Avidia Bank


42 Main St
Hudson, MA 01749
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 2.55% →
1-Year CD 0.60% 2.80% →
2-Year CD 0.80% 3.20% →
5-Year CD 1.01% 3.65% →
30-Year Mortgage N.A. 6.31% →
15-Year Mortgage N.A. 5.86% →
HELOC N.A. 2.79% →

2022 Overview

General Bank Information

Avidia Bank is an FDIC insured institution located in Hudson, MA. It was founded in 1869 and has approximately $2.4 billion in assets. Customers can open an account at one of its 11 branches.

FDIC Insured Yes
FDIC Certificate # 90215
Date Established 1869
Assets $ 2.40 billion
Loans $ 1,586.32 million
Deposits $ 2.17 billion
Capital $ 192.38 million

For a more detailed analysis of Avidia Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - August 16, 2022

Your Current Location: California, CA 92111

Savings and Money Market Rates APY MIN MAX
Money Market
0.35% $2,500 $2,999 Learn More
Money Market
0.35% $10,000 $14,999 Learn More
Money Market
0.35% $25,000 $29,999 Learn More
6 Mo CD
0.45% $10,000 $14,999 Learn More
6 Mo CD
0.45% $100,000 $199,999 Learn More
12 Mo CD
0.60% $10,000 $14,999 Learn More
12 Mo CD
0.60% $100,000 $199,999 Learn More
18 Mo CD
0.70% $10,000 $14,999 Learn More
18 Mo CD
0.70% $100,000 $199,999 Learn More
24 Mo CD
0.80% $10,000 $14,999 Learn More
24 Mo CD
0.80% $100,000 $199,999 Learn More
30 Mo CD
0.85% $10,000 $14,999 Learn More
30 Mo CD
0.85% $100,000 $199,999 Learn More
36 Mo CD
0.90% $10,000 $14,999 Learn More
36 Mo CD
0.90% $100,000 $199,999 Learn More
48 Mo CD
1.01% $10,000 $14,999 Learn More
48 Mo CD
1.01% $100,000 $199,999 Learn More
60 Mo CD
1.01% $10,000 $14,999 Learn More
60 Mo CD
1.01% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 $99 Learn MoreShow Less
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less
Checking Rates APY MIN FEE
eChecking 0.10% $0 $0.00 Learn MoreShow Less
Smart Checking 0.00% $0 $0.00 Learn MoreShow Less
Value NOW Checking 0.00% $1,000 $5.00 Learn MoreShow Less

Loan Rates - August 16, 2022

Your Current Location: California, CA 92111

There are currently no loan rates available for Avidia Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - California 30 Year Fixed Mortgage Rates 2022

Lender APR Rate (%) Monthly
Learn More
NMLS ID: 2890
License#: 413-0477
4.845% 4.750%
0.75 points
$2,752 fees
$1,305 Learn More

Featured - California Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR 4.990 %
After Intro: 6.250 %
Intro Period: 12 months
$25,000 Learn More
More Info

Note to Avidia Bank
To upload and update your bank's rates please register. It is free to register and add rates.


Avidia Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
San Diego,California

Avidia Bank Locations

Climate Initiatives

Avidia Bank is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

Avidia Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Avidia Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Avidia Bank U.S. Bank Average
1.39% 4.01%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2022, Avidia Bank had $2,925,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $192,382,000 in equity and $17,407,000 in loans loss reserves. That gives it a Texas Ratio of 1.39%.

Return on Equity
Avidia Bank U.S. Bank Average
5.18% 9.01%

Avidia Bank has a Return on Equity of 5.18% versus the BestCashCow average of 9.01%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Avidia Bank U.S. Bank Average
8% 10.66%

Avidia Bank has a Capitalization of 8% versus the BestCashCow average of 10.66. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Avidia Bank Balance Sheet Analysis

As of March 31, 2022, Avidia Bank had assets of $2,404,559,000, loans of $1,586,316,000, and deposits of $2,167,859,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2022
Cash & Balances due from depository institutions $ 326.52 million
Interest-bearing balances $ 312.95 million
Total securities $ 377.22 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 1,586.32 million
Loan loss allowance $ 17.41 million
Trading account assets $ 3.01 million
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 15.93 million
All other assets $ 68.93 million
     Total Assets $ 2.21 billion
Total deposits $ 2.17 billion
      Interest-bearing deposits $ 1,730.70 million
      Deposits held in domestic offices $ 2.17 billion
      % insured (estimated) 71.13%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities $ 3.01 million
Other borrowed funds $ 10.00 million
Subordinated debt N.A.
All other liabilities $ 31.31 million
      Total Liabilities $ 2.21 billion
      Shareholders’ Equity $ 192.38 million

Summary Income Statement

March 31, 2022
Total Interest Income $ 18.94 million
Total Interest Expense $ 0.75 million
Net interest income $ 18.19 million
Provision for loan and lease losses $ 0.20 million
Total non interest income $ 5.62 million
Total non interest expense $ 18.85 million
Pre-tax Net Operating Income $ 4.76 million

Bank Loan Profile?

The top three loan types in Avidia Bank’s loan portfolio are Commercial and Industrial Loans, Commercial Real Estate, and 1-4 Family Residential Loans.

Compared to other banks in Massachusetts, Avidia Bank has a significantly higher percent of Credit Card Loans, Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 25.90
Credit Card Loans 0.14
Consumer Auto Loans 0.11
Small Business Loans 0.00
Construction and Development Loans 4.20
Commercial Real Estate 26.70
Commercial and Industrial Loans 39.87
Farm Loans 0.00

Customer Reviews for Avidia Bank

  • August 16, 2019 |

    Deceptive Sales Practices: Huge Penalties

    What an awakening! Without any clear statement, and nothing at all on its website, Avidia charged us 50% of the CD’s FULL TERM interest, including both paid and unpaid interest. We lost roughly 10% of the entire original deposit. Avidia's website doesn’t mention or discuss penalties at all. Looking more carefully at the CD certificate, we now see that carefully chosen trick words were used, without any warning or explanation, to enable this ripoff. The CD was for 5 years at 1.56%, not a good deal to begin with. Once the penalty of all 5 years of interest was applied, the effective rate for that CD, withdrawn 2 years from inception, was roughly negative 5%.

    Our preferred bank (obviously not Avidia) charges 50% of ONE year's interest as a penalty for early withdrawal of a CD. We had naively thought that was the norm, but obviously got snookered. The tricky words, appearing once on the actual certificate: "the term."

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