Northeast Bank Announces Appointment of Salvatore Salzillo as Senior Vice President, Business Development

Boston, MA
Wednesday, July 10, 2019

Northeast Bank  announced today that Salvatore “Sal” Salzillo has joined the Bank’s Loan Acquisition and Servicing Group as Senior Vice President of Business Development. He comes to Northeast Bank with over thirty years of commercial lending experience including real estate, lender and corporate finance.

“We are excited to have Sal join Northeast Bank. With his extensive lending and leadership experience in our industry, Sal will be a valuable addition to our Loan Acquisition and Servicing Group as we continue to grow our lending business in the years to come,” said Richard Wayne, President and CEO.

Mr. Salzillo joins the bank with impressive leadership experience in the financial services industry, including roles in sales, credit, portfolio and capital markets at Axos (formerly BOFI Federal) Bank, KeyBank, GE Capital, and Marathon Asset Management. He was formally credit trained at Shawmut Bank and is a graduate of American University.

About Northeast Bank

Northeast Bank is a full-service bank headquartered in Lewiston, Maine. We offer personal and business banking services to the Maine market via ten branches. Our Loan Acquisition and Servicing Group purchases and originates commercial loans on a nationwide basis and our SBA Division supports the needs of growing businesses nationally. ableBanking, a division of Northeast Bank, offers online savings products to consumers nationwide. Information regarding Northeast Bank can be found at www.northeastbank.com.