Wellesley Bancorp Inc (NASDAQ:WEBK)

18.99
Data as of Dec 19
 +0.1027 / +0.54%
Today’s Change
17.52
Today|||52-Week Range
20.00
-2.86%
Year-to-Date
SECTOR
Finance
INDUSTRY
Regional Banks
MARKET CAP
$46.6M

Company Description

Wellesley Bancorp, Inc. operates as a holding company. The company, through its subsidiary, Wellesley Bank offers personal and business banking services. It provides a variety of financial services to individuals and small businesses in Wellesley, Massachusetts and surrounding communities. The company's primary deposit products are checking, savings and term certificate accounts and its primary lending products are residential and commercial real estate loans, commercial loans and consumer loans. It attracts deposits from the general public and use those funds to originate primarily residential mortgage loans, commercial real estate loans and construction loans, and, to a lesser extent, commercial business loans, home equity lines of credit and other consumer loans. The company conducts its lending and deposit activities primarily with individuals and small businesses in its primary market area. In addition, the company also provides investment management services for high net worth individuals, not-for-profit entities and businesses through its wholly-owned subsidiary, Wellesley Investment Partners LLC. The company was founded in September 2011 and is headquartered in Wellesley, MA.

Contact Information

Wellesley Bancorp, Inc.
47 Church Street
Wellesley Massachusetts 02482
P:(781) 235-2550
Investor Relations:
(781) 489-7622

Employees

Shareholders

Individual stakeholders20.75%
Mutual fund holders--
Other institutional--

Top Executives

Thomas J. FontaineChairman, President, CEO & Chief Lending Officer
Gary P. CulyerCFO, Treasurer & Head-Investor Relations
Eloise C. ThibaultSecretary

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