NorthEast Community Bank

Summary

Northeast Community Bancorp, Inc. operates as the holding company for NorthEast Community Bank that provides financial services for individuals and businesses. It accepts various deposit instruments, including checking accounts, money market accounts, regular savings accounts, and non-interest bearing demand accounts. The company also offers construction, commercial and industrial, multifamily and mixed-use real estate, non-residential real estate loans, and consumer loans. In addition, it invests in various types of liquid assets, including U.S. Treasury obligations, municipal securities, deposits at the Federal Home Loan Bank of New York, and certificates of deposit of federally insured institutions, as well as securities of various federal agencies, and of state and municipal governments. Further, the company offers investment advisory and financial planning services; and life insurance products and fixed-rate annuities. It operates seven full-service branches in New York and three full-service branches in Massachusetts; and loan production offices in White Plains and New City, New York, as well as Danvers, Massachusetts. The company was founded in 1934 and is based in White Plains, New York.

History

NorthEast Community Bank was founded in 1991 to provide community-oriented banking and lending services to individuals, businesses, and non-profit organizations. Today, we are an established leader in our industry, with branches in Rhode Island, Massachusetts, and Connecticut.

Mission

We strive to deliver superior quality financial services, products and advice to our customers and communities through long-term relationships with both customers and employees.

Vision

To be the leading provider of community banking services in our markets, offering a broad range of banking, lending and treasury management services that meet the financial needs of our customers and communities.

References

https://in.investing.com/equities/northeast-communications

https://finance.yahoo.com/quote/NECB/profile?p=NECB

https://www.crunchbase.com/organization/northeast-community-bank

https://www.necommunitybank.com

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