Special Announcement

Important Merger Information:

We are pleased to announce that Cambridge Trust and Wellesley Bank signed a definitive merger agreement on December 5, 2019.

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When Wellesley Bank opened its doors on January 24, 1911 it had four employees, and offered only car loans and mortgages, and three types of savings accounts.

Today, Wellesley Bank is a Premier Banking and Wealth Management company with more than 86 employees. We have six retail banking offices, offering consumer and business banking services as well as a wealth management subsidiary: Wellesley Investment Partners. Since its humble beginnings, Wellesley Bank has grown in many ways. The Bank’s assets are over $900 million.

Wellesley Bancorp, Inc. is a Maryland corporation incorporated in 2011, (NASDAQL WEBK). It serves as the parent holding company of Wellesley Bank (the “Bank”), a Massachusetts chartered stock co-operative bank, established in 1911, which completed its conversion from the mutual to the stock form of ownership in January 2012.

+86 Employees
6 Retail banking offices
+$900 Million in assets