Press Releases

Check out what’s been happening here at Avidia. Learn about new products and services, what area organizations we have recently supported, bank promotions and more!

06/18/2019

Avidia Bank Announces Corporate Office Center

Hudson – Avidia Bank announced recently that in order to keep up with growth they are creating a corporate office center in the building where their headquarters is currently located at 42 Main St. in Hudson, Mass. To accommodate more offices, meeting spaces and community space, the Bank announced that they plan to move all branch banking services across the street to the Avidia Financial Center by April 2020. The Avidia Financial Center, located at 17 Pope St.

06/14/2019

Another Smaller Institution Joins the Clearing House RTP Platform

The Clearing House (TCH) launch a real-time payments platform in November 2017.

06/13/2019

Avidia Shows How Relationship Between Banks and Fintechs May Shift

Hudson-based Avidia Bank made a bold move last month, becoming the first community bank in the country to join The Clearing House’s real-time payments network and in the process showing how the relationship between fintechs and banks may soon start to shift.

The move gives the bank’s customers the ability to send, clear and settle payments immediately and at all times – 24 hours a day, seven days a week and 365 days of the year.

06/04/2019

Avidia Takes the Plunge First Community Bank Joins The Clearing House Real-Time System

While most community banks have been hesitant to sign up to a real-time payment processing system, Hudson-based Avidia has jumped in with both feet.

Avidia Bank, a small $1.6 billion–asset bank based in Hudson, chose a path last week that few, if any, community banks in the country have dared to go down. 

Read the full article in Banker and Tradesman here. 

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