Hudson – BauerFinancial, the nation’s premier bank rating firm, has recently announced that Avidia Bank has secured a five-star rating. This is the highest rating they bestow upon a financial institution.
“Because community banks put their focus on local people and small businesses, they are perfectly positioned to provide the specialized support that is unique to their area,” said Karen L. Dorway, president of BauerFinancial. “Community banks, like Avidia Bank, promote local growth by investing back into the same neighborhoods that their deposits come from. By fostering these local relationships, they achieve two goals: they are highly capitalized and they are accountable to their customers.”
“We are very proud of this recognition, a sentiment which is shared by the entire organization,” said Mark O’Connell, president and CEO of Avidia Bank. “This rating is only made possible when every Avidia employee works as a team with the goal of being one of the best banks and delivering top tier products and service.”
Avidia Bank is a $1.5 billion bank, headquartered in Hudson, MA with branches in Hudson, Westborough, Clinton, Leominster, Marlborough, Northborough, Framingham and Shrewsbury. Visit avidiabank.com and follow them on social media.