Avidia Bank

Massachusetts – Middlesex – Hudson

(SB) Savings banks, state charter

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Details

(SB) Savings banks, state charter

active

90215

1869

FDIC Certificate Number: 90215
FDIC's unique number: 17806
The FDIC Field Office where an institution is physically located: North Boston

Federal Reserve ID Number: 619701
Report Date: 2011-06-30

Bank Charter Class: SB

Number of Domestic Offices: 10
Number of Foreign Offices: 0
The date of the last data update: 2010-01-04

1869-02-26 Institution established but was not FDIC insured. Original name: Hudson Savings Bank.
1985-11-27 Became FDIC insured.
1992-12-29 Changed trust powers from Trust Powers Not Granted to Full Trust Powers Granted.
1993-03-11 Changed trust powers from Full Trust Powers Granted to Trust Powers Terminated.
1997-11-01 Reorganized.
1997-11-01 Changed organization type to Stock Savings Bank.
2007-08-24 Acquired Westborough Savings Bank in Westborough, Massachusetts.
2007-08-24 Changed name to Avidia Bank .

Total assets: $1,010,992,000
Total deposits: $780,779,000
Deposits held in domestic offices: $780,779,000
Equity capital: $79,749,000

Net income: $1,543,000

Return on Assets: 0.31
Return on Equity: 3.95
Last updated on: 2011-10-20

Bank Holding Company: Assabet Valley Bancorp

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Profile ID: LFUS-BAB-P-1276

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