Branch | Address | View Lobby Hours |
---|---|---|
Willows Branch | One Lyman Street, Westborough, MA 1581 | View Lobby Hours |
Northborough Branch | 53 West Main Street, Northborough, MA 1532 | View Lobby Hours |
Leominster Branch | 470 Lancaster Street, Leominster, MA 1453 | View Lobby Hours |
Avidia Bank | 42 Main Street, Hudson, MA 1749 | View Lobby Hours |
Marlborough Branch | 256 Maple Street, Marlborough, MA 1752 | View Lobby Hours |
Shrewsbury Branch | 23 Maple Avenue, Shrewsbury, MA 1545 | View Lobby Hours |
Hudson - Washington St Branch | 221 Washington Street, Hudson, MA 1749 | View Lobby Hours |
Clinton Branch | 1073 Main Street, Clinton, MA 1510 | View Lobby Hours |
Westborough Branch | 100 East Main Street, Westborough, MA 1581 | View Lobby Hours |
Framingham Branch | 270 Cochituate Road, Framingham, MA 1701 | View Lobby Hours |
Avidia Financial Center | 17 Pope Street, Hudson, MA 1749 | View Lobby Hours |
sur | Aug 16, 2019
Deceptive Sales Practices: Huge Penalties What an awakening! Without any clear statement, and nothing at all on its website, Avidia charged us 50% of the CD’s FULL TERM interest, including both paid and unpaid interest. We lost roughly 10% of the entire original deposit. Avidia's website doesn’t mention or discuss penalties at all. Looking more carefully at the CD certificate, we now see that carefully chosen trick words were used, without any warning or explanation, to enable this ripoff. The CD was for 5 years at 1.56%, not a good deal to begin with. Once the penalty of all 5 years of interest was applied, the effective rate for that CD, withdrawn 2 years from inception, was roughly negative 5%. Our preferred bank (obviously not Avidia) charges 50% of ONE year's interest as a penalty for early withdrawal of a CD. We had naively thought that was the norm, but obviously got snookered. The tricky words, appearing once on the actual certificate: "the term."
Lender | APR | Rate (%) | Monthly Payment |
Learn More |
---|---|---|---|---|
NMLS ID: 401822 |
6.818% |
6.625% 1.00 points $6,400 fees |
$2,049 | Learn More |
NMLS ID: 1025894 |
6.984% |
6.875% 0.88 points $3,545 fees |
$2,103 | Learn More |
NMLS ID: 3030 |
7.200% |
7.125% 0.75 points $2,400 fees |
$2,156 | Learn More |
NMLS ID: Not a Lender |
points fees |
Learn More |
Lender | APR (%)? | Monthly Payment? | Learn More |
---|---|---|---|
Third Federal Savings and Loan See Table |
Intro APR
7.490 %
After Intro: 7.490 % |
$0 |
Learn More
More Info |