During Christmas week the top one year CD rate in Rhode Island belongs to Centreville Bank.  Centreville Bank has a promotional odd term CD that is the highest in the one year CD term category.  The interest rate earned on the 11 month CD is 3.25% APY.  Centreville Bank has another odd month CD with a term of 14 months and an interest rate of 3.50% APY.

Centreville Bank’s main office is located in West Warwick, Rhode Island.  The bank has five additional bank branch locations in the surrounding area.  Centreville Bank has been in business since 1828 and has assets of $838,198,799.00.  The bank offer products and services to both businesses and consumers.  Products offered include money market accounts, mortgages, free checking accounts, online banking, retirement accounts, personal loans, business checking accounts, merchant services and more.

Additional CDs offered by the bank include;

A 3 month CD with an interest rate of 2.25% APY.
A 6 month CD with an interest rate of 2.30% APY.
A 9 month CD with an interest rate of 2.40% APY.

A one year CD with an interest rate of 3.00% APY.
A two year CD that also earns an interest rate of 3.00% APY.
A three year CD that yields 3.25% APY.
A four year CD that also yields 3.25% APY.
And a five year CD with an interest rate of 4.00% APY.

Centreville Bank CDs provide guaranteed returns at fixed rates for savers who don’t need immediate access and who desire higher returns.  CD terms can be as short as 91 days and as long as 5 years.  Interest earned can be mailed to you monthly or transferred to another Centreville Bank account.  All listed CDs require a minimum deposit of $1,000.00.  Rates subject to change, for current rate information or additional conditions call a local bank representative at 401-821-9100.  Information on the savings products and the current rates are posted on the bank website, the bank web address is www.centrevillebank.com.

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