industry banking and investments founded bethel maine u.s. 1872 1872 headquarters lewiston maine u.s. number of locations 14 locations 10 branches and 4 investment centers 1 area served maine massachusetts new hampshire key people robert glauber 2 products financial services services financial services total assets us 894 100 000 on 12 31 2015 3 number of employees 204 website www.northeastbank.com northeast bancorp is a maine based financial services company serving maine usa and is the parent company to its wholly owned subsidiary northeast bank a state chartered financial institution . headquartered in lewiston maine usa northeast bancorp is the 9th largest maine based public company . 4 the company has 595 million in assets 3 employs over 200 people and operates 10 branches and 4 investment centers . 1 northeast bancorp was formed from the merger of bethel savings bank and brunswick federal savings in 1996 . 5 contents 1 lines of business 1.1 banking 2 communities served 2.1 in maine 2.2 in new hampshire 2.3 in massachusetts 3 diversification philosophy 4 history 4.1 notable firsts 4.1.1 northeast bank predecessors 4.1.2 northeast financial predecessors 8 4.1.3 northeast bank insurance group inc. predecessors 8 5 references lines of business edit northeast bank offers banking financial planning and wealth management services . the company embraces a consultative or needs based sales philosophy requiring that all employees learn about its customers and only offer objective financial advice in accordance with the individual customers financial situations . banking edit northeast bank is the banking arm of northeast bancorp operating from branches throughout the state of maine . retail banking products include checking savings money market and other deposit accounts ; as well as mortgage equity and personal loans . commercial banking products include checking savings and other deposit products ; as well as construction loans lines of credit and other loan products . northeast bank is an sba preferred lender . online banking services are offered to both retail and commercial clients . communities served edit northeast bank has offices in the following communities in maine edit auburn augusta bethel brunswick buckfield harrison lewiston poland portland south paris . in new hampshire edit north hampton in massachusetts edit boston diversification philosophy edit as of june 30 2008 northeast generated approximately 43 % of its revenue from the nontraditional noninterest sources . 6 in addition northeast bank was rated 10th in the nation by michael white & associates for insurance revenues as a percentage of noninterest income . 7 northeast bank insurance group acquired 7 independent agencies from november 2006 through june 2008 . history edit notable firsts edit first maine savings bank to receive a trust charter in 1983 . 8 first savings bank holding company in maine to own and operate an insurance company in 2002 . 8 first maine bank to offer health savings accounts in 2004 . 8 first state chartered bank in maine to convert to federal charter in 1983 . 8 northeast bank predecessors edit bethel savings bank opened in 1872 bethel bancorp created in 1987 brunswick federal savings purchased in 1990 cushnoc bank and trust of augusta purchased in 1997 northeast financial predecessors 8 edit first new england benefits purchased in 1993 formed employee benefits division northeast bank insurance group inc. predecessors 8 edit kendall insurance agency purchased in 2002 solon anson insurance agency purchased in 2004 palmer insurance agency ; sturtevant & ham insurance agency all purchased in 2006 southern maine insurance agency ; hartford agency ; russell agency ; spence & mathews agency ; hyler agency all purchased in 2007 references edit a b https www.northeastbank.com locations https www.northeastbank.com board directors a b http www.marketwatch.com story northeast bancorp reports second quarter results declares dividend 2016 02 01 maine based banks mainebiz pg . 42 . retrieved 10 09 2008 northeast bank history ; http www.northeastbank.com about documents timelineapril08.pdf timeline northeast bank 2008 annual report http www.bankinsurance.com about press releases 2008 10 02 mwa abia report for 06 30 2008.pdf a b c d e f northeast bank timeline ; http www.northeastbank.com about documents timelineapril08.pdf retrieved from https en.wikipedia.org w index.php title northeast bank & oldid 718294250 categories banks based in mainecompanies based in lewiston maine1872 establishments in mainecompanies established in 1872bethel maine navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 2 may 2016 at 17 54 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view