Northeast Bancorp (NASDAQ:NBN) is a Maine-based bank holding company and the parent of Northeast Bank, a state‐chartered commercial bank headquartered in Lewiston, Maine. Through its subsidiary, the company provides a variety of financial services, including personal checking and savings accounts, residential mortgage lending, small business and commercial loans, treasury management and private banking services. The bank operates a branch network spanning central and southern Maine, serving individuals, families and local businesses across the region.
Founded in 1872 as Androscoggin County Savings Bank, the institution has evolved through mutual and stock conversions, adopting the Northeast Bank name in 2001 and forming Northeast Bancorp as its mutual holding company in 2013. This history reflects the company’s community‐oriented approach and long‐standing commitment to supporting economic development throughout its service area.
Under the leadership of President and Chief Executive Officer Kevin Paquette, Northeast Bancorp emphasizes relationship‐driven banking, combining local decision‐making with a comprehensive suite of commercial real estate, construction and agricultural lending capabilities. The company also offers online and mobile banking platforms, enabling digital account access and self‐service features for both retail and business customers.
With a focus on customer service and community engagement, Northeast Bancorp maintains strong ties to Maine’s economic fabric through partnerships, sponsorships and charitable initiatives. Its concentrated geographic footprint allows the company to tailor its offerings to regional needs, positioning it as a key financial institution for individuals and enterprises in Maine.
