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For the business cash that is not needed to keep your day-to-day operations running, Centreville Bank can provide a tiered savings account to ensure your hard earned money is working for you until it’s needed.

Business Elite Savings

  Min to Open Interest Rate APY*

Tier 1: $2,500.00 - $24,999.99

$2,500

  .15%

  .15%

Tier 2: $25,000.00 - $74,999.99

$2,500

  .20%

  .20%

Tier 3: $75,000.00 or greater

$2,500

  .30%

  .30%

 


  • $2,500 minimum to open
  • Must maintain a minimum daily balance of $2,500 to earn disclosed APY
  • Eligible for combined statements
  • Tiered account
  • $8.00 monthly maintenance fee if account falls below minimum balance
  • Savings Overdraft Sweep1 - transfers from your statement account to your Centreville Bank Business checking account to help guard against overdrafts
  • Waive the first five ATM service fees at ATM’s not owned by Centreville Bank

1Transfer fees apply. Please refer to our separate Business Account Fee Schedule.

Ready to open a Business Elite Savings account? Visit a branch or call us at 401-821-9100 during regular business hours.

 *APY: Annual Percentage Yield. Rates are subject to change without notice. Some account restrictions and additional fees may apply. Please refer to our separate fee schedule.

Federal regulation and our deposit agreement limit the number of withdrawals and/or transfers that may be made from a savings account by telephone/PC transfer, preauthorized transfer, or debit card. You are limited to six withdrawals and/or transfers from your savings account each monthly statement cycle by preauthorized transfer, or telephone/PC transfer (including bill payment). Excessive transfer fees and/or account restrictions may apply.

Rates Effective July 1, 2019