Centreville Bank is headquartered in West Warwick and is the 5th largest bank in the state of Rhode Island. It is also the 643rd largest bank in the nation. It was established in 1888 and as of September of 2019, it had grown to 136 employees at 7 locations. Centreville Bank has an A health rating.
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Great local bank
I would highly recommend this bank. I have been coming to the branch in west Warwick pretty much my whole life. The service is excellent and its almost like cheers, where everyone knows your name. The building has a lot of character as well as it is a pretty old building in my branch. Only way I would change banks is if this one went out of business.
Centerville Bank is a great local business
This place has been around a long time, but I believe only in Rhode island. I have been with them since 1990 and have always had a pleasurable experience. When they rolled out the mobile banking it had some glitches that have since been fixed. Very happy to bank and support local.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 17764 |
| Year Established | 1888 |
| Employees | 136 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.86% |
| Return on Equity - YTD | 7.97% |
| Annual Interest Income | $32.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $1.26B$1.23B |
| Loans | Q3 2019vs Q3 2018 | $719.6MM$670.0MM |
| Deposits | Q3 2019vs Q3 2018 | $919.6MM$919.4MM |
| Equity Capital | Q3 2019vs Q3 2018 | $301.6MM$279.5MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $6.0MM$5.4MM |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $1.1MM$901.00K |
| Real Estate Owned | Q3 2019vs Q3 2018 | $0$0 |
Rates for Centreville Bank are currently being reviewed.
| Centreville Bank Locations | ||
|---|---|---|
| Narragansett Branch | 1115 Boston Neck Road | Narragansett, RI 02882 |
| Centreville Savings Bank | 1218 Main Street | West Warwick, RI 02893 |
| Cranston Branch | 193 Comstock Parkway | Cranston, RI 02921 |
| North Kingstown Branch | 234 West Main Street | North Kingstown, RI 02852 |
| East Greenwich Branch | 495 Main Street | East Greenwich, RI 02818 |
| Coventry Branch | 777 Tiogue Avenue | Coventry, RI 02816 |
| West Greenwich Branch | 834 Victory Highway | West Greenwich, RI 02817 |