FDIC-Insured—Backed by the full faith and credit of the U.S. Government
1
Compare Options
Review our accounts to find the right fit for your organization.
Commercial Checking
Checking built for established companies and organizations with more demanding operations.
Commercial Banking
Checking that works as hard as you
Your checking account plays an important role in your organization's day-to-day financial management. Centreville Bank offers a range of business checking accounts designed to meet the needs of businesses, nonprofit organizations, and other commercial customers across various industries. Whether you have a lower or higher transaction volume, there is an account option to help support your banking needs. All business checking accounts include convenient services such as Business Online Banking with Bill Pay, Mobile Banking, eStatements, and a Business Debit Card. With 25+ locations throughout Rhode Island and eastern Connecticut, our commercial banking team is available to provide local support and guidance.
Account Options
- Business Enterprise Checking - a no-frills, easy to manage checking account for organizations with steady, lower-volume activity
- Business Advantage Checking – Designed to support established businesses with higher transaction volumes and continued growth.
- Business Elite Checking - unlimited transactions and an earnings credit for high-volume, complex organizations
Fees & Minimums
- Business Enterprise Checking: $50 minimum to open, $5 monthly maintenance fee, $0.30 fee for each transaction in excess of 200, some account restrictions and additional fees may apply 1,4
- Business Advantage Checking: $50 minimum to open, $10 monthly maintenance fee, $0.30 fee for each transaction in excess of 500, some account restrictions and additional fees may apply 2,4
- Business Elite Checking: $100 minimum to open, $15 monthly maintenance fee can be reduced or offset by earning credit based on your balance 3,4
2
Connect With Us
Visit a branch or contact our commercial team to get started.
3
Start Banking
Make your opening deposit and manage your account from day one.
Common Questions
Business Checking FAQs
Answers to common questions about our commercial checking accounts.
It depends on the account. Business Enterprise Checking waives the $5 monthly maintenance fee with a $1,000 daily balance, and Business Advantage Checking waives the $10 monthly maintenance fee with a $2,500 daily balance or $20,000 in combined balances. Business Elite Checking uses an earnings credit that can reduce or offset the $15 monthly maintenance fee based on your balance. 1, 2, 3, 4
It depends on your activity and monthly transaction volume. Contact us and our commercial team will help you compare options and choose the best fit.
Visit any Centreville Bank branch or contact us to get started. We will walk you through what to bring.
Yes. There is a $5 paper statement fee.
Get Started
Open Your Account Today
Visit a branch or contact our commercial team to open your account.
Contact Us
Disclosure:
1 Business Enterprise Checking: $50 minimum deposit is required to open the account. A $5 monthly maintenance fee applies unless a current daily balance of $1,000 is maintained or the account owner is a qualified nonprofit organization with supporting documentation. A $0.30 fee applies to each transaction over 200 per statement cycle. Additional fees and restrictions may apply.
2 Business Advantage Checking: $50 minimum deposit is required to open the account. $0.30 fee for transaction that posts and clears in excess of 500. Avoid the $15 monthly maintenance fee if account maintains a current balance of $2,500 or more every day of the monthly statement cycle or a combined current loan and/or deposit balance of $20,000 or more in related accounts at the time of statement cycle. Related accounts may include savings accounts, CDs, checking accounts, or loan accounts. Accounts are "related" pursuant to the tax reporting entity of the Business Advantage Checking account.
3 Business Elite Checking: $100 minimum deposit is required to open the account. Offers you an earnings credit, which may reduce, offset or eliminate monthly maintenance and transaction fees, based on the minimum average daily balance in the account. Unlimited transactions.
4 A transaction includes checks paid, checks deposited, deposit tickets, ACH debits, ACH credits, ATM deposits and all Debit Mastercard® BusinessCard® purchases. Some account restrictions and additional fees may apply. Please refer to the Business Account Disclosures and Business Account Fee Schedule for specific product information.