Northeast Bancorp (NASDAQ:NBN) is a diversified financial services holding company headquartered in Lewiston, Maine. Through its primary banking subsidiary, Northeast Bank, the company delivers a full suite of commercial and consumer banking services across communities in Maine and New Hampshire. In addition to traditional banking, Northeast Bancorp operates specialty businesses—including wealth management, insurance, mortgage origination and servicing, and benefits administration—geared toward meeting the evolving financial needs of individuals, families and small to mid‐size enterprises.
Within its banking segment, Northeast Bancorp offers deposit products such as checking and savings accounts, money market accounts and certificates of deposit, alongside lending solutions including commercial real estate, construction and development financing, equipment loans, and consumer mortgages. Clients benefit from treasury and cash management services, internet and mobile banking platforms, merchant card processing and remote deposit capture. Its mortgage business provides retail origination, correspondent lending and warehouse financing, while the wealth management arm delivers investment advisory, trust and fiduciary services through dedicated financial professionals.
The company traces its origins back to 1872 and has grown both organically and through strategic acquisitions. Originally chartered as a local savings institution, it reorganized under the holding company structure in the early 2000s to reflect its expanded footprint and broader product set. Over the years, Northeast Bancorp has added insurance brokerage and benefits administration capabilities, extending its reach into employee retirement planning, health savings accounts and ancillary benefit offerings. This diversified platform enables the organization to cross‐sell services and deepen client relationships.
Governed by a board of directors and supported by an executive management team with deep roots in New England community banking, Northeast Bancorp emphasizes personalized service, community involvement and responsible growth. The company maintains active participation in local economic development initiatives, philanthropic partnerships and charitable programs, while pursuing digital innovation to enhance customer experience and operational efficiency across its banking and non‐banking businesses.
