Northeast Community Bancorp (NASDAQ:NECB) is a bank holding company headquartered in Lake Orion, Michigan, offering a full range of commercial and consumer banking services through its wholly owned subsidiary, Northeast Community Bank. The company focuses on serving small and mid‐sized businesses, professionals, and residents in Oakland, Genesee and adjacent counties in southeastern Michigan. Its branch network, combined with a suite of digital banking channels, positions it as a community‐focused institution with a growing regional footprint.
The company’s core business activities include the origination and servicing of commercial real estate loans, commercial and industrial loans, residential mortgage financing and consumer lending products. On the deposit side, Northeast Community Bank provides checking, savings and money market accounts, certificates of deposit and online treasury management services. The bank also offers mobile and online banking platforms, remote deposit capture, merchant services and debit and credit card programs designed to meet the needs of its local customer base.
Tracing its roots to the early 2000s, Northeast Community Bancorp transitioned from a single‐branch lender to a publicly traded company listed on the Nasdaq exchange. Over the years, the company has grown organically and through targeted acquisitions, all while maintaining a strong focus on community reinvestment and local decision‐making. It operates under the regulatory oversight of the Federal Reserve System and the Federal Deposit Insurance Corporation, ensuring compliance with banking regulations and industry best practices.
Governance and leadership are provided by a seasoned board of directors and senior management team with decades of collective experience in community banking, finance and risk management. The company’s executives, including its president and chief executive officer and chief financial officer, work alongside department heads in lending, operations and compliance to deliver personalized service to customers and support long‐term growth in the communities it serves.
