FDIC-Insured – Backed by the full faith and credit of the U.S. GovernmentConsumer Loan Rates
Effective 9/20/2024
Auto Loans
| Model Year | Maximum Loan to Value* (LTV) | APR** | Maximum Term (Months) | Monthly Payment per $1,000 |
|---|---|---|---|---|
| 2024-2021 | 100% | 7.00% | 60 | $19.80 |
| 2020-2018 | 90% | 7.50% | 60 | $20.04 |
| 2017-2016 | 90% | 8.50% | 60 | $20.52 |
| 2015 & older | 80% | 9.00% | 48 | $24.89 |
| Motorcycles: Add 3.00% to the rates above. |
*Loan to value is based on the NADA retail value or purchase price (whichever is less).
**Annual Percentage Rate (APR) reflects 0.50% discount for automatic payment from an Avidia Bank checking account. An additional 0.25% discount may apply for Bank At Work account customers. The actual APR available to you will be based on your credit history and payment method. Other rates, terms or conditions may apply.
All Auto loans are subject to a $20 Vendors Single Interest insurance fee. The VSI fee insures the vehicle against physical damage in the event that insurance coverage is cancelled or lapses.
An Insurance Binder naming Avidia Bank as “loss payee” is required on all auto loans prior to or at closing.
All loan requests are subject to credit approval.
Personal/Unsecured Loans
| APR** | Maximum Term (Months) | Monthly Payment per $1,000 |
|---|---|---|
| 11.75% | 36 | $32.62 |
**Annual Percentage Rate (APR) reflects 0.50% discount for automatic payment from an Avidia Bank checking account. The actual APR available to you will be based on your credit history and payment method. Other rates, terms or conditions may apply.
All loan requests are subject to credit approval.
Collateral Loans
| Type of Loan | APR** | Term*** |
|---|---|---|
| Savings and Certificate Secured (Non-IRAs) | 4.00% above the current interest rate on the deposit account securing the loan | See the note below |
**Annual Percentage Rate (APR) reflects 0.50% discount for automatic payment from an Avidia Bank checking account. The actual APR available to you will be based on your credit history and payment method. Other rates, terms or conditions may apply.
***The maturity date of a collateral loan secured by a certificate of deposit account may not exceed the maturity date of the certificate of deposit account.
All loan requests are subject to credit approval.
Overdraft Lines of Credit
| APR** | Term |
|---|---|
| WSJ Prime plus 8.00%; variable (Currently 16.00%) | Revolving |
**Annual Percentage Rate (APR) reflects 0.50% discount for automatic payment from an Avidia Bank checking account. The actual APR available to you will be based on your credit history and payment method. Other rates, terms or conditions may apply.
All rates and terms are subject to change without notice.
Overdraft lines of credit have a maximum rate of 18%. The rate is variable and is subject to increase after consummation. The rate adjusts monthly to the Wall Street Journal Prime Rate plus a margin of 8.00%. The Wall Street Prime Rate is currently 8.00% as of 09/20/2024.
All loan requests are subject to credit approval.