Which savings account is right for me?

The right account depends on your savings goals, desired account features, and minimum balance preferences. Personal Savings offers basic savings features, Personal Plus Savings includes tiered interest rates, Personal Premium Money Market provides check-writing access and daily compounding interest, and CDs offer fixed rates for set terms. Our banking team can help you compare.

What is the minimum balance to open?

$25 for Personal Savings, $1,000 for Personal Plus Savings and CDs and $10,000 for the Personal Premium Money Market.

Do these accounts earn interest?

Yes. Many of our savings accounts earn interest. Personal Savings and Personal Plus Savings are interest-bearing accounts, Personal Premium Money Market earns daily compounding interest, and CDs earn a fixed rate for the selected term. Minimum balance requirements and account terms apply.

How do I open a savings account?

Visit a Centreville Bank branch or contact our banking team to discuss your options and open the account that best fits your needs.

Savings for a Stronger Future

Smart savings solutions to help you meet your short- and long-term goals.

Open an Account

Personal Banking

Choose the savings account that's right for you

Whether you're building an emergency fund, saving for a future purchase, or planning for long-term financial goals, Centreville Bank offers a variety of savings options to fit your needs. From basic savings accounts to money market accounts, CDs, and retirement savings solutions, our accounts are designed to help you save with confidence while providing convenient access to your money and digital banking tools, with a local team across Rhode Island and eastern Connecticut whenever you need us.

Compare Accounts

Which savings account is right for you?

Four account options designed to help you save for different goals, timelines, and balance levels. Compare features and choose the account that best fits your needs.

Our basic savings with great standard features.

Interest-bearing account
$25 minimum balance to open
Online Banking and Mobile Banking App

Explore Account

Savings with benefits based on your account balances.

Tiered interest rate
Higher balances may earn higher rates
$1,000 minimum balance to open

Explore Account

A money market account with interest-earning features and convenient access to your funds.

Daily compounding interest
Check-writing ability
$10,000 minimum opening deposit

Explore Account

Choose a term and earn a fixed rate for the life of the CD.

Fixed rate for the selected term
Short- and long-term options available
$1,000 minimum opening deposit

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Planning for Retirement

Save for Retirement with an IRA

Individual Retirement Accounts (IRAs) can help you save for retirement with tax advantages available under applicable law. Compare Traditional and Roth IRA options to determine which may be right for your financial goals.

Explore IRAs