Banking Services at Wellesley: Where and how

As a convenience to new students, we offer contact information for a number of banks in the neighborhood around Wellesley College, as well as some general information about banking.

Banks in the town of Wellesley

Bank of America:185 Linden Street, Wellesley MA 02482, 1-888-550 6433

Middlesex Savings Bank: 278 Washington Street, Wellesley MA 02481, 1-781-416-1870

People's United Bank: 200 Linden Street, Wellesley MA 02482,

Santander Bank: 277 Linden Street, Wellesley MA 02482, 1-877-768-2265 

ATMs on campus:

Wang Campus Center: Bank of America, full-service ATM

Schneider Center: Santander Bank, cash-only ATM

Banking in Wellesley (and in the US)

U.S. financial institutions are required to verify the identity of every individual who opens a bank account. In compliance with federal regulations, all banks operating in the U.S. have established Customer Identification Programs that they must follow for anyone who seeks to open an account. Below is the basic information a bank must obtain from you before allowing you to open an account:

  • Your name
  • Your date of birth
  • Your street address – no P.O. Box                                    
  • An identification number (see below)
  • A phone number – and often an email address

An identification number can be one or more of the following:

  • A taxpayer ID number (Social Security number or individual taxpayer ID number)
  • Passport number and country of issuance
  • Alien identification card number
  • Any other government-issued document evidencing nationality or residence and bearing a photograph (such as a driver’s license).

What to bring when opening an account   

  • Money to deposit  (cash or check)                              
  • Two  forms of identification (see above)
  • Local mailing address:       

Your name
Unit XXYY (available on your MyWellesley over the summer)
21 Wellesley College Road                                                
Wellesley, MA 02481-02XX  (XX = first two numbers of your Unit Number)

  • Your mother‘s maiden name: The bank will ask for your mother‘s maiden name (your mother‘s family name before she was married) or some other family name. This name is used as a security check when you need to contact the bank with questions.
  • Taxpayer Identification Number – Required by some but not all banks. The following are acceptable to use:

Social Security number (SSN). If you have applied but not yet received your SSN, bring your receipt notice  
Individual Taxpayer Identification Number (ITIN). Issued by the IRS to those not eligible for a Social Security Number. If you will apply for an ITIN, you will need to open your bank account and then apply for an ITIN.