From the Bank
Avidia Bank provides the best in banking to consumers and businesses and is a proud community partner. Formed in 2007 by a merger between Hudson Savings Bank and Westborough Bank, Avidia Bank is now a $1.2 Billion mutual community bank headquartered in Hudson, MA. It has branches in Hudson, Westborough, Clinton, Marlborough, Northborough, Shrewsbury, Leominster and is opening soon in Framingham.
With investments in technology, Avidia offers Mobile banking with check deposit, bill pay, transfers, and the option to pay other people electronically.
The bank is very passionate about communities it serves in and helps out area organizations through the Avidia Charitable Foundation as well as through the Bank itself.
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Framingham Bank
New bank they opened in Framingham looks great and customer service was great. There is ample parking and in a convenient location.
Great People, Totally Absurd Online Banking Experience
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.
Horrible Customer Service
Extremely unhelpful customer service, closing unresolved tickets and not making any effort to solve the issue (sending boilerplate responses that are not applicable to the situation.)
Run fast.
Very Poor Experience
My account was transferred to this service due to employer changing plans. Part of my money was sent back to my employer, part of my money is still at Avidia and when I do some accounting the numbers don't add up correctly. Avidia sent me a HSA credit card to pay for expenses. I tried to use the card at two doctors offices and Costco pharmacy. Even though the card is "active" according to support, the card came up invalid on all the systems. There is enough money in my account to cover the bill. Customer service finally told me I had to swipe my card and it wouldn't work via phone or web pay. On top of that, I was told it wouldn't work at Costco and I had to use it at Rite Aid or Walgreens. I still have several hundred dollars that are in limbo somewhere.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 90215 |
| Year Established | 1869 |
| Employees | 228 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.83% |
| Return on Equity - YTD | 8.35% |
| Annual Interest Income | $67.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $1.60B$1.52B |
| Loans | Q4 2018vs Q4 2017 | $1.22B$1.19B |
| Deposits | Q4 2018vs Q4 2017 | $1.34B$1.11B |
| Equity Capital | Q4 2018vs Q4 2017 | $160.7MM$151.3MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $12.5MM$11.8MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $9.1MM$4.0MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $2.0MM$780.00K |
Always verify rates and promotions with the bank or credit union. We are not Avidia Bank; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Avidia Bank Savings Account Rates
Avidia Bank Money Market Rates
Avidia Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.66%* | - | $25k | Max Checking | ||
| OTHER TIERS: 0.25% → $25k+ | |||||
| 1.55% | - | $25k | eChecking | ||
| 0.05% | - | - | Value NOW Checking | ||
| 0.05% | - | - | Senior Checking | ||
Avidia Bank CD Rates
Avidia Bank IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.79% | $500 | - | 60 Month IRA | |
| 2.63% | $500 | - | 48 Month IRA | |
| 2.43% | $500 | - | 36 Month IRA | |
| 2.38% | $500 | - | 30 Month IRA | |
| 2.33% | $500 | - | 24 Month IRA | |
| 2.22% | $500 | - | 18 Month IRA | |
| 1.82% | $500 | - | 12 Month IRA |
| Clinton Branches | ||
|---|---|---|
| Clinton Branch | 1073 Main Street | Clinton, MA 01510 |
| Framingham Branches | ||
|---|---|---|
| Framingham Branch | 270 Cochituate Road | Framingham, MA 01701 |
| Hudson Branches | ||
|---|---|---|
| Hudson Shopping Center Branch | 221 Washington Street | Hudson, MA 01749 |
| Avidia Bank | 42 Main Street | Hudson, MA 01749 |
| Hudson Loan Center Branch | 17 Pope Street | Hudson, MA 01749 |
| Leominster Branches | ||
|---|---|---|
| Leominster Branch | 470 Lancaster Street | Leominster, MA 01453 |
| Marlborough Branches | ||
|---|---|---|
| Marlborough Branch | 256 Maple Street | Marlborough, MA 01752 |
| Northborough Branches | ||
|---|---|---|
| Northborough Branch | 53 West Main Street | Northborough, MA 01532 |
| Shrewsbury Branches | ||
|---|---|---|
| Shrewsbury Branch | 23 Maple Avenue | Shrewsbury, MA 01545 |
| Westborough Branches | ||
|---|---|---|
| Westborough Savings Bank Branch | 100 East Main Street | Westborough, MA 01581 |