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Northeast Bank

Banking and Finance ~600 employees
Founded
--
Employees (Est.)
~600
30 leaders known
Total Funding
$75.0M
Funding Rounds
1
Last Funding
2024-12-09

About Northeast Bank

Northeast Bank is a financial institution dedicated to helping customers achieve their financial goals through a range of banking and lending services for personal, business, and government clients.

Products & Services

Personal Banking:Includes checking accounts (PROPEL Premier, Rewards, Free, Teen Freedom), savings accounts (High-Yield, PROPEL Preferred, Fusion), money market accounts, CDs (6-Month, 1-Year, 2-Year), IRAs, personal loans, credit cards, and online/mobile banking.
Business Banking:Offers checking and savings accounts, high-yield savings, money market accounts, credit cards, cash management, escrow management, merchant services, payroll & HR services, and business lending.
Government Banking:Provides specialized banking solutions including cash management, escrow management, government lending, and community grant programs.
National CRE Lending:Focuses on commercial real estate loans, loan acquisitions, lender finance, SBA & USDA loans, and loan onboarding services.
Health Savings Account (HSA):Offers competitive savings rates for medical expenses with maximized contributions.

Specialties

Law Firms Banking Solutions Nonprofits Banking Solutions Property Managers Banking Solutions Government and Municipalities Banking Commercial Real Estate (CRE) Lending Small Business Loans

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: At-the-Market Offering
T: -
FT: At-the-Market Offering
A: 75000000
MR: -
FA: up to $75,000,000.00
FAN: 75000000
D: 2024-12-09
FD: 2024-12-09
2 investors
At-the-Market Offering Latest
2024-12-09
$75.0M
2 investors (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

R

Richard Wayne

President Chief Executive Officer

P

Patrick Dignan

Chief Operating Officer

M

Meegan Casey

Senior Vice President Legal Counsel

B

Brian Doherty

Managing Director, Relationship Management

B

Brian Fenwick

Managing Director

T

Thomas Gillespie

Senior Vice President

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Recent News

Northeast Bank Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Banking and Finance
Company Size
~600 employees (est.)

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