WEBK - Wellesley Bancorp, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Wellesley Bancorp, Inc.

100 Worcester Street
Suite 300
Wellesley, MA 02481
United States
781-235-2550
http://www.wellesleybank.com

Sector : Financial Services
Industry : Banks - Regional - US
Full Time Employees : 74

Key Executives

Name Title Pay Exercised Year Born
Mr. Thomas J. Fontaine Chairman, Pres & CEO 626.39k N/A 1964
Mr. Ralph L. Letner Exec. VP, Chief Banking Officer & Chief Lending Officer of Wellesley Bank 345.85k N/A 1960
Mr. Louis Pyle Crosier Pres of Wellesley Investment Partners, LLC. 350.92k N/A 1967
Mr. Michael W. Dvorak CFO, COO, Treasurer & Corp. Sec. N/A N/A 1961
Mr. Brian J. Lynch Sr. VP & Residential Lender N/A N/A N/A
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Wellesley Bancorp, Inc. operates as the bank holding company for Wellesley Bank that provides various financial services to individuals, non-profit organizations, small businesses, and other entities in eastern Massachusetts. Its deposit products include noninterest-bearing demand deposits, such as checking accounts; interest-bearing demand accounts comprising negotiable order of withdrawal and money market accounts; savings accounts; and certificates of deposit. The company also offers residential mortgage loans, commercial real estate loans, and construction loans, as well as home equity lines of credit; other consumer loans that consist of fixed-rate second mortgage loans, automobile loans, loans secured by passbook or certificate accounts, and overdraft loans; and commercial business loans, such as term loans, revolving lines of credit, and equipment loans. In addition, it provides investment advisory services and remote capture products; and engages in buying, selling, and holding securities. As of December 31, 2018, Wellesley Bancorp, Inc. operated through executive offices and five full service branch offices located in Wellesley, Newton, and Boston; limited- hour branch service office in Needham, Massachusetts; and wealth management offices located in Wellesley. The company was founded in 1911 and is headquartered in Wellesley, Massachusetts.

Corporate Governance

Wellesley Bancorp, Inc.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS) . Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.