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Wellesley Bancorp Inc
100 Worcester Street
Suite 300
Phone: (781) 235-2550p:781 235-2550 Wellesley, MA  02481-3627  United States

This company was Merged or Acquired on 6/1/2020.
This company ceased filing statements with the SEC on 6/9/2020.
This company is no longer actively traded on any major stock exchange.
This is a Subsidiary, click here for the Parent Company

Business Summary
Wellesley Bancorp, Inc. is the holding company for Wellesley Bank (the Bank). The Bank operates as a community-oriented financial institution offering traditional financial services to consumers and businesses. It attracts deposits from the general public and uses those funds to originate 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. It offers a range of deposits, which include noninterest-bearing demand deposits, such as checking accounts; interest-bearing demand accounts, such as such as negotiable order of withdrawal (NOW) and money market accounts; savings accounts, and certificates of deposit. In addition, it also provides investment management services for high net worth individuals, families, businesses, private partnerships, nonprofit organizations, foundations and trusts through its subsidiary, Wellesley Investment Partners, LLC.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
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Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
3/31/202012/31/2019YesYes---

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chairman of the Board, President, Chief Executive Officer Thomas J.Fontaine 51 11/1/2009 1/1/2006
Chief Financial Officer Michael W.Dvorak 56 7/1/2016 7/1/2016
Senior Vice President and Chief Lending Officer of Wellesley Bank Ralph L.Letner 56 5/1/2014 5/1/2014
5 additional Officers and Directors records available in full report.

Business Names
Business Name
Central Linden LLC
WEBK
Wellesley Bank
Wellesley Investment Partners, LLC
Wellesley Securities Corporation

General Information
Number of Employees: 74 (As of 12/31/2019)
Outstanding Shares: 2,625,899 (As of 4/30/2020)
Shareholders: 261
Stock Exchange: NASD
Federal Tax Id: 453219901


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Monday, January 1, 2024