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News Room

Northeast Bank Supports Junior Achievement’s Youth Economic Development Program

Lewiston and Augusta, ME
February 11th, 2011

In the effort to support financial education and its commitment to corporate social responsibility, Northeast Bank has donated $1000 to Junior Achievement, a program designed to educate children K-12 on entrepreneurship, wealth management, and economics.

This donation will be used to fund some of the 3rd and 4th grade programs in Kennebec County which include volunteer training and classroom materials. The 3rd and 4th grade programs from Junior Achievement focus on subjects like city planning, city zoning as it relates to business, how to write a check and keep a register, regional economic resources, job planning, and profit/loss concepts as it relates to owning a business.

“Our 3rd and 4th grade programs are very popular with the kids. We use a lot of interactive techniques and games to help them understand business and planning concepts and they are like sponges the way they soak up the information,” says Jill Jamison, of Junior Achievement.

 “We are glad to support the Junior Achievement program’s efforts in helping Maine kids,”    says Jim Delamater, President of Northeast Bank. “Educating children about business and entrepreneurial thinking is so essential in today’s market and for their future success in the working world.”

About Junior Achievement

Junior Achievement of Maine was founded in 1965. In 2011, Junior Achievement programs will reach over 8,000 students spanning grades K-12. Using age-appropriate curricula designed to teach elementary students about their roles as individuals, workers, and consumers and to prepare middle grade and high school students for key economic and workforce issues they will face, Junior Achievement brings the free enterprise system to life in the classroom. For more information, please visit the www.jamaine.org or call 207-347-4333

About Northeast Bank

Northeast Bank, a leader in delivering one-stop shopping for financial services, is headquartered in Lewiston, Maine and is a wholly-owned subsidiary of Northeast Bancorp (NASDAQ:  NBN). The Company has approximately $644 million in assets as of December 30, 2010  and operates 23 retail outlets, including 10 bank branches, 10 insurance offices and 3 financial centers serving the financial needs of western, central, mid-coastal and southern Maine, as well as seacoast New Hampshire. Information regarding Northeast Bank can be found on its website at www.northeastbank.com or by contacting 1-800-284-5989. Find NEB on Facebook * Join the NEB group on LinkedIn * Join NEB on Twitter: @northeast_bank * Check out the NEB YouTube Channel