|Monthly Maintenance Fees||Fee Per Check Written||Fee Per Bulk Deposit||Per Item with a Deposit||Earnings Credit Allowed|
This account lets you earn high interest rates and enjoy instant access to your money, plus gives you the security of being FDIC and DIF insured. The higher your balance, the higher the interest you earn. The minimum opening deposit is $1,000.
Some features of this account include
Waiver of $10.00 monthly maintenance fee as long as you maintain the minimum balance of $1,000
Unlimited over-the-counter withdrawals*
Unlimited withdrawals or transfers using Avidia ATMs**
No POS or EFT transaction charges
*Withdrawals subject to Federal limit restrictions: you will be permitted to make no more than six (6) transfers per month to third parties. A $10 Maintenance fee for Excessive Transactions will be applied per transaction after the 6 allowed to third parties during a statement cycle.
** You can use your Avidia ATM or debit card free at any Avidia ATM. Avidia charges a $3.00 fee when you use another bank's ATM. Other banks may charge you a fee for using their ATM or having a debit card.
|Monthly Maintenance Balance||Interest Rate||Annual Percentage Yield||Minimum Balance to obtain APY|
|$1000||0.90%||0.90%||0 - $249,999|
|$1000||1.10%||1.11%||$250,000 - $499,999|
|$1000||1.45%||1.46%||$500,000 or greater|
Important Information About Opening An Account:
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
What this means to you:
When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.
Contact us to get started!
We know your busy schedule makes it hard to get to the bank. So, we want to make it easy to learn about all the business banking services at Avidia bank. Complete the form, click Submit, and one of our experienced Business Bankers will contact you within 24 hours. If you would like to contact us, please call 978-567-3552.
Inquiries are limited to the following states: Massachusetts, New Hampshire, Vermont, Maine, Connecticut and Rhode Island. Please complete the information requested on the form to receive a response from our commercial banking team.