Northeast Bancorp (the “Company”) announced today that Brian W. Shaughnessy has been appointed as the Company’s Chief Financial Officer and Treasurer, effective January 14, 2015. Mr. Shaughnessy will succeed Claire S. Bean, who will retain her responsibilities as the Company’s Chief Operating Officer.
Northeast Bank (the “Bank”) announced today it has recently expanded its Small Business Administration (“SBA”) Lending Division, led by Jonathan Smith, Senior Vice President, Director of SBA Lending. This growing team will further support the Bank’s lending efforts in New England and will also establish SBA lending capabilities in key markets across the United States.
Lewiston, ME (October 10, 2014) ‒ Northeast Bank announced today a $5,000 donation towards the restoration of the historic bandstand in Lewiston’s Kennedy Park, which was originally built in 1868. A groundbreaking event is scheduled for Tuesday, October 14, 2014 for those who have contributed to the restoration efforts.
Member of President Obama’s Cabinet, veteran of Obama Administration, Maine economic team
Northeast Bancorp (“Northeast” or the “Company”) (NASDAQ: NBN), a Maine-based full-service financial services company and parent of Northeast Bank (the “Bank”), announced today that Jeanne A. Hulit, Acting Administrator of the Small Business Administration (“SBA”), will be joining the Bank in mid-February as President of its Northeast Community Banking Division.
Northeast Bancorp (“Northeast” or the “Company”) (NASDAQ: NBN), a Maine-based full-service financial services company and parent of Northeast Bank, announced today it will release its fiscal 2014 first quarter earnings results after the markets close on Tuesday, October 29, 2013. Following the release, the Company will host a conference call with a simultaneous webcast at 11:00am EDT on Wednesday, October 30, 2013.
Northeast Bank today announced the availability of up to $10 million for qualified small business loans throughout Maine. The program will be offered in conjunction with the Small Business Administration (SBA), and aims to target new and existing small businesses in Maine who are looking to grow or expand their operations.