September 3, 2010
2009 Highlights
- Northeast Bank was honored to receive the 2009 Quality of Life Award for our work with East Side Neighborhood Services (ESNS).
- Community Reinvestment is a core value for Northeast Bank. We were notified in April of 2009 that we had achieved an "Outstanding" CRA rating by the FDIC. Northeast Bank was one of only eight banks in the Twin Cities to hold that ranking. Northeast has consistently achieved an "Outstanding" rating since 1997.
- Northeast Bank is one of the top women owned businesses. The Minneapolis St. Paul Business Journal has ranked us number 12 of the top 25.
- Northeast Bank received the Minnesota Keystone "Honored Company" award. The Bank was selected based on our extensive and long running volunteer outreach program.
- During 2009, Northeast Bank staff contributed more than 4000 hours in community service.
- Andrea Murphy, assistant vice president and commercial lender at our Columbia Heights office, graduated from the Risk Management Association Commercial Lending Academy.
- Al Kordiak, a Northeast Bank board member, was honored for his career as an Anoka County Commissioner and the impact his service has had on Anoka County.
- Gail Mikolich graduated from the Graduate School of Banking in Colorado. She was ranked in the top 10% of her class. The Minneapolis St. Paul Business Journal also chose Gail as a "Woman to Watch".
- Sue Johnson was honored by Finance and Commerce as on of the Top Women in Finance.
- Northeast Bank achieved deposit growth of 2% and remains strongly capitalized at a capital ratio of 12%.
