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News Room

Northeast Bank Expands its Small Business Lending Program

Lewiston, Maine
November 25th, 2014

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.

Northeast Bank Contributes $5,000 to Kennedy Park Bandstand Project

Lewiston, Maine
October 10th, 2014

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.

Northeast Bank Hires Staff in Support of Small Business and Commercial Lending Efforts

Lewiston, Maine
September 17th, 2014

Northeast Bank announced today that it added several members to its staff in order to grow its Small Business Administration Lending and Commercial Lending activities across New England. They include:

Joshua Israel - Senior Vice President of Business Development

Jeanne Hulit to Join Northeast Bancorp

Lewiston, ME
January 23rd, 2014

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 Announces Dates for Fiscal 2014 First Quarter Earnings Results and Conference Call

Lewiston, Maine
October 28th, 2013

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 Commits $10 Million to Small Business Lending in Maine

Lewiston, ME
September 9th, 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.

James Delamater to Retire from Northeast Bank

Lewiston, Maine
July 9th, 2013

Remains on Northeast Bank Community Advisory Board

Northeast Bancorp announced today that James Delamater, Chief Executive Officer of its Community Banking Division will retire on August 1, 2013 to pursue other interests in the private sector. Mr. Delamater will remain on the Northeast Bank Community Advisory Board, and will continue to be active in the community on several boards.

Northeast Bancorp to Exit Investment Brokerage Business

Lewiston, Maine
July 2nd, 2013

Transition Ensures Minimal Disruption for Clients

Northeast Bancorp today announced its intention to exit its investment brokerage business, currently doing business as Northeast Financial Services. Current Northeast Financial Services clients will continue to be serviced by their existing investment representatives, ensuring minimal disruption for clients.

Northeast Bank Donates $5,000 to YWCA Lewiston Fire Victims Fund

Lewiston, ME
May 7th, 2013

Grant will help the more than 200 displaced residents start over after Lewiston fires

Northeast Bank today announced today a $5,000 donation to the YWCA of Central Maine, which will be directed toward its newly created Lewiston Fire Victims Fund. The fund is a new YWCA initiative, established in response to the growing needs of victims affected by the recent downtown fires. All donations contributed to the fund will go toward assisting victims purchase critical necessities and household items as they work to rebuild their lives.

Northeast Bank Donates Funds to Big Brothers Big Sisters of Androscoggin and Oxford Counties

March 29th, 2013

Northeast Bank today announced that is has awarded a $2,000 grant to Big Brothers Big Sisters of Androscoggin and Oxford counties in support of its Bowl for Kids’ Sake. Big Brothers and Big Sisters is dedicated to helping children realize their potential and help them shape a successful future.

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