Additional Services

Dental Industry Solutions

Avidia Bank is a financial institution that specializes in creative and competitive solutions for New England based dental practices. 

 We have expertise in financial solutions for all facets of the dental industry, including:

  • Transition, real estate and equipment lending 

  • Working capital 

  • Cash management and merchant services.  

 Give business services a call at  800-397-2225 today!

IOLTA Accounts

Avidia Bank is a certified Leadership Institution by the Massachusetts IOLTA Committee. 
The law required lawyers and law firms to establish interest bearing accounts for client deposits that are typically held for a short period of time. 
If you are a Massachusetts Attorney in need of an IOLTA, please contact our Business Banking Department at 800-397-2225.

Condominium Association Loans/Banking

Avidia Bank is the place for financing options and expert guidance for property management companies and community associations!  We offer customized lending solutions to fund capital repairs and improvements.

Howard Himmel will assist you in every phase of the process which includes meeting with your condo association board to present terms and conditions of a loan that best fit your need and a quick loan approval.  He will also attend unit owner meetings.

Loans include:

  • Competitive Rates and Programs

  • Flexible Terms of 15 Years or More

  • 100% Project Financing

  • Specialized Loans for Smaller Associations

Howard Himmel serves all of New England and brings his expertise and experience in Community Association Banking to Avidia Bank.

Give Howard a call at 978-567-3630 or email at h.himmel@avidiabank.com to get started today.

Small Business Banking Partnership

Avidia Bank is proud to participate in Massachusetts’s Small Business Banking Partnership.

On May, 5, 2011, the Massachusetts Treasurer's office launched the Small Business Banking Partnership based on area community banks’ willingness to loan money to small businesses.  This initiative places at least $100 million in state money on deposit into community banks across the Commonwealth. This money is then used by community banks to lend to creditworthy small businesses for expansion purposes and help create new jobs across Massachusetts.

Avidia Bank currently has created 24 loans and $3,389,339.25 is being lent to small businesses in our community.

All applicants work directly with Avidia Bank. For more information on this partnership, visit Treasurer Steven Grossman's Small Business Banking Partnership  section on his website.