FDIC-Insured – Backed by the full faith and credit of the U.S. GovernmentHigh Yield Savings
Our High Yield Savings account pairs well with our full deposit insurance coverage.
High Yield Savings Account Benefits
- Competitive high rate of interest
- No maintenance fees
- Access to your funds
- Sweep Option: If there are ever insufficient funds in your primary checking account, you can arrange automatic access to funds in your savings account for a $5 fee. Enrollment is easy at any of our branch locations.
High Yield Savings Account Requirements
- $5,000 minimum opening balance. Must be new money.
- For consumer accounts only.
Calculate your savings overtime
Click here to see how much you can save over time or how much you need to put away each month to hit a certain goal.
Deposit Rates as of 4/22/25
| Type of Account | Minimum Opening Balance | Interest Rate | Annual Percentage Yield (APY)* | Daily Balance to Obtain APY** |
|---|---|---|---|---|
| High Yield Savings Account*** | $5,000^ | 2.96% | 3.00% | $5,000.00 |
Online banking FAQs
An “ACH transfer” is a fancy word for an electronic transfer. This can be anything from a scheduled transfer from one of your other bank accounts to a recurring debit payment made by your car insurance company. Typically any time you initiate a transaction electronically using your account number and bank routing number, this is considered an ACH (“Automated Clearing House”) transfer.
A wire transfer is another way of sending money electronically and is typically initiated through a financial institution. When initiating a wire transfer, you are asked to provide your account information, as well as, the recipient’s account information (account number, bank routing number, recipient’s address). Wire transfers allow people and businesses to send money in a quick fashion. Unlike other money transfer services that have lower limits, wire transfers allow large sums of money to be sent. A fee may be charged for wire transfers. Consult our current fee schedule for applicable fees.
Avidia Bank’s Internet Banking is an easy way to access eligible accounts and perform banking activities from anywhere using your internet enabled devices.
With Internet banking from Avidia Bank you can:
- Check your account activity
- Make loan payments
- Transfer funds
- Pay your bills
- Access bank statements and tax forms
Yes you can with our Internet Bill Pay service. This service saves you time and money while making paying your bills easier than ever.
*Rate may change after account opening. Fees could reduce earnings.
**We use the daily balance method to calculate interest on your account. This method applies a daily periodic rate to the principal in the account each day.
***For consumer accounts only.
^Must be new money