Wellesley Bancorp, Inc. Announces Initial Cash Dividend, Payable on June 18, 2014; Appoints Ralph Letner as Chief Lending Officer
The company also announced the appointment of Ralph Letner as Chief Lending Officer and Senior Vice President of the Bank. In this role, Letner will be responsible for the leadership and oversight for all commercial and residential lending functions within Wellesley Bank. He will report directly to Fontaine. Letner has more than 28 years of banking experience in the Greater Boston Area, most recently as Senior Vice President/Commercial Team Leader at Boston Private Bank & Trust Company. Previously he served 12 years with Citizens Bank in progressively expanding roles to both small and middle market privately held businesses, with an emphasis on C&I Lending.