U.S. Markets close in 5 hrs 38 mins

Wellesley Bancorp, Inc. (WEBK)


NasdaqCM - NasdaqCM Delayed Price. Currency in USD
Add to watchlist
27.4650.00 (0.00%)
As of 12:13PM EDT. Market open.
People also watch
WBKCWAYNWVFCPBSKANCB

Wellesley Bancorp, Inc.

40 Central Street
Wellesley, MA 02482
United States
781-235-2550
http://www.wellesleybank.com

SectorFinancial
IndustryRegional - Northeast Banks
Full Time Employees70

Key Executives

NameTitlePayExercisedAge
Mr. Thomas J. FontaineChairman, CEO and Pres618.87kN/A53
Mr. Michael W. DvorakCFO, Treasurer, CFO of Wellesley Bank, Exec. VP of Wellesley Bank179.41kN/AN/A
Mr. Ralph L. LetnerChief Lending Officer, Chief Lending Officer of Wellesley Bank and Sr. VP of Wellesley Bank339.48kN/A57
Ms. Maureen E. SullivanVP of Mktg & HR and VP of Mktg & HR -Wellesley BankN/AN/AN/A
Ms. Eloise C. ThibaultCorp. Sec., VP of Wellesley Bank and Treasurer of Wellesley BankN/AN/A60
Amounts are as of December 31, 2016 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, as well as offers remote capture products. The company also offers residential mortgage loans, commercial real estate loans, and construction loans, as well as home equity lines of credit and 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 is involved in the provision of investment advisory services, as well as a range of non-deposit investment products, including mutual funds and equities through a third-party registered broker-dealer. As of December 31, 2015, Wellesley Bancorp, Inc. operated through an executive office and three full service branch offices located in Wellesley, Massachusetts; one limited service office in Needham; and one full-service branch office in Boston. The company was founded in 1911 and is based 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.