Centreville Bank

Review, Rates and contact information

Centreville Bank

About

Established in 1828 as the Bank of Centreville, later becoming Centreville National Bank, Centreville Bank has played a vital role in Rhode Island’s financial landscape. Founded by local leaders John Greene and Sylvester Knight, the bank has undergone transformations and expansions over the years. In 1993, Centreville National Bank and Centreville Savings Bank merged to form Centreville Bank. Throughout its history, Centreville Bank has prioritized community engagement and charitable efforts. The Centreville Bank Charitable Foundation, established in 2008, has contributed over $1.5 million to local organizations by 2022. The bank has consistently adapted to technological advancements, introducing Interactive Teller Machines (ITMs) in 2018 and expanding its footprint in Rhode Island and Connecticut in 2019-2020 through branch openings and the acquisition of Putnam Bank. In 2022, Centreville Bank received recognition as the Small Business Association (SBA) 504 Lender of the Year for its $10 million in small business loans. Looking ahead to 2023, the bank plans to open four new branches in Middletown, Newport, and Smithfield, Rhode Island, bringing its total locations to over 20 in Rhode Island and Connecticut. The year 2023 marks the 195th anniversary of Centreville Bank, reflecting its enduring commitment to fair and conservative banking, customer-focused evolution, and community support.

3 contacts were found in LoanBase's database

Offered Loan Program Types

SBA, Permanent/Long Term

Property Types

Multi-Family, Retail, Office, Industrial

Loan Amount

$30K - $10M

Time to close

30-60 days

Primary Areas Served

RI MA

Max LTV

85%

Origination Fee

1.00%

Specialty

Mixed-use Medical Healthcare Real Estate Manufacturing Facilities Warehouse Transportation Townhome

recently closed deals

Loan date

Loan Amount

Property Subtype

Address

ZIP

8/17/2023
$206,780
Residential
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Loan date

8/17/2023

Loan Amount

$206,780

Property Subtype

Residential

Address

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To view all recent closed deals with full address

8/15/2023
$108,640
Residential
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Loan date

8/15/2023

Loan Amount

$108,640

Property Subtype

Residential

Address

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8/14/2023
$149,870
Residential
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Loan date

8/14/2023

Loan Amount

$149,870

Property Subtype

Residential

Address

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8/14/2023
$670,500
Residential
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Loan date

8/14/2023

Loan Amount

$670,500

Property Subtype

Residential

Address

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8/10/2023
$200,000
Condominium
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Loan date

8/10/2023

Loan Amount

$200,000

Property Subtype

Condominium

Address

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8/8/2023
$208,000
Residential
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Loan date

8/8/2023

Loan Amount

$208,000

Property Subtype

Residential

Address

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8/8/2023
$546,500
Single Family Residence
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Loan date

8/8/2023

Loan Amount

$546,500

Property Subtype

Single Family Residence

Address

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8/4/2023
$247,350
Residential
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Loan date

8/4/2023

Loan Amount

$247,350

Property Subtype

Residential

Address

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8/3/2023
$190,000
Condominium
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Loan date

8/3/2023

Loan Amount

$190,000

Property Subtype

Condominium

Address

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8/3/2023
$440,300
Single Family Residence
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Loan date

8/3/2023

Loan Amount

$440,300

Property Subtype

Single Family Residence

Address

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8/1/2023
$193,907
Residential
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Loan date

8/1/2023

Loan Amount

$193,907

Property Subtype

Residential

Address

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8/1/2023
$560,000
Residential
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Loan date

8/1/2023

Loan Amount

$560,000

Property Subtype

Residential

Address

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7/26/2191
$675,168
Industrial
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Loan date

7/26/2191

Loan Amount

$675,168

Property Subtype

Industrial

Address

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