, it's pure imbecilic torture. I am all in favor of whatever degree of security a bank wants to impose on its systems. If a bank wants to go to the Fort Knox level, by all means, go ahead. However, there's an intelligent and logical way to go about doing it. Avidia did not get the memo on this. None of the other banks I deal with come anywhere close to Avidia in terms of how cumbersome and difficult they make online banking. All totally unnecessary and avoidable. Great CS phone reps - I feel badly for them having to defend and find workarounds for such poorly conceived internal systems.

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2

Terrible Bank

Posted by: Alex Benoit | Aug 6, 2016

Horrible customer service because they use a 3rd party vendor and use a 3rd party vendor for their cards. Even in the branch, some of the employees conduct themselves in an unprofessional manner. Don't use this shell of a bank that only generates fees for itself and really provides no tangible value.

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1

Poor Customer Service

Posted by: uglysquid | May 5, 2014

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!

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6

Health

A

Data as of Q2 2016

Learn more about bank health

Health Grade Components

Overall
FDIC Certificate #	90215
Year Established	1869
Employees	203
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.62%
Return on Equity - YTD	6.97%
Annual Interest Income	$25.2MM

Assets and Liabilities
Assets	Q2 2016vs Q2 2015	$1.34B$1.21B
Loans	Q2 2016vs Q2 2015	$1.03B$933.0MM
Deposits	Q2 2016vs Q2 2015	$921.8MM$847.8MM
Equity Capital	Q2 2016vs Q2 2015	$117.4MM$108.5MM
Loan Loss Allowance	Q2 2016vs Q2 2015	$7.9MM$8.5MM
Unbacked Noncurrent Loans	Q2 2016vs Q2 2015	$6.3MM$14.4MM
Real Estate Owned	Q2 2016vs Q2 2015	$1.3MM$64.00K

User-submitted Promotions & Notices

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This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.

$50 Student Checking Account Bonus In MA

troy | Aug 22, 2016

Easy $50 for high school and college students

https://www.avidiabank.com/personal/avidiaschool

From August 1, 2016 through September 29, 2016, when you open an eligible Avidia@School account you will receive a $50 Amazon.com gift card.

Open up either a First Checking (15-18 years old) or a Smart Checking (19-23 years old) to be eligible.

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1

Rates

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Avidia Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%^*	$20k^*	-	Health Savings Account (HSA)
OTHER TIERS: 0.10% → Up to $2,500 \| 0.14% → $2,500 - $20k
0.20%^*	$50k^*	-	Smart Savings Account
OTHER TIERS: 0.05% → Up to $10k \| 0.08% → $10k - $25k \| 0.12% → $25k - $50k
0.10%	-	-	Passbook Account
0.10%	-	-	Statement Holiday Club

Avidia Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.35%^*	$50k^*	-	IRA Money Market Account
OTHER TIERS: 0.30% → Up to $50k
0.25%^*	$100k^*	-	Money Market Account
OTHER TIERS: 0.10% → Up to $10k \| 0.14% → $10k - $50k \| 0.17% → $50k - $100k

Avidia Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
1.06%^*	-	$25k	eChecking
OTHER TIERS: 0.05% → $25k+
0.12%^*	$50k^*	-	The Most Account
OTHER TIERS: 0.02% → Up to $25k \| 0.07% → $25k - $50k
0.05%	-	-	Value NOW Checking
0.05%	-	-	Senior Checking

Avidia Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.56%	$1k	-	60 Month CD
1.31%	$1k	-	48 Month CD
1.21%	$1k	-	30 Month CD
1.06%	$1k	-	36 Month CD
0.75%	$1k	-	24 Month CD
0.65%	$1k	-	18 Month CD
0.50%	$1k	-	12 Month CD
0.35%	$1k	-	6 Month CD
0.25%	$1k	-	3 Month CD

Avidia Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.71%	$500	-	60 Month IRA
1.46%	$500	-	48 Month IRA
1.36%	$500	-	30 Month IRA
1.21%	$500	-	36 Month IRA
0.90%	$500	-	24 Month IRA
0.80%	$500	-	18 Month IRA
0.65%	$500	-	12 Month IRA

Locations

Avidia Bank Locations
Westborough Savings Bank Branch	100 East Main Street	Westborough, MA 01581
Clinton Branch	1073 Main Street	Clinton, MA 01510
Hudson Shopping Center Branch	221 Washington Street	Hudson, MA 01749
Shrewsbury Branch	23 Maple Avenue	Shrewsbury, MA 01545
Marlborough Branch	256 Maple Street	Marlborough, MA 01752
Avidia Bank	42 Main Street	Hudson, MA 01749
Leominster Branch	470 Lancaster Street	Leominster, MA 01453
Northborough Branch	53 West Main Street	Northborough, MA 01532
Willows Branch	One Lyman Street	Westborough, MA 01581