Northeast Bank (Nasdaq: NBN) ranks No. 3 among Maine-based banks, with nearly $4.3 billion in assets, according to the 2026 Mainebiz Book of Lists.
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Northeast Bank (Nasdaq: NBN) has asked regulators to approve a proposal for a branch at 699 Broadway in Bangor.
It would be the Portland-based bank's first foray into the Queen City. Pending regulatory approval, plans call for the branch to open in early 2027.
Northeast Bank (Nasdaq: NBN) ranks No. 3 among Maine-based banks, with nearly $4.3 billion in assets as of June 30, 2025, according to the 2026 Mainebiz Book of Lists.
To develop the banking center, Northeast Bank is working with NES Group, a Mansfield, Mass.-based architecture firm that specializes in bank design; Studio S Architecture, of Stoughton, Mass.; and H.E. Callahan Construction Co., of Auburn.
“As Maine’s third-largest bank, expanding into Bangor represents an exciting milestone for Northeast Bank,” said Robert Banaski, chief retail banking officer. “We look forward to becoming part of the Bangor community and bringing our competitive banking solutions and community focus to individuals and organizations throughout the region.”
The bank will join a crowded market, competing with hometown bank Bangor Savings as well as Bar Harbor Bank & Trust, Camden National Bank, First National Bank, Machias Savings Bank and several credit unions.
Shares of Northeast Bank closed at $129.90 on Tuesday, putting the company's market value at $1.11 billion.
For now, Northeast Bank has branches in Auburn, Augusta, Bethel, Brunswick, Poland, Portland and South Paris. It has corporate offices in Portland, Lewiston and Boston.
