Money Market Accounts
Learn more about the Avidia Premier Money Market and Avidia Premier Plus Money Market Accounts below.
Money Market Benefits
- The more money in your account, the more interest you earn
- Unlimited teller or ATM withdrawals and transfers
Avidia Premier Money Market Requirements
- A minimum initial deposit of $1,000
- An average daily balance of $2,500.00 to avoid the $8.00 monthly maintenance fee
- Opening an account online is only available to people who live in New England
Avidia Premier Plus Money Market Requirements
- A minimum initial deposit of $1,000
- An average daily balance of $25,000 to avoid the $25.00 monthly maintenance fee
- Opening an account online is only available to people who live in New England
Avidia Premier Money Market Account Rates (Effective 3/15/24)
| Monthly Maintenance Balance | Interest Rate | Annual Percentage Yield (APY) | Minimum Balance to Obtain APY* |
|---|---|---|---|
| $2,500 | 0.300% | 0.30% | $0 to $9,999.99 |
| $2,500 | 0.500% | 0.50% | $10,000 to $24,999.99 |
| $2,500 | 0.500% | 0.50% | $25,000 to $49,999.99 |
| $2,500 | 0.750% | 0.75% | $50,000 to $999,999.99 |
| $2,500 | 1.000% | 1.01% | $1,000,000+ |
*A maintenance fee of $8.00 will be imposed every statement cycle if the average balance in the account falls below $2,500 during the statement cycle.
Avidia Premier Plus Money Market Account Rates (Effective 3/15/24)
| Monthly Maintenance Balance | Interest Rate | Annual Percentage Yield (APY) | Minimum Balance to Obtain APY* |
|---|---|---|---|
| $25,000 | 0.750% | 0.75% | $0 to $4,999.99 |
| $25,000 | 0.750% | 0.75% | $5,000 to $24,999.99 |
| $25,000 | 0.750% | 0.75% | $25,000 to $49,999.99 |
| $25,000 | 0.950% | 0.95% | $50,000 to $999,999.99 |
| $25,000 | 1.500% | 1.51% | $1,000,000+ |
*Annual Percentage Yields (APYs) are subject to change without notice after account opening. The APY applies when the required minimum balance and interest is kept on deposit for one year. APY assumes interest earned in account compounds. APY is accurate as of 03/15/24. Fees on account could reduce earnings. If your balance falls below $25,000 at any point during your statement period, you will be charged a $25 monthly maintenance fee.
See what it’ll take to reach your savings goal.
Click here to find out how much you could save over time with a money market account.