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