Skip to Main Content

SVB Response

Here to help.

Northeast Bank is a well capitalized and secure organization.

Recent industry events have highlighted the importance of maintaining a strong financial position, especially during times of uncertainty. At Northeast Bank, we understand this more than ever and are proud to report our bank has robust capital, strong liquidity and is well-positioned for future growth. 

  • We are well capitalized and profitable. Our team has taken proactive measures to maintain a robust capital base that exceeds regulatory requirements, which provides necessary resources to continue serving customers at the highest level.
  • Our liquidity position is strong. We proactively manage our balance sheet and liquidity to minimize interest rate risk, maintain strong asset quality and plan for the future. 
  • Our bankers are FDIC experts. We regularly review customer deposit portfolios and implement FDIC coverage solutions to properly protect their funds. Additionally, we deliver access to extended FDIC coverage when necessary, through well-established partnerships.

If you have questions regarding your accounts, please connect with your banker, contact our Customer Success Center at 1.800.284.5989 or view a full list of resources here.

We take our responsibility to safeguard your financial well-being seriously and are committed to being transparent in our operations. We thank you for your continued trust in Northeast Bank and look forward to serving you for many years to come. To read more about how Northeast Bank is here to help you keep your financial foundation safe here.