NORTHEAST BANK HISTORY

  • Bank Name:Northeast Bank
  • Bank Class:Federal Reserve Non-member Bank
  • Member FDIC:Certificate #19690
  • Locations:10 Branches in Maine

Northeast Bank was founded on February 5, 1872 and has been serving the financial needs of their customers for over 152 years.

Northeast Bank currently operates with 10 branches located in Maine as a subsidiary of Northeast Bancorp. Check below for important events in banks history.

IMPORTANT EVENTS IN BANKS HISTORY

Below is a list of some important events in the history of Northeast Bank, including mergers and acquisitions.

DATEEVENT

02-05-1872Institution established. Original name: Bethel Savings Bank.

08-20-1974Changed Institution Name to Bethel Savings Bank.

08-20-1974Main Office moved to Main Street, Bethel, ME 04217.

02-15-1984Changed Chartering Agency to Ots.

02-15-1984Changed Primary Federal Regulatory Agency to Ots.

02-15-1984Changed Institution Name to Bethel Savings Bank Fsb.

08-13-1987Changed Organization Type to Stock Savings Bank.

08-13-1987Changed Trust Powers to Full.

07-01-1996Changed Institution Name to Northeast Bank, F.s.b..

07-01-1996Acquired Brunswick Federal Savings, F.a. (29841) in Brunswick, ME.

07-01-1997Main Office moved to 232 Center Street, Auburn, ME 04210.

10-24-1997Acquired Cushnoc Bank and Trust Company (27533) in Augusta, ME.

09-01-2002Main Office moved to 158 Court Street, Auburn, ME 04210.

07-28-2004Changed Chartering Agency to State.

07-28-2004Changed Bank Class to FDIC Supervised State Savings Bank.

07-28-2004Changed Primary Federal Regulatory Agency to Fdic.

07-28-2004Changed Institution Name to Northeast Bank.

08-30-2004Institution becomes member of the Federal Reserve System.

08-30-2004Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).

08-30-2004Changed Organization Type to Commercial Bank.

08-30-2004Changed Primary Federal Regulatory Agency to Fed.

09-21-2005Main Office moved to 500 Canal Street, Lewiston, ME 04240.

06-12-2014Institution withdraws from membership in the Federal Reserve System.

06-12-2014Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).

06-12-2014Changed Primary Federal Regulatory Agency to Fdic.

03-02-2020Main Office moved to 27 Pearl Street, Portland, ME 04101.

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NEW BRANCHES

No new branches were opened in the last 12 months...

CLOSED BRANCHES

No branches were closed in the last 6 months...

POPULAR BRANCHES
11 Main Street, Bethel, ME 04217
235 Main Street, South Paris, ME 04281
232 Center Street, Auburn, ME 04210
235 Western Avenue, Augusta, ME 04330
186 Maine Street, Brunswick, ME 04011
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