Northeast Bank
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.10% | Money Market | Pearl Money Market Promo 0.85% - Ally Bank Money Market Account |
| 1.40% | 5-year CD | 60 Month CD 2.35% - Synchrony Bank 60 Month CD |
| 0.20% | 1-year CD | 12 - 23 Month CD 1.40% - Synchrony Bank 12 Month CD |
Northeast Bank is headquartered in Lewiston and is the 9th largest bank in the state of Maine. It is also the 735th largest bank in the nation. It was established in 1872 and as of March of 2017, it had grown to 185 employees at 12 locations. Northeast Bank's money market rates are 3X the national average, and it has an A health rating.
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Terrible! Avoid At All Costs.
Stay away from Northeast Bank. I was approved for a mortgage. Provided the $500 deposit. When the appraisal was ordered, the appraiser completely missed the fact that the house had a basement, which clearly makes a difference in the value of the home. I wanted (and was owed) a valid appraisal. I requested the appraisal be redone to include the basement, with laundry room and bath. They refused, the customer service was terrible and they would not refund my money. I have never been treated so unprofessionally.
In the end, I switched banks, got a valid appraisal and bought the home, but lost a lot of time and energy in the process thanks to Northeast's ineptitude and all around poor (if not suspect) business practices. I will never work with Northeast Bank and suggest you do the same.
Data as of Q1 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 19690 |
| Year Established | 1872 |
| Employees | 185 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.55% |
| Return on Equity - YTD | 11.97% |
| Annual Interest Income | $14.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $1.03B$922.3MM |
| Loans | Q1 2017vs Q1 2016 | $743.0MM$701.8MM |
| Deposits | Q1 2017vs Q1 2016 | $865.7MM$767.8MM |
| Equity Capital | Q1 2017vs Q1 2016 | $133.8MM$113.1MM |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $3.4MM$2.9MM |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $11.1MM$8.7MM |
| Real Estate Owned | Q1 2017vs Q1 2016 | $3.7MM$670.00K |
Always verify rates and promotions with the bank or credit union. We are not Northeast Bank; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Northeast Bank Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.10% | - | - | Youth Statement Savings | |
| 0.10% | $100 | - | Statement Savings | |
| 0.10% | - | - | Health Savings Account | |
| 0.10% | - | - | Holiday Club | |
| 0.10% | $100 | - | Business Statement Savings |
Northeast Bank Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.10% | - | - | Pearl Money Market Promo | ||
| 1.10% | - | - | Business Pearl Money Market Promo | ||
| 0.35%* | $100k* | - | Personal Money Market | ||
| OTHER TIERS: 0.10% → Up to $25k | 0.20% → $25k - $75k | 0.30% → $75k - $100k | |||||
| 0.35%* | $75k* | - | Business Money Market | ||
| OTHER TIERS: 0.10% → Up to $10k | 0.15% → $10k - $25k | 0.25% → $25k - $75k | |||||
Northeast Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.35%* | $50k* | - | Northeast Express Gold | ||
| OTHER TIERS: 0.10% → Up to $10k | 0.15% → $10k - $25k | 0.20% → $25k - $50k | |||||
| 0.25% | $100 | - | Municipal NOW | ||
| 0.10% | $100 | - | Business NOW | ||
| 0.05% | $500 | - | Northeast Express Plus | ||
| 0.05% | $500 | - | Rewards 50 | ||
Northeast Bank CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.40% | $500 | $240k | 60 Month CD | |
| 1.00% | $500 | $240k | 48 - 59 Month CD | |
| 0.85% | $500 | $240k | 36 - 47 Month CD | |
| 0.40% | $500 | $240k | 24 - 35 Month CD | |
| 0.20% | $500 | $240k | 6 - 11 Month CD | |
| 0.20% | $500 | $240k | 12 - 23 Month CD | |
| 0.10% | $500 | $240k | Less than 6 Months CD |
Northeast Bank IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.40% | $500 | $240k | 60 Month IRA | |
| 1.00% | $500 | $240k | 48 - 59 Month IRA | |
| 0.85% | $500 | $240k | 36 - 47 Month IRA | |
| 0.40% | $500 | $240k | 24 - 35 Month IRA | |
| 0.20% | $500 | $240k | 6 - 11 Month IRA | |
| 0.20% | $500 | $240k | 12 - 23 Month IRA |
| Northeast Bank Locations | ||
|---|---|---|
| Bethel Branch | 11 Main Street | Bethel, ME 04217 |
| Poland Branch | 1399 Maine Street | Poland, ME 04274 |
| 186 Main Street Branch | 186 Maine Street | Brunswick, ME 04011 |
| Buckfield Branch | 2 Depot Street | Buckfield, ME 04220 |
| Auburn Branch | 232 Center Street | Auburn, ME 04210 |
| Oxford Hill Branch | 235 Main Street | South Paris, ME 04281 |
| Augusta Branch | 235 Western Avenue | Augusta, ME 04330 |
| Northeast Bank | 500 Canal Street | Lewiston, ME 04240 |
| Portland Branch | 27 Pearl Street | Portland, ME 04101 |
| Harrison Branch | 46 Main Street | Harrison, ME 04040 |