Checking Accounts

Avidia offers 6 checking account options that most will find, fits their banking needs, including First Checking for kids 14-18 and Senior Checking for people 65 and older.

 

 

APY (Annual Percentage Yield)

Opening Deposit Minimum Monthly Balance Minimum Balance to Obtain APY Maintenance Fees ATM Fee Reim-
bursement
Open Online
eChecking 0.35%-1.56% $10 None $0.01 - $25,000* None Yes Open a eChecking Now
  0.35% $10 None Greater than $25,000* None Yes
Smart Checking None $10 None N/A None No Open a Smart Checking Now
Value NOW Checking 0.05% $10 $1,000 Average Daily Balance $0.01^ $5 No

Open a Value NOW Checking

Max Checking 2.70% (for balances less than or equal to $25,000)** $10 Greater than $0 N/A None Yes Online opening coming soon
 

Deposit rates are effective January 1, 2019 and are subject to change without notice. Online account opening available to New England residents only.

*eChecking Disclosure

 

In order to earn the stated Annual Percentage Yield (APY) for eChecking:

  • You must open your account online

  • You must sign up for electronic monthly statements (eStatements)

  • Enroll in Internet banking and sign in at least once a month

  • Use your debit card to make at least ten purchases per statement cycle

  • Have at least one recurring ACH transaction per month (i.e. direct deposit, automatic payment of a bill, etc.)

  • Maintain a monthly collected balance greater than $0 

The interest rate of 1.56% APY is paid on balances up to $25,000. Balances over $25,000 earn 0.35% APY.  Your interest rate and  APY may change at our discretion. Qualifying requirements must be met during each monthly statement cycle to earn the APY including: 10 Debit Card purchases, e-Statements, Direct Deposit or one ACH transaction per statement cycle. All foreign ATM Fees and ATM Surcharges up to $25 per statement cycle will be refunded when qualifying requirements are met.  If any qualifying requirements are not met, the account will earn a nominal rate of 0.05% APY on the entire balance and the ATM fees will not be refunded.

 

^Value NOW Disclosure

A maintenance fee of $5.00 will be imposed every statement cycle if the average balance in the account falls below $1,000 during the statement cycle. Maintenance fee will be waived with a direct deposit.

 

**Max Checking Disclosure

The interest rate of 2.70% APY is paid on balances up to $25,000. Balances over $25,000 earn 0.25% APY.  Your interest rate and  APY may change at our discretion. Qualifying requirements must be met during each monthly statement cycle to earn the APY including: 12 Debit Card purchases, e-Statements, Direct Deposit or one ACH transaction per statement cycle. All foreign ATM Fees and ATM Surcharges up to $25 per statement cycle will be refunded when qualifying requirements are met.  If any qualifying requirements are not met, the account will earn a nominal rate of 0.05% APY on the entire balance and the ATM fees will not be refunded.

 

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