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eChecking

eChecking Benefits

  • Debit card with Avidia Rewards
  • No ATM fees*
  • No maintenance fees
  • Interested paid on your collected balance (see rates below)

eChecking Requirements

  • You must open your account online
  • You must sign up for eStatements (electronic monthly statements)
  • Enroll in free Internet banking and sign in at least once a month
  • Make at least ten debit card purchases per statement cycle
  • Have at least one recurring ACH transaction per month such as direct deposit, automatic payment of a bill, etc.
  • Maintain a monthly collected balance greater than $0

Deposit Rates

Deposit Rates Effective
06/01/21
Minimum Opening Balance Interest Rate Annual Percentage Yield (APY)Daily Minimum Balance to Obtain APY*
$10.10% 0.05% - 0.10% $.01-$25,000
$10.05%
0.05%$25,000+

The interest rate of 0.15% APY is paid on balances up to $25,000. Balances over $25,000 earn 0.05% APY, if qualifying requirements are met. 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. If any qualifying requirements are not met, the account will earn a nominal rate of 0.05% APY on the entire balance. Fees could reduce earnings. Deposit rates are effective 06/01/2021 and are subject to change without notice.

Online account opening available to New England residents only.

Free Services with eChecking

Free Services with eChecking

Free Services with eChecking

Get cash back and earn rewards points virtually every time you use your Avidia debit card. If you have both a debit card and a credit card from Avidia, your rewards points will be combined and go into a single Avidia Rewards account for you to use. You can use your reward points for cash back, travel and merchandise.

Card Controls/Alerts

Card Controls/Alerts

Deposit money directly into your account(s) electronically. No trip to the bank and your money is available to you the day the funds are received. Direct deposit may also qualify you for some bank services that offer lower fees or that pay higher rates.

Opening an Account is as easy as 1, 2, 3!

Avidia Character sitting at a table holding a laptop

Online Banking FAQs

An “ACH transfer” is a fancy word for an electronic transfer. This can be anything from a scheduled transfer from one of your other bank accounts to a recurring debit payment made by your car insurance company. Typically any time you initiate a transaction electronically using your account number and bank routing number, this is considered an ACH (“Automated Clearing House”) transfer.

A wire transfer is another way of sending money electronically and is typically initiated through a financial institution. When initiating a wire transfer, you are asked to provide your account information, as well as, the recipient’s account information (account number, bank routing number, recipient’s address). Wire transfers allow people and businesses to send money in a quick fashion. Unlike other money transfer services that have lower limits, wire transfers allow large sums of money to be sent. A fee may be charged for wire transfers. Consult our current fee schedule for applicable fees.

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.

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.