Another Bank Wants to Open a Branch in Framingham

The Framingham Planning Board will hold a public hearing tonight at 6:30 to consider the application by Chalifoux Realty to construct a two-story bank branch on Route 30 near the intersection of Route 126.

Patch file photo
Patch file photo
With seven locations mainly in Central Massachusetts, Avidia Bank is petitioning the Framingham Planning Board for a special permit, to build its eighth branch on Route 30.

The Framingham Planning Board will hold a public hearing tonight at 6:30, in the Blumer Room at the Memorial Building, to consider the application by Chalifoux Realty to construct a two-story Avidia Bank branch at 222 & 236 Cochituate Road. 

Chalifoux Realty of Wellesley is requested special permits for the bank to have a drive-thru and a public way permit to develop the 24,000 square foot properties, on Route 30, near the intersection of Route 126.

A hair salon stood at one time on one of the two lots. The other is vacant.

In 2007, Avidia Bank was formed in 2007 when the Hudson Savings Bank and the Westborough Bank merged.

According to its website, Avidia Bank is a $1 billion mutual community bank headquartered in Hudson, with full-service branch offices in Hudson, Westborough, Clinton, Leominster, Marlborough, Northborough and Shrewsbury.  

The website states the bank serves the financial needs of businesses, families and individuals in Central Massachusetts and beyond, through its branch network and its extensive investment in technology

-M May 29, 2014 at 07:06 AM
All I can think is, "Another Bank?".
Paulo Simes May 29, 2014 at 11:57 AM
I say screw them Hudson guys we got our own community bank in Mutual One in that same exact area too. Bank turf war?
Edgar Roth May 29, 2014 at 12:12 PM
That spot has been an empty eyesore for a long time, would be nice to get a new building and some tax dollars for the town out of it!
Marlene Aron May 29, 2014 at 01:26 PM
This site was approved for a bank drive-thru several years ago for Eastern Bank. Eastern changed their plans. Avidia will be a great addition to Framingham. I love MutualOne for all they do for our community and have accounts there, but that is no reason not to welcome another community minded bank. Marlene Aron ( broker for the site )


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