BANGOR, Maine, (September 8, 2026) -- Northeast Bank (the “Bank”) (NASDAQ: NBN) announced plans to establish a new location in Bangor, pending final regulatory approval. The new banking center will be located in the multi-tenant retail center at 699 Broadway and is planned to open in early 2027.

Northeast Bank is working with NES Group of Mansfield, Massachusetts; Studio S Architecture of Stoughton, Massachusetts; and H.E. Callahan Construction Co. of Auburn, Maine, on the development of the new banking center.

The expansion represents an important investment in the greater Bangor region and reflects Northeast Bank’s continued commitment to serving individuals, businesses, municipalities, and organizations throughout Maine. The new banking center will offer competitive deposit solutions, cash management and treasury services, and relationship-based banking support to customers across the region.

“As Maine’s third-largest bank, expanding into Bangor represents an exciting milestone for Northeast Bank,” said Robert Banaski, Chief Retail Banking Officer at Northeast Bank. “We look forward to becoming part of the Bangor community and bringing our competitive banking solutions and community focus to individuals and organizations throughout the region.”

Additional information regarding construction progress and the opening timeline will be announced in the coming months.

About Northeast Bank

Northeast Bank (NASDAQ: NBN) is headquartered in Portland, Maine and operates as both a national lender and a community bank. The Bank’s National Lending Division originates and purchases commercial real estate loans across the country. This division specializes in complex credit structures and secondary market loan acquisitions, providing tailored financing solutions to a diverse national clientele. In addition, this division includes the Bank’s Small Business segment that serves as a nationwide Small Business Administration Preferred Lender offering government-guaranteed loans. On a regional and national level, Northeast Bank provides a comprehensive suite of depository products and cash management and treasury services through a network of seven banking centers in Maine alongside the Bank’s digital banking division, ableBanking.