SHORT-TERM BUSINESS INVESTMENTS

Don't leave your excess cash inactive. Wellesley Bank can help you put your money to work and enhance your profits. Options include:

  • Business money market accounts[1]
  • Business CDs for longer term investment[1]
  • Automatic investment sweep accounts[2]

Please call or e-mail Henry Connors, VP Retail Banking, at 781-235-2550 extension 104 for detailed information and current rates.

(1) All deposit accounts are fully insured. The FDIC insures at least $250,000 of your deposits through December 31, 2013. The Share Insurance Fund of the Cooperative Central Bank insures all additional balances

(2) Excess funds are swept into a repurchase account that is backed by assigned collateral. Repurchase Accounts are considered investments and are not insured by the FDIC or the Share Insurance Fund.