Our History

In 1828, just 38 years after Rhode Island became a state, Centreville Bank, originally known as the Bank of Centreville, was founded in West Warwick by local business, civic leader, and textile manufacturer John Greene, along with surgeon Sylvester Knight. Following the Civil War, the bank was granted a national charter, becoming Centreville National Bank.
 
When the National Bank Act became law in 1861, Centreville’s leaders were granted a National Bank Charter. By 1865, the bank officially became Centreville National Bank. Centreville Savings Bank was incorporated in 1888, expanding the range of services offered beyond what a U.S. National Bank could provide. Working alongside Centreville National Bank, the new Savings Bank helped individuals save money for homes and retirement.
 
In 1901, after 73 years at its original location, Centreville National Bank and Centreville Savings Bank relocated to a new building on Main Street, West Warwick, in Arctic Village. The bank celebrated its centennial in 1928 with the opening of a new headquarters at 1218 Main Street, where it still stands today.
 
In 1960, after 132 years in business, Centreville Bank opened its first branch office on Tiogue Avenue in Coventry.
 
In 1993, Centreville National Bank and Centreville Savings Bank officially merged to become one entity, now known as Centreville Bank.
 
In 2008, The Centreville Bank Charitable Foundation was established, formalizing the bank’s investment in the communities it serves. Since its creation, the foundation has donated more than $10 million in grants, sponsorships, and college scholarships to local organizations in Rhode Island and Eastern Connecticut. In 2024, employees set a record for volunteerism, contributing a total of 6,358 service hours, the highest in the bank's history.
 
In 2017, Centreville opened a new Loan Center and Welcome Center at its West Warwick headquarters. Later that same year, the bank introduced the Universal Banker Business Model.
 
In 2018, Centreville began rolling out Interactive Teller Machines (ITMs), the next generation of ATMs that allow customers to communicate with bankers via video chat.
 
Between 2019 and 2020, Centreville Bank expanded its footprint in Rhode Island, opening a Loan Production Office in the heart of Providence and new branches in Warwick and Rolfe Square, Cranston. The bank also expanded into Eastern Connecticut with the acquisition of Putnam Bank, adding eight Connecticut branches to its network.
 
From 2022 to 2024, Centreville Bank was consecutively named the top SBA 504 third-party lender in Rhode Island by the U.S. Small Business Administration (SBA). In fiscal year 2024, Centreville Bank tied for first place, originating 13 SBA 504 loans with a total volume of $5.5 million.
 
Centreville Bank continues to be recognized locally and nationally for its workplace culture. In 2024, Centreville Bank was named one of American Banker's Best Banks to Work For, Providence Business News' 2024 Best Places to Work, the Hartford Courant's 2024 Top Workplaces and one of America's Best Workplaces 2025 presented by Best Companies Group.
 
In February 2025, Centreville Bank opened its newest branch in Pawtucket, bringing the total to 22 locations across Rhode Island and Connecticut. Centreville plans to continue growing its footprint with the goal of opening 4 additional branches in Rhode Island in 2025.
 
Centreville Bank operates on a foundation of conservative banking principles while evolving to meet the changing needs of its customers. Our commitment to helping our customers achieve their financial goals and strengthen their financial literacy remains unwavering and future focused.