News & Videos - WELLESLEY BANCORP INC.

Sun Life U.S. re-opens Wellesley office with new, modern design, featuring areas for collaboration and socializing, including patio with fireplace PR Newswire WELLESLEY, Mass., July 20, 2023 WELLESLEY, Mass. , July 20, 2023 /PRNewswire/ -- Sun Life U.S. yesterday held a ribbon-cutting to re-open its newly designed office in Wellesley, Mass. The more than 94,000 square feet of office space features unique collaboration spaces and various individual work areas, as well as comfortable areas for...

On June 1, 2020, Cambridge Bancorp (NASDAQ: CATC), parent of Cambridge Trust Company, completed its merger with Wellesley Bancorp, Inc. (“Wellesley”), Wellesley Bank (“Wellesley Bank”), Wellesley’s subsidiary bank, and Cambridge Trust Company, the Company’s subsidiary bank. Although the legal closing was effective as of 12:01 a.m. on June 1, 2020, the systems conversion is scheduled to occur over the weekend of October 2, 2020. “We are pleased to announce the completion of the...

Wellesley Bancorp, Inc. Reports Results for the Quarter and Year Ended December 31, 2019 PR Newswire WELLESLEY, Mass., Jan. 23, 2020 WELLESLEY, Mass. , Jan. 23, 2020 /PRNewswire/ -- Wellesley Bancorp, Inc. (Nasdaq Capital Market: WEBK) (the "Company"), the holding company for Wellesley Bank (the "Bank"), reported net income of $1.2 million and $6.0 million for the quarter and year ended December 31, 2019 , respectively. These results compare to net income of $1.6 million and $6.0 million for the...

Cambridge Bancorp (Nasdaq: CATC) (the “Company” or “Cambridge”), the holding company for Cambridge Trust Company (“Cambridge Trust”), and Wellesley Massachusetts-based Wellesley Bancorp, Inc. (“Wellesley”), the holding company for Wellesley Bank, are pleased to jointly announce entry into a definitive agreement pursuant to which Wellesley will merge with and into Cambridge in an all-stock transaction. Under the terms of the agreement, each share of Wellesley common stock will be...

Wellesley Bancorp, Inc. Announces Quarterly Cash Dividend PR Newswire WELLESLEY, Mass., Nov. 20, 2019 WELLESLEY, Mass. , Nov. 20, 2019 /PRNewswire/ -- Wellesley Bancorp, Inc. (Nasdaq Capital Market: WEBK) (the "Company"), the holding company for Wellesley Bank today announced that on November 20, 2019 , its Board of Directors approved a quarterly cash dividend to its stockholders of $0.06 per common share to be paid on December 18, 2019 to stockholders of record as of the close of business on...

Wellesley Bancorp, Inc. Reports Record Results for the Three and Nine Months Ended September 30, 2019 PR Newswire WELLESLEY, Mass., Oct. 24, 2019 WELLESLEY, Mass. , Oct. 24, 2019 /PRNewswire/ -- Wellesley Bancorp, Inc. (Nasdaq Capital Market: WEBK) (the "Company"), the holding company for Wellesley Bank (the "Bank"), reported record net income of $2.0 million and $4.8 million for the three and nine months ended September 30, 2019 , respectively. These results compare to net income of $1.6...

Wellesley Bancorp, Inc. Announces Quarterly Cash Dividend PR Newswire WELLESLEY, Mass., Aug. 28, 2019 WELLESLEY, Mass. , Aug. 28, 2019 /PRNewswire/ -- Wellesley Bancorp, Inc. (Nasdaq Capital Market: WEBK) (the "Company"), the holding company for Wellesley Bank today announced that on August 28, 2019 , its Board of Directors approved a quarterly cash dividend to its stockholders of $0.06 per common share to be paid on September 25, 2019 to stockholders of record as of the close of business on...

Wellesley Bancorp, Inc. Reports Results for the Three and Six Months Ended June 30, 2019 PR Newswire WELLESLEY, Mass., July 25, 2019 WELLESLEY, Mass. , July 25, 2019 /PRNewswire/ -- Wellesley Bancorp, Inc. (Nasdaq Capital Market: WEBK) (the "Company"), the holding company for Wellesley Bank (the "Bank"), reported net income of $1.5 million and $2.8 million for the three and six months ended June 30, 2019 , respectively. These results compare to net income of $1.4 million and $2.9 million for the...

Wellesley Bancorp, Inc. Shareholders Elect James J. Malerba As Director PR Newswire WELLESLEY, Mass., May 23, 2019 WELLESLEY, Mass. , May 23, 2019 /PRNewswire/ -- Wellesley Bancorp, Inc. (Nasdaq: WEBK) (the "Company"), the parent company of Wellesley Bank (the "Bank"), today announced that the Company's shareholders have elected James J. Malerba to the Company's Board of Directors. Mr. Malerba has also been appointed to the Bank's Board of Directors. Mr. Malerba was an Executive Vice President...

Wellesley Bancorp, Inc. Announces Increased Quarterly Cash Dividend PR Newswire WELLESLEY, Mass., May 23, 2019 WELLESLEY, Mass. , May 23, 2019 /PRNewswire/ -- Wellesley Bancorp, Inc. (Nasdaq Capital Market: WEBK) (the "Company"), the holding company for Wellesley Bank today announced that on May 22, 2019 , its Board of Directors approved a quarterly cash dividend to its stockholders of $0.06 per common share, an increase of 9.1% from the prior quarter's dividend, to be paid on June 19, 2019 to...

Wellesley Bancorp, Inc. Reports Results for the Quarter Ended March 31, 2019 PR Newswire WELLESLEY, Mass., April 25, 2019 WELLESLEY, Mass. , April 25, 2019 /PRNewswire/ -- Wellesley Bancorp, Inc. (Nasdaq Capital Market: WEBK) (the "Company"), the holding company for Wellesley Bank (the "Bank"), reported net income of $1.3 million for the quarter ended March 31, 2019 . These results compare to net income of $1.4 million for the quarter ended March 31, 2018 . The results for the quarter represent...

Wellesley Bancorp, Inc. Announces Date Of 2019 Annual Meeting Of Shareholders PR Newswire WELLESLEY, Mass., March 11, 2019 WELLESLEY, Mass. , March 11, 2019 /PRNewswire/ -- Wellesley Bancorp, Inc. (Nasdaq: WEBK) today announced that its annual meeting of shareholders will be held on Wednesday, May 22, 2019 . Wellesley Bank and its wholly-owned wealth management company, Wellesley Investment Partners, LLC, are subsidiaries of Wellesley Bancorp, Inc. Wellesley Bank provides personal, customized,...

Wellesley Bancorp, Inc. Declares Quarterly Cash Dividend PR Newswire WELLESLEY, Mass., Feb. 27, 2019 WELLESLEY, Mass. , Feb. 27, 2019 /PRNewswire/ -- Wellesley Bancorp, Inc. (Nasdaq Capital Market: WEBK) (the "Company"), the holding company for Wellesley Bank today announced that on February 27, 2019 its Board of Directors approved a quarterly cash dividend to its stockholders of $0.055 per common share, to be paid on March 27, 2019 to stockholders of record as of the close of business on March...

BOSTON, Feb. 21, 2019 (GLOBE NEWSWIRE) -- EB Research Partnership (EBRP), the largest nonprofit dedicated to funding research aimed at treating and ultimately curing Epidermolysis Bullosa (EB), is pleased to announce the 2nd Annual Plunge for Elodie event, taking place on March 2, 2019 in Wellesley, Massachusetts at 8:00 am, the Saturday following the global Rare Disease Day on February 28. Beginning in 2018 as a small hometown polar plunge, Plunge for Elodie has not only evolved into New...

Wellesley Bancorp, Inc. Reports Record Results for the Year Ended December 31, 2018 PR Newswire WELLESLEY, Mass., Jan. 24, 2019 WELLESLEY, Mass. , Jan. 24, 2019 /PRNewswire/ -- Wellesley Bancorp, Inc. (Nasdaq Capital Market: WEBK) (the "Company"), the holding company for Wellesley Bank (the "Bank"), reported net income of $1.6 million and $6.0 million for the quarter and year ended December 31, 2018 , respectively. These results compare to net income of $201 thousand and $3.2 million for the...

WELLESLEY, Mass., Dec. 10, 2018 (GLOBE NEWSWIRE) -- The Wellesley Sports Center and its managing partner ESG Associates announced today that Dana Hall School will become an anchor tenant in the ice rink facility, as well as look to host Eastern Independent League (EIL) swimming and diving meets in the natatorium. Dana Hall is a Wellesley-based independent boarding and day school for girls in grades 5-12, placing emphasis upon sound academic education and the preparation of each individual for...

BEDFORD, Mass., Dec. 06, 2018 (GLOBE NEWSWIRE) -- ESG Associates today announced that the Wellesley Sports Center is now slated to open with full occupancy in the Spring 2019, instead of phasing it over a 6-month period. This shift in timeline is due to complications that have arisen from bad weather, and the inability to secure gas service to the site . More than 1,200 National Grid gas workers have been locked out since June — delaying non-emergency gas service projects, including natural...

Wellesley Bancorp, Inc. Declares Quarterly Cash Dividend PR Newswire WELLESLEY, Mass., Nov. 28, 2018 WELLESLEY, Mass. , Nov. 28, 2018 /PRNewswire/ -- Wellesley Bancorp, Inc. (Nasdaq Capital Market: WEBK) (the "Company"), the holding company for Wellesley Bank today announced that on November 28, 2018 its Board of Directors approved a quarterly cash dividend to its stockholders of $0.055 per common share, to be paid on December 26, 2018 to stockholders of record as of the close of business on...

Wellesley Bancorp, Inc. Reports Record Results for the Three and Nine Months Ended September 30, 2018 PR Newswire WELLESLEY, Mass., Oct. 25, 2018 WELLESLEY, Mass. , Oct. 25, 2018 /PRNewswire/ -- Wellesley Bancorp, Inc. (Nasdaq Capital Market: WEBK) (the "Company"), the holding company for Wellesley Bank (the "Bank"), reported net income of $1.6 million and $4.4 million for the three and nine months ended September 30, 2018 , respectively. These results compare to net income of $1.2 million and...

Wellesley Bancorp, Inc. Declares Quarterly Cash Dividend PR Newswire WELLESLEY, Mass., Aug. 22, 2018 WELLESLEY, Mass. , Aug. 22, 2018 /PRNewswire/ -- Wellesley Bancorp, Inc. (Nasdaq Capital Market: WEBK) (the "Company"), the holding company for Wellesley Bank today announced that on August 22, 2018 its Board of Directors approved a quarterly cash dividend to its stockholders of $0.055 per common share, to be paid on September 19, 2018 to stockholders of record as of the close of business on...