WELLESLEY, Mass., May 24, 2018 /PRNewswire/ -- Wellesley
Bancorp, Inc. (Nasdaq: WEBK) (the "Company"), the parent company of
Wellesley Bank (the "Bank"), today
announced that Garry R. Holmes has
been appointed as a member of the Board of Directors of the Company
and the Bank.
Mr. Holmes joined R.W. Holmes Realty, Co, Inc. in 1986 as a
licensed commercial real estate broker. In 1995 he assumed
the reins as President of the Firm. Over the past three
decades he has become one of suburban Boston's top brokers and oversees all of the
firm's operations. Garry guides a veteran team of commercial
real estate brokerage professionals - with a collective 240 years
of experience - who serve the brokerage needs of the Greater Boston market as well as a national
client base.
Garry has been recognized as a thought leader in his field and
often provides expert opinion to the region's print and online
publications (Boston Globe, Boston Business Journal, Banker &
Tradesman, Metro West News) seeking to tap into his comprehensive
knowledge of the Metro West and Greater
Boston markets and the commercial real estate industry as a
whole. He has also been a featured speaker at events for
NAIOP and other commercial real estate organizations.
In addition to holding the prestigious SIOR designation, Garry
has served as President of the SIOR New England Chapter, and
currently sits on the Board of Directors. He also serves on
the Executive Committee for NAIOP Massachusetts and was a past
Chair of the Board of Trustees for the Foundation for Metro West, a
nonprofit organization that connects donors with philanthropic
organizations. Garry is a graduate of Bates College and currently serves on Babson College's Advisory Council.
"We are very pleased to welcome Garry R.
Holmes as a director of the Company and the Bank," said
Thomas J. Fontaine, President and
Chief Executive Officer of the Company and the Bank. "The
Board of Directors believes that Garry's real estate background and
local market experience provides insight to support continued
profitable growth and build shareholder value."
About Wellesley Bancorp
Wellesley Bank and its
wholly-owned wealth management company, Wellesley Investment
Partners, LLC, are subsidiaries of Wellesley Bancorp, Inc.
Wellesley Bank provides personal,
customized, premier banking services to successful people,
families, businesses and Non-profit organizations. The bank
has six full-service banking offices in Wellesley, Newton and Boston. Wellesley Investment
Partners, a subsidiary of Wellesley
Bank, provides wealth management services to individuals and
families, private foundations and endowments. Wellesley Bank has been serving the Greater Boston Area for over 105 years.
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SOURCE Wellesley Bancorp, Inc.