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Northeast Bank

Northeast Bank TV Commercial - 2010

Northeast Bank (NBN) Shares Sold by Russell Investments Group Ltd.

Russell Investments Group Ltd. trimmed its holdings in shares of Northeast Bank (NASDAQ:NBN) by 21.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 178,410 shares of the financial services provider’s stock after selling 50,149 shares during the period. Russell Investments Group Ltd. owned approximately 2.00% of Northeast Bank worth $3,657,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the company. Dimensional Fund Advisors LP increased its holdings in shares of Northeast Bank by 30.7% during the first quarter. Dimensional Fund Advisors LP now owns 230,069 shares of the financial services provider’s stock valued at $4,716,000 after purchasing an additional 54,048 shares during the period. New York State Common Retirement Fund increased its holdings in shares of Northeast Bank by 231.0% during the first quarter. New York State Common Retirement Fund now owns 25,820 shares of the financial services provider’s stock valued at $529,000 after purchasing an additional 18,020 shares during the period. BlackRock Inc. increased its holdings in shares of Northeast Bank by 1.9% during the first quarter. BlackRock Inc. now owns 316,539 shares of the financial services provider’s stock valued at $6,489,000 after purchasing an additional 5,782 shares during the period. Northern Trust Corp increased its holdings in shares of Northeast Bank by 3.0% during the first quarter. Northern Trust Corp now owns 82,221 shares of the financial services provider’s stock valued at $1,686,000 after purchasing an additional 2,396 shares during the period. Finally, Alpine Woods Capital Investors LLC acquired a new position in shares of Northeast Bank during the first quarter valued at $256,000. 51.02% of the stock is currently owned by institutional investors.

Twenty years of award winning community news

Twenty years ago, on July 1st, 1998, this community-minded News-Dog turned the faded knob of a storefront newspaper, then at 4603 St. John, and a new era in community journalism was born. Back then, the Northeast News was largely devoid of relevant news and was dedicated to advertorial copy, puff-pieces if you will, that had more to do with their bank of advertisers than it did community journalism.

That changed almost immediately with our first Editor Norman Mason and his faithful sidekick and Photo Editor, Brad Finch. The new Northeast News was off and running. Turning that faded knob didn’t happen overnight. That process began in January of 1998 when Ross Cascio, Principal at Victor Ross Real Estate, offered up the little nugget that the Northeast News, under the ownership of Terry Brock, was for sale. Nothing perked up the news-dog’s ears like an opportunity to provide good, relevant community news to a community with so much going on. After all, the Dog had started a community newspaper for the then-fledgling Northeast Chamber, called The Citizen, because there was no community voice, only something people used for bird cage liner and puppy training. Thankfully, Bill Dana and the late Ed Huwaldt at Central Bank of Kansas City saw value in our business proposal, loaning the necessary capital to re-launch an aging brand and offer news – real news – to a community on the upswing.

How good/bad is Citizens Bank (northeast)?

I'm with Navy Federal Credit Union, but I'll have to switch soon because I'll be out of college and I'm not in the military. How good/bad is Citizens Bank? Are there account maintenance fees? How is customer service? How convenient is it?


Answers to all theses questions depend on where you live in relationship to the bank.. the closer you are.. the more convenient... Without knowing your banking habits, anything after that is a guess at best...