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 Elite Savings
A tiered rate structure that rewards higher balances with greater earning potential.
Business Savings
Pick up the speed of your savings
You make strategic choices for your business every day, always looking for efficiency so your money works as hard as you do. Your business savings account should be no different. With Business Elite Savings, the more effectively you save, the more effectively your balance grows. A tiered interest rate structure lets you put your extra cash to work, backed by a local team across Rhode Island and eastern Connecticut whenever questions come up.
Account Features
- Tiered account
- Eligible for combined statements
- Savings Overdraft Sweep1 - may help cover overdrafts by transferring available funds from your Business Elite Savings account to an eligible Centreville Bank business checking account
- Centreville Bank waives its $1.25 non-Centreville Bank ATM service fee for the first five transactions per statement cycle. Other ATM owners may charge separate fees
Fees & Minimums
- $2,500 minimum to open
- Must maintain a minimum daily balance of $2,500 to earn interest
- $8.00 monthly maintenance fee if account falls below minimum balance
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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 Elite Savings FAQs
Quick answers about this account’s features and fees.
Businesses with larger balances looking to enhance their interest-earning potential through a tiered rate structure.
Earn interest by maintaining a minimum daily balance of $2,500 or more.
An $8.00 monthly maintenance fee applies if the account falls below the minimum balance.
Online & Mobile
Business Online Banking
Your business is 24/7 and so is your business banking.
Explore Online Banking
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.