President's Message


Recent news regarding the banking industry and the resulting market volatility has been understandably disconcerting. I would like to assure you that your deposits at WCB remain safe and fully insured through the combined coverage of the FDIC and the Depositors Insurance Fund (DIF). WCB has been a trusted business partner to families and businesses in the local community for 130 years. Our commitment to sound community-based banking practices has allowed us to remain a strong financial partner through the many economic cycles since our founding in 1893.

Our business model is markedly different than the institutions that have been the subject of recent FDIC actions. Your community bank is supported by a strong capital position, conservative balance sheet management, and a fully-insured, diverse deposit base. Our experienced leadership team is well prepared to support your financial needs well into the future. Please visit our About WCB tab to learn more about WCB’s financial strength.

WCB is a proud member of the DIF. DIF provides coverage of deposits in excess of the FDIC insurance limits. The combination of FDIC and DIF insurance provides our customers with full deposit insurance coverage for all of your accounts held at WCB. The DIF has been insuring deposits since 1934. No depositor has ever lost a penny in a bank insured by both the FDIC and the DIF. More information can be found at the FDIC and DIF websites.

Thank you for choosing to bank with WCB.  We remain committed to supporting your financial needs. Please reach out to one of our Deposit Specialists in Winchester or Woburn or call us at 781-729-3620 with any questions.

Best Regards,

Mark H. Kellett
President & CEO