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 term deposits for longer term investment[1]
- Automatic investment sweep accounts[2]
Please call or email Henry Connors, VP Retail Banking at (781) 235-2550 x7604 for details and current rates.
(1) All deposit accounts are fully insured. The FDIC insures each depositor to at least $250,000. The Share Insurance Fund insures all additional deposits.
(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.
