FDIC-Insured—Backed by the full faith and credit of the U.S. Government
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Gather Documents
Have your business documents and ID ready before you apply.
Business Advantage Savings
Competitive rates, full liquidity and a low minimum balance to get started.
Business Savings
Build your savings from day one
Saving is smart practice for every business, especially when you’re just starting out and making every dollar count. You also need that money within reach in case of an emergency. Business Advantage Savings gives you the flexibility to grow, with a low minimum balance requirement and overdraft coverage so you can save the way you want. And with 25+ locations across Rhode Island and eastern Connecticut, a local team is always close by when questions come up.
Account Features
- The ease of combined statements
- Coordination with your Centreville Bank business checking account by utilizing a savings overdraft sweep. When necessary, transfer from your statement account to your checking account to help guard against overdrafts.1
- Reimbursement of the first five $1.25 Centreville Bank ATM service fees per statement cycle when using non-Centreville Bank owned ATMs.
Fees & Minimums
- $100 minimum to open
- $100 minimum daily balance to earn interest
- Avoid a $5.00 monthly maintenance fee by maintaining a minimum daily balance of $100 or if your organization is a non-profit.
Getting Started
Open in Three Steps
Opening a Business Advantage Savings account is easy.
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Connect With Us
Visit a branch or contact our team to open your account.
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Start Saving
Make your opening deposit and start growing your savings.
Common Questions
Business Advantage Savings FAQs
Quick answers about this account’s features and fees.
Businesses that want a flexible savings account with a low minimum balance and easy access to funds in case of an emergency.
Open the account with $100 and earn interest by maintaining a $100 minimum daily balance.
Avoid a $5.00 monthly maintenance fee by maintaining a minimum daily balance of $100 or if your organization is a non-profit.
A savings overdraft sweep links this account to your Centreville Bank business checking account, automatically transferring funds when needed to help protect against overdrafts. Overdraft Protection Transfer Fees apply1
Online & Mobile
Business Online Banking
Your business is 24/7 and so is your business banking.
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Disclosure:
1 Savings Overdraft Sweep is subject to eligibility, available funds, transfer limits, and applicable fees. Sweep transfers may not prevent all overdrafts. Please refer to the Business Account Fee Schedule and applicable account agreement.