WELLESLEY BANCORP, INC. (NASDAQ:WEBK) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

WELLESLEY BANCORP, INC. (NASDAQ:WEBK) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02   Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

  

On March 6, 2017, Eloise C. Thibault notified Wellesley Bancorp, Inc. (the “Company”) and Wellesley Bank (the “Bank”) that she intends to retire from her position as Corporate Secretary of the Company and Vice President and Treasurer of the Bank effective January 1, 2018.


About WELLESLEY BANCORP, INC. (NASDAQ:WEBK)

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.

WELLESLEY BANCORP, INC. (NASDAQ:WEBK) Recent Trading Information

WELLESLEY BANCORP, INC. (NASDAQ:WEBK) closed its last trading session up +0.10 at 27.90 with 0 shares trading hands.

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