Home Quick Links System Service Upgrade Upgrade Guide Personal Deposit Account Conversion Guide

Personal Deposit Account Conversion Guide

  • On Tuesday December 1, select Putnam Bank personal deposit accounts will be converted to Centreville Bank account types. The table below shows which accounts.
  • Once converted, your account name(s) will change (i.e within Online Banking, on statements, etc.) and you will be subject to the terms and conditions of the new account type(s). 
  • Details on all Centreville Bank personal deposit accounts are found on the following pages. Terms and conditions for the accounts have also been included with this mailing. Please review to understand the features and parameters of your new account type(s) prior to the Upgrade.

New account types have been selected that best match the features and benefits of your existing accounts. If you would prefer a different Checking or Savings account, simply contact a banker or visit your local branch following the System Service Upgrade, and we will be happy to help.

For Certificates of Deposit (CDs) there will be no change in rate, term or maturity date though your accounts will be subject to the terms and conditions outlined in the disclosures enclosed with this booklet.


  • Your account numbers will stay the same
  • Continue to use your existing checks


Account types not listed below, including business deposit accounts, remain unchanged.

Your Current Account Type    Your NEW Account Type
Student CheckingPersonal Checking
Start Fresh CheckingPersonal Checking
Classic Choice CheckingPersonal Checking
Premier Relationship CheckingPersonal Premium Checking
Statement SavingsPersonal Savings
Student Saver Personal Savings
Prestige Money Market Statement Savings Personal Premium Money Market
Ultimate Money MarketPersonal Premium Money Market
Passbook SavingsPassbook Savings
Prestige Money Market Passbook Savings Passbook Savings


Customers with passbook accounts will soon begin to receive updated passbooks when conducting in-branch transactions.


System Service Upgrade Guide