Bank Gives $1,000 Gift to Support Homeless Teens

Northeast Bank today announced a donation of $1,000 to the New Beginnings House in Lewiston. New Beginnings offers a variety of programs to assist homeless teens, including an emergency shelter, a transitional living program, community and outreach services. 

The needs of homeless teens are constantly changing. The New Beginnings House offers a supportive environment for the teens it serves, while promoting opportunities for their growth and advancement. To further assist this initiative, Northeast Bank employee, Michael Lanois, volunteers his time at New Beginning fundraising events, serves on the Board of Directors and sits on its Finance Committee.

"Supporting homeless and needy teens in our communities is a top priority at Northeast Bank," said Jim Delamater, President and CEO of the Northeast Community Banking Division. "This is an issue that needs more attention and support in Maine, and we are pleased to put our resources to work to help New Beginnings and hope that our contribution will make a difference."

"We cannot thank Northeast Bank enough for their generous donation," said Bob Rowe, Executive Director of New Beginnings. "Our teens and programs are often forgotten, so it is great to have organizations like the Bank in our corner."

For those who would like to provide support, New Beginnings is in need of both monetary donations and host homes. For more information, please visit www.newbeginmaine.org.

For additional information please contact Northeast Bank's Jillian Doherty at 207.786.3245 ext. 4984 or jdoherty@northeastbank.com.

About Northeast Bank:
Northeast Bancorp (NASDAQ: NBN) is the holding company for Northeast Bank, a full-service bank headquartered in Lewiston, Maine. Northeast Bank offers traditional banking services through its Community Banking Division, which operates ten full-service branches, some with investment centers, and four loan production offices that serve individuals and businesses located in western and south-central Maine and southern New Hampshire. Northeast Bank's Loan Acquisition and Servicing Group purchases and originates commercial loans for the Bank's portfolio. ableBanking, a division of Northeast Bank, offers savings products to consumers online.www.northeastbank.com.

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