Personal Loans

Personal Loans and Lines of Credit from Avidia Bank offer different loan options for different situations.

Personal Loans

Are offered for various purposes such a debt consolidation, vacation financing, car repairs and more. Once the loan is closed, a lump sum of money is received and a payment plan is then set for the consecutive number of months to pay off the loan. Receive a .50% discount on your personal loan for using automatic payment from an Avidia Bank checking account. The maximum term offered on a personal loan is 60 months.

Collateral Loans

An Avidia Bank savings account or non-IRA Certificate of Deposit (CD) can be used as collateral. As with personal loans, a set monthly payment plan is in place, but cannot exceed the term of a CD if the collateral is in a CD. Money used as collateral cannot be withdrawn until the loan is paid off.

Overdraft line of credit

A credit line that is attached to an Avidia Bank checking account. Funds are available to the borrower anytime by withdrawing money from the checking account via check or debit card. This also offers an alternative to overdrawing an account accidentally and paying an overdraft fee.

Use the convenience of Automatic Payment!

With Automatic Payment, you can have your personal loan & line payments made from your Avidia Bank account automatically when they are due. Automatic payment is free-all you have to do is sign up.

  • Payments are made automatically, so you won't worry about missing a payment or incurring late fees.

  • Your payments get made even when you are out of town or on vacation.

CHECK OUR CURRENT CONSUMER LOAN RATES

APPLY FOR A PERSONAL LOAN

You will be able to choose which type of personal loan you are applying for within the application.