09/15/2026 | Press release | Distributed by Public on 09/15/2026 10:49
The Downtown Providence branch follows the opening of Centreville Bank's Olneyville location earlier this year, representing a significant expansion of the Bank's presence in Providence.
"Opening two branches in one city in a single year is a significant milestone for our organization and reflects our confidence in Providence, its businesses, and its future," said Hal Horvat, President, CEO, and Chairman of the Board of Centreville Bank. "As a Rhode Island mutual bank, we're focused on being where our customers need us most. By expanding our presence in Providence and offering convenient services, including Saturday banking hours, we're making it easier for individuals, families, and businesses to access the personalized financial guidance and support they deserve."
The ribbon-cutting ceremony brought together local leaders, customers, community partners, and Centreville Bank employees to celebrate the opening and the Bank's growing presence in Providence. Rhode Island General Treasurer James Diossa and Providence Mayor Brett Smiley welcomed Centreville Bank to downtown Providence and highlighted the importance of continued investment in the city.
"Centreville Bank's continued investment in Providence and the opening of its newest branch demonstrate strong confidence in our city and our Downtown," said Mayor Brett P. Smiley. "We are proud to welcome this new location and grateful for Centreville's continued commitment to supporting Providence and our city's economic growth."
"Investments like this new location are also an investment in Providence and its continued growth," said Rhode Island General Treasurer James A. Diossa. "A strong downtown depends on businesses and organizations willing to put down roots, create opportunities, and serve the people who live and work here. We're pleased to see Centreville Bank continuing to invest in Providence and contribute to the city's ongoing success."
During the ceremony, Centreville Bank's Senior Vice President of Community Development, Paola Fernandez, announced $5,000 in community grants to two Providence-based organizations, Better Lives RI and Social Enterprise Greenhouse, underscoring the Bank's commitment to strengthening communities through meaningful local partnerships. The organizations join hundreds of nonprofits supported by Centreville Bank and the Centreville Bank Charitable Foundation throughout Rhode Island and eastern Connecticut.
"Centreville Bank understands that strong communities are built through partnership," said Paula Hudson, Executive Director of Better Lives RI. "This support will help us continue providing critical services to individuals and families facing food insecurity, housing instability, and other challenges. We're grateful to have a community partner that shares our commitment to helping people move forward with dignity and hope."
"We're proud to celebrate this investment in downtown Providence and grateful for Centreville Bank's longstanding support of Rhode Island's nonprofit and entrepreneurial communities," said Julie Owens, Executive Director of Social Enterprise Greenhouse. "Partnerships like this help create opportunities for mission-driven businesses and organizations that are working every day to strengthen our local economy and improve lives."
Jose Suriel, Branch Manager of the Downtown Providence location, said the new location reflects Centreville Bank's commitment to meeting customers where they live, work, and do business. "We're excited to welcome customers into a branch designed around convenience, accessibility, and relationship-based banking. Being in the heart of downtown Providence, combined with our Saturday hours, allows us to better serve the needs of this community."
Located in one of Providence's most active business districts, the branch provides a full range of personal and business banking services while expanding access to Centreville Bank's relationship-focused approach to banking. Through expanded banking access, community partnerships, and philanthropic support, Centreville Bank remains committed to helping individuals, families, businesses, and neighborhoods thrive throughout Providence and beyond.
About Centreville Bank
Founded in 1828 and headquartered in West Warwick, Rhode Island, Centreville Bank is a full-service mutual bank with over $3.0 billion in assets and 26 locations throughout Rhode Island and eastern Connecticut. Centreville understands the unique financial needs of individuals, families and businesses and offers a wide range of personal banking and commercial banking products and services including checking accounts, savings accounts, CDs, money market accounts, mortgages, business loans and more. Centreville is committed to its employees and the communities it serves, always striving to help people make progress and achieve their financial goals. That is progress on purpose. Visit centrevillebank.com , follow us on Facebook , LinkedIn and Instagram , or come into a branch or office to learn more.