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If you are a Northeast Bank Debit Card holder and plan to leave the state or country, please contact a Personal Banker at one of our three locations to let us know. Our Personal Bankers can make security adjustments to your debit card to ensure hassle free use of your card during your time away.

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Bill Pay is an online payment service offered free of charge to all customers with any Northeast Bank checking account. Do you utilize this service (or if not, are you familiar with it)?

 
 
 
 
 
January 28, 2012

Northeast Bank is a premier independent community bank committed to providing quality products and exceptional service. Northeast Bank values long-term relationships with customers, employees, and the communities we serve. Our strong sense of values and financial success attracts and retains customers and employees, making Northeast Bank a model for businesses and our communities. Our core values are based on the premise that by putting people and relationships first, profitability follows.

Key to our success is offering high tech service with a personal touch. Whether you need basic Internet banking or full cash management services, Northeast Bank provides cutting edge technology coupled with a high level of personal service. Our offices are located in Northeast Minneapolis, Columbia Heights and Coon Rapids.

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NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE
FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS


All funds in a “noninterest-bearing transaction account” are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012.  This temporary unlimited coverage is in addition to, and
separate from, the coverage of at least $250,000 available to depositors under the FDIC’s general deposit insurance rules. 


The term “noninterest-bearing transaction account” includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest.  It also includes Interest on Lawyers Trust Accounts (“IOLTAs”).  It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts and money-market deposit accounts.


For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.