Northeast Bancorp : Hilary Laramore-Jones Joins Northeast Bank as AVP, Commercial Services Manager
July 28, 2014 at 06:29 pm EDT
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Northeast Bank announced today that Hilary Laramore-Jones, formerly of Bangor Savings Bank, has joined the Bank as AVP, Commercial Services Manager as part of its Commercial Lending Team.
Hilary has more than 14 years of experience in banking, specializing in commercial banking services. Most recently, Hilary served as AVP, Business Banking Services Manager at Bangor Savings Bank. Prior to her role at Bangor Savings she was at Citizens Bank for 9 years, first as a Mortgage Loan Processor and Underwriter and later as a Senior Commercial Relationship Assistant. At Northeast Bank, she will be responsible for the development, maintenance, and servicing of the Bank's commercial lending portfolio - including client acquisition, cash management support and retention.
In her spare time, Hilary is actively involved with a local non-profit organization, A Company of Girls. She resides in Portland, Maine with her daughter.
About Northeast Bank
Northeast Bancorp (NASDAQ: NBN) is the holding company for Northeast Bank, a full-service bank headquartered in Lewiston, Maine. Northeast Bank offers traditional banking services through its Community Banking Division, which operates ten full-service branches and six loan production offices that serve individuals and businesses located in western and south-central Maine, southern New Hampshire and southeastern Massachusetts. Northeast Bank's Loan Acquisition and Servicing Group purchases and originates commercial loans for the Bank's portfolio. ableBanking, a division of Northeast Bank, offers savings products to consumers online.www.northeastbank.com.
Northeast Bank (the Bank) is a full-service financial institution. The Bank gathers retail deposits through its seven full-service branches in Maine and through its online deposit program, ableBanking; purchase and originate commercial loans, typically secured by real estate, on a nationwide basis through its National Lending Division, and originate loans through the Community Banking Division and Small Business Administration (SBA) National Division. The National Lending Division purchases primarily performing commercial real estate loans, on a nationwide basis, typically at a discount from their unpaid principal balances. The National Lending Division also originates commercial real estate and commercial and industrial loans on a nationwide basis. The SBA National Division originates loans to small businesses to help provide funding opportunities nationally. The Community Banking Division originates loans directly to businesses located in its market area.
NORTHEAST BANK 
