Wellesley Bank, a premier bank and wealth management company, announced today that Milton resident, Andrew Maloney has been appointed as Senior Vice President, Commercial Lender.  Andrew will be located in the bank’s Boston office at One Federal Street where he will be responsible for business development that will contribute to the continued growth of the bank.

Andrew has over 20 years in the banking industry, most recently as Managing Director with First Republic Bank.  Previously he spent 7 years at Citizens Bank as a Division Executive.  Maloney has his BA in Economics from Boston College and his MBA in Finance from Suffolk University.  He is an active member of the community where he is Trustee of First Parish in Milton, and its former treasurer.

“I am pleased that Andrew will join us in this important role within the bank,” Ralph Letner, Chief Lending Officer of Wellesley Bank said, “With his knowledge of the marketplace and the ability to understand the business needs of our clients, I am confident he will be an essential part of our continued success.”

Wellesley Bank provides comprehensive premier banking and wealth management services to successful people, families, businesses and non-profit organizations.  The company’s team of highly experienced and knowledgeable bankers and investment professionals provides exceptional personalized services and trusted advice to its clients.

Wellesley Bank and its wholly owned wealth management company, Wellesley Investment Partners, LLC are subsidiaries of Wellesley Bancorp, Inc. (NASDAQ:WEBK)