Northeast Bank Newsletter
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In This Issue
A Nation of Honor
On the Community Front
Northeast Bank on Facebook!
Your Opt-In Needed for Bounced Debit Card Transactions
It's Not Worth the Gamble
Six-Month Financial Check-Up
Your Next Mortgage Loan
No-Obligation Insurance Review

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A Nation of Honor

Northeast Bank Honors our nation's armed forces who fought and still fight for today's freedoms. We will be recognizing Memorial Day on Monday May 31st. All branches and insurance agencies will be closed. Enjoy the holiday with your friends and families.

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On The Community Front

Many Northeast hands helped Rebuild Together
L/A for the 5th year in a row.
This year volunteers from Northeast Bank helped local homeowners with various
projects, including safety upgrades, painting, and general carpentry in an effort to celebrate the National Rebuilding Day which was on May 1st. In addition to providing volunteers, Northeast Bank donated $1,000 to the efforts. Visit our Facebook page to see what Northeast Bank is involved in.

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Join Northeast Bank on Facebook!

Check our our Facebook page, "Like" Us and Receive Special Notifications for Contest and Promotions.
Don't get left out!
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   
 
  
 
 
 
 
 
  
 
 
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Summer 2010
Greetings!
 
PresidentThe early spring provided many of our customers a head start on chores and cleaning, while for others, it continues to present reason to worry, with many of our friends and neighbors still out of work or dealing with financial challenges. As a community banker leading Northeast now for almost 30 years, it is refreshing to see local citizens and communities during these times banding together to help their own, to make a difference and to stay focused on the future. 
 
On the whole, the market appears to be loosening its grip, however, it demands fresh thinking and action and we're proud that our Northeast family continues to deliver innovative approaches to delivering banking, insurance and investment services while still maintaining our core values and local decision-making. While we pursue and embrace new opportunities to grow, we remain focused on bringing greater stability to our employees, customers and our communities.  Know that we are always here for our customers and their families. If you have question or need help with a financial challenge, contact me directly - we can help.
 
Best wishes,

Jim Delamater signature
Jim Delamater
President and CEO
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Opt-in for Declined Debit and ATM Card Transactions - Your Response Needed!
New laws are giving customers options with respect to overdrafts, but you need to take action. For anyone with a Northeast Bank debit card, if you want the benefit of an automatic safety net when transactions on your debit card get approved - even if your account is a little short - you now must OPT IN by August 1st.
 
Debit and ATM card transactions are presented for authorization against your available balance at the bank. If there are not enough funds, starting August 15th, the transaction will be denied unless you Opt In for the service. 

To learn more about Northeast Bank's compliance with this new federal law, visit our website or call us at 800-284-5989, Option 1 to speak with a Customer Care Representative.
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 It's Not Worth The Gamble
New Federal Restrictions on Internet Gambling Businesses
All business customers recently received a letter regarding a new law intended to cut down on the incidences of unlawful Internet gambling. In essence, the Unlawful Internet Gambling Enforcement Act (UIGEA) prohibits any person engaged in the business of betting or wagering from knowingly accepting payments in connection with the participation of another person in unlawful internet gambling. To comply, Northeast will be blocking restricted transactions.

So what does this mean? Companies engaging in Internet gambling must prove that they are authorized to do so and can process transactions through their business account with Northeast.  If you don't engage in the business of Internet gambling, you don't have to do anything. Questions? Contact Customer Care or call 800-284-5989 Option 1.
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Six-Month Financial Check-Up

Renew those resolutions with a quick check up
Are you paying yourself first?
Even if it's a small amount of money every paycheck, it's important to get in the habit of treating you and your family as a bill, setting aside funds on a regular basis.

Is plastic winning over cash? Unless it is your debit card, cash purchases help you save money, and in many cases you can negotiate when paying with cash, especially for large purchases. And the best part, there is no interest on cash.

Is it time to change your direction with your loose change? Instead of buying that coffee, throw the change and small bills into a jar or some other container. You'd be amazed at how much builds up over just a short period of time, perhaps enough for a little weekend getaway or dinner out with the family?

Visit our Facebook page and let us know what you have for financial tips that have kept you on track with your financial resolutions.

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Your Next Mortgage Loan
Applications are now being accepted by our newly expanded Mortgage team. In just under six months Northeast Bank has added close to 15 new positions to help customers with their mortgage needs across Maine and in New Hampshire.  We now have new mortgage representatives covering the Bangor and Waterville communities in addition to our existing team. Find a mortgage professional near you!

You can also check rates and apply online from the comfort of your own home.
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arrow  No-Obligation Insurance Review 
 
Are you paying too much for insurance? Do you have gaps in coverage that could cause you a real problem when the unexpected occurs? If you are not sure, it is time for you to assess your insurance needs to ensure you have the right coverage, at the right price.

Take 15 minutes to call and speak with one of our customer service representatives for a free no-obligation quote. If you submit a copy of your current homeowners policy for review, we'll send you a $15 gift card. We can be reached at 1-800-284-5989,option 1 or go online anytime to submit a quote request.
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Thank you for your time and for choosing Northeast Bank to handle your financial needs. It is, and always will be, our pleasure to be your bank of choice. If you have questions or comments, please contact 
Customer Care at 1.800.284.5989, option 1.
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Insurance products are: not insured by the FDIC; not a deposit or other obligation of, or guaranteed by, the financial institution; and subject to investment risks, including possible loss of the principal amount invested.