News Column

WELLESLEY BANCORP, INC. FILES (8-K) Disclosing Other Events, Financial Statements and Exhibits

May 21, 2014



Item 8.01 Other Events

On May 21, 2014, the Board of Directors of Wellesley Bancorp, Inc. (the "Company"), the holding company for Wellesley Bank (the "Bank"), declared a cash dividend on the Company's outstanding shares of stock. The dividend of $0.025 per share will be paid on or about June 18, 2014 to stockholders of record on June 4, 2014.

On May 21, 2014, the Board of Directors of the Bank appointed Ralph Letner as the Chief Lending Officer and Senior Vice President of the Bank.

For more information about the declaration of the dividend and the appointment of Mr. Letner, please refer to the Company's press release, dated May 21, 2014, a copy of which is attached to this Report as Exhibit 99.1 and is furnished herewith.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits Number Description 99.1 Press Release dated May 21, 2014



--------------------------------------------------------------------------------


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Edgar Glimpses


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters