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November 3, 2012 - Grand Opening of Centreville's new eco-friendly branch in Narragansett

Narragansett, RI –Centreville Bank officially opened its new eco-friendly Narragansett Branch on Saturday, November 3rd at a ceremony attended by over 120 people that included community leaders, bank trustees and members of the public. Centreville’s new Narragansett Branch is located at 1115 Boston Neck Road, next to the CVS Pharmacy.

In remarks before the official ribbon cutting, Centreville Bank President and CEO Raymond J. Bolster II told the audience that he gets to make many decisions as the bank’s chief executive, some harder to make than others. “I can tell you that the decision to build a LEED certified, eco-friendly branch here in Narragansett was one of the easiest and most enjoyable decisions I’ve had the pleasure of making,” said Bolster. 

LEED stands for Leadership in Environmental and Energy Design and encompasses a number of building products and construction techniques that enable a building to be rated as LEED Certified. Key eco-friendly aspects of the new branch include minimizing environmental impact and maximizing open space during construction, installing energy efficient components, ensuring water efficiency and indoor environmental quality, using materials that come from renewable sources and applying innovation in design.

In his remarks, Bolster highlighted Centreville Bank’s longstanding support for the communities it serves. “During the difficult economic times over the past few years, Centreville Bank has stepped up its charitable giving because we know things are harder financially for the people and institutions who have traditionally supported local charities,” said Bolster. “Centreville Bank will continue to be generous financially but our new branch in Narragansett has given us our first significant opportunity to do something important for the environment.”

In advance of its official opening, Centreville Bank launched a denim collection drive, partnering with the Cotton. From Blue to Green™ program which has recycled over 850,000 pieces of denim, diverting approximately 533 tons of denim from landfills, and creating over 1.7 million square feet of insulation, much of which has been donated to Habitat for Humanity chapters around the country.  The South County Chapter of Habitat for Humanity has recently committed to building only LEED certified homes. Lou Raymond, Executive Director of the South County Chapter, was on hand for Saturday’s ribbon cutting and applauded Centreville Bank for its commitment to the environment. The ribbon cut at the November 3rd ceremony was a special denim ribbon that will become part of the recycling campaign.  Centreville Bank is expected to receive the official LEED certification in the next few months after an extensive review process.

Centreville Bank was established in 1828 and operates seven branches throughout Rhode Island.  In addition to its newest branch in Narragansett, Centreville Bank operates branches in Coventry, Cranston, East Greenwich, West Greenwich, West Warwick and Wickford.
 

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