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Northeast Bank

Portland, ME · Est. 1872 · Website ↗
A
Trust Grade
Excellent
Score: 98/100

Northeast Bank is a bank based in Portland, Maine, established in 1872, with $5.0 billion in total assets across 9 branches. By Trust Grade it ranks 2nd of 22 banks we track in Maine. Its capital ratio of 11.3% is stronger than 67% of similarly sized banks, versus a Maine median of 10.5%. It was profitable over the most recent period, with a 2.39% return on assets. No consumer complaints against Northeast Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$5.0B
$1B–10B institution
Deposits
$3.7B
Branches
9
Capital ratio
11.3%
Top 33% of $1B–10B peers · Maine median 10.5%
Return on assets
2.4%
Top 5% of $1B–10B peers · Maine median 0.88%
Rank in Maine
#2
of 22 banks

How Northeast Bank compares to Maine peers

Capital ratio
Top 33% of $1B–10B peers
Northeast Bank
11.3%
Maine median
10.5%
Higher capital ratio = stronger financial cushion
Return on assets
Top 5% of $1B–10B peers
Northeast Bank
2.4%
Maine median
0.9%
Higher ROA = more profitable relative to asset base

How we graded Northeast Bank

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
98/100
Customer experience
n/a
Overall
A · 98
  • Strongly capitalized (11.3% capital ratio)
  • Strongly profitable (ROA 2.39%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Northeast Bank over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (9)

  • 27 Pearl St, Portland, ME 04101
  • 235 Main St, South Paris, ME 04281
  • 836 Center Street, Auburn, ME 04210
  • 235 Western Ave, Augusta, ME 04330
  • 186 Maine St, Brunswick, ME 04011
  • 27 Pearl St, Portland, ME 04101
  • 11 Main St, Bethel, ME 04217
  • 1399 Maine St, Poland, ME 04274
  • 27 Pearl St, Portland, ME 04101

Are deposits at Northeast Bank insured?

Yes. Northeast Bank is an FDIC-insured bank (FDIC certificate #19690). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.

Northeast Bank: frequently asked questions

Is Northeast Bank a good bank?

Northeast Bank earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (11.3% capital ratio); Strongly profitable (ROA 2.39%).

Is Northeast Bank FDIC-insured?

Yes. Northeast Bank is a FDIC-insured bank (FDIC certificate #19690). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Northeast Bank?

Northeast Bank holds $5.0 billion in total assets, ranking 2nd of 22 banks we track in Maine. It operates 9 branches.

Does Northeast Bank have CFPB complaints?

No CFPB complaints against Northeast Bank appear in our data over the analysis window, which is typical for a bank of this size.

Similar Banks

Bar Harbor Bank & Trust
bank · Bar Harbor, ME · $4.7B assets
First National Bank
bank · Damariscotta, ME · $3.2B assets
The Camden National Bank
bank · Camden, ME · $7.0B assets
Maine Community Bank
bank · Portland, ME · $2.9B assets
Machias Savings Bank
bank · Machias, ME · $2.6B assets
Bangor Savings Bank
bank · Bangor, ME · $7.4B assets

Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.

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