Avidia Bank - Nationwide Branches

Branch AddressView 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
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Reviews on Avidia Bank

| 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 Once the penalty of all 5 years of interest was applied, the effective rate for that CD, withdrawn 2 years from inception, was roughly negative 5%.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."


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