WELLESLEY BANCORP, INC. (NASDAQ:WEBK) Files An 8-K Other Events
Item 8.01 Other Events
On February 22, 2017, the Board of Directors of Wellesley
Bancorp, Inc. (the Company) declared a cash dividend on the
Companys outstanding shares of stock. The dividend of $0.04 per
share will be paid on March 22, 2017, to stockholders of record
as of the close of business on March 6, 2017.
A copy of the press release announcing the cash dividend is
included as Exhibit 99.1 and incorporated herein by reference.
Item 9.01 Financial Statements and
Exhibits
| (d) | Exhibits |
| Number | Description | |
| 99.1 | Press Release dated February 22, 2017 |
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 +0.15 at 27.65 with 4,413 shares trading hands.
