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On Thursday, April 25, Belva Rasmussen was inducted into the inaugural Minnesota Women Business Owners Hall of Fame. The Minnesota Women Business Owners Hall of Fame honors and recognizes Minnesota’s most successful female entrepreneurs and their advocates who have made significant and enduring contributions to impact women’s entrepreneurial development in Minnesota. Belva has been the Chair of the Board at Northeast Bank since 1991. Congratulations, Belva!

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May 25, 2013

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 Expiration of the Temporary Full FDIC Insurance Coverage for Non-Interest Bearing Transaction Accounts

Beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyers Trust Account) will no longer receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor’s accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.

For more information about FDIC insurance coverage of noninterest-bearing transaction accounts, please visit with one of our customer service representatives or visit: http://www.fdic.gov/deposit/deposits/unlimited/expiration.html.