Centreville Bank Announces $1.8 Million in Charitable Giving and Record-Breaking Volunteer Service Hours in 2024
Centreville Bank releases full details in Community Impact Report.
(West Warwick, RI-January 27, 2025) - Centreville Bank is proud to announce two significant achievements in its commitment to community impact: the Centreville Bank Charitable Foundation distributed $1.8 million in grants, sponsorships, and college scholarships in 2024, and Centreville Bank employees set a record for volunteerism, contributing a total of 6,358 service hours, the highest in the bank’s history.
These milestones reflect Centreville Bank’s dedication to addressing the unique and specific needs in the communities it serves with special attention to its three charitable priorities of education, economic security and capacity building. With 222 employees volunteering their time and skills, the bank strengthened its role as a trusted partner for local organizations, nonprofits, and residents.
“Our mission has always been rooted in supporting the communities we serve,” said Hal Horvat, President and CEO of Centreville Bank. “These milestones are a testament to our employees’ commitment to making a difference and to the work of our charitable foundation in addressing critical needs. Together, we are creating real, lasting impact.”
The Centreville Bank Charitable Foundation awarded funding to a variety of programs and initiatives in 2024, including:
• Educational programs and scholarships to help students achieve their academic goals.
• Nonprofits addressing food insecurity, housing, and financial literacy.
• Community development projects focused on economic growth and revitalization.
Centreville Bank employees donated more time and effort in 2024 than ever before, contributing 6,358 hours to a range of activities at more than three hundred different non-profits in Rhode Island and Connecticut such as:
• Hosting financial literacy workshops for underserved populations.
• Participating in community cleanups, food drives, and other volunteer initiatives.
• Offering professional expertise to nonprofit boards and committees.
Since its inception, the Centreville Bank Charitable Foundation has remained focused on its mission to improve quality of life and empower communities throughout Rhode Island and Northeast Connecticut.
For a closer look at Centreville Bank’s community efforts and achievements, explore the full 2024 Community Impact Report.
About The Centreville Bank Charitable Foundation
The Centreville Bank Charitable Foundation was established as a nonprofit, charitable organization in 2008 by the Board of Trustees to further the philanthropic mission of Centreville Bank. The Foundation strives to support local community-based organizations tackling the most significant challenges and helping to meet the needs of underserved populations throughout Connecticut and Rhode Island. Grants are considered on a quarterly basis focusing on the following priority areas: education success, economic security, and capacity building. For more information, please visit www.centrevillebank.com/Community.
About Centreville Bank
Founded in 1828 and headquartered in West Warwick, Rhode Island, Centreville Bank is a full-service mutual bank with over $2 billion in assets and 21 locations throughout Rhode Island and eastern Connecticut. Centreville understands the unique financial needs of individuals, families and businesses and offers a wide range of personal banking and commercial banking products and services including checking accounts, savings accounts, CDs, money market accounts, mortgages, business loans and more. Centreville is committed to its employees and the communities it serves, always striving to help people make progress and achieve their financial goals. That is progress on purpose. Visit centrevillebank.com, follow us on Facebook, LinkedIn and Instagram, or come into a branch or office to learn more.
These milestones reflect Centreville Bank’s dedication to addressing the unique and specific needs in the communities it serves with special attention to its three charitable priorities of education, economic security and capacity building. With 222 employees volunteering their time and skills, the bank strengthened its role as a trusted partner for local organizations, nonprofits, and residents.
“Our mission has always been rooted in supporting the communities we serve,” said Hal Horvat, President and CEO of Centreville Bank. “These milestones are a testament to our employees’ commitment to making a difference and to the work of our charitable foundation in addressing critical needs. Together, we are creating real, lasting impact.”
The Centreville Bank Charitable Foundation awarded funding to a variety of programs and initiatives in 2024, including:
• Educational programs and scholarships to help students achieve their academic goals.
• Nonprofits addressing food insecurity, housing, and financial literacy.
• Community development projects focused on economic growth and revitalization.
Centreville Bank employees donated more time and effort in 2024 than ever before, contributing 6,358 hours to a range of activities at more than three hundred different non-profits in Rhode Island and Connecticut such as:
• Hosting financial literacy workshops for underserved populations.
• Participating in community cleanups, food drives, and other volunteer initiatives.
• Offering professional expertise to nonprofit boards and committees.
Since its inception, the Centreville Bank Charitable Foundation has remained focused on its mission to improve quality of life and empower communities throughout Rhode Island and Northeast Connecticut.
For a closer look at Centreville Bank’s community efforts and achievements, explore the full 2024 Community Impact Report.
About The Centreville Bank Charitable Foundation
The Centreville Bank Charitable Foundation was established as a nonprofit, charitable organization in 2008 by the Board of Trustees to further the philanthropic mission of Centreville Bank. The Foundation strives to support local community-based organizations tackling the most significant challenges and helping to meet the needs of underserved populations throughout Connecticut and Rhode Island. Grants are considered on a quarterly basis focusing on the following priority areas: education success, economic security, and capacity building. For more information, please visit www.centrevillebank.com/Community.
About Centreville Bank
Founded in 1828 and headquartered in West Warwick, Rhode Island, Centreville Bank is a full-service mutual bank with over $2 billion in assets and 21 locations throughout Rhode Island and eastern Connecticut. Centreville understands the unique financial needs of individuals, families and businesses and offers a wide range of personal banking and commercial banking products and services including checking accounts, savings accounts, CDs, money market accounts, mortgages, business loans and more. Centreville is committed to its employees and the communities it serves, always striving to help people make progress and achieve their financial goals. That is progress on purpose. Visit centrevillebank.com, follow us on Facebook, LinkedIn and Instagram, or come into a branch or office to learn more.