Better Health for All

Northeast Bank is a financial institution providing banking and financial services.

Its core products and services, such as loans, deposit accounts, and online banking, do not have a direct positive or negative impact on health outcomes. While the company offers a Health Savings Account (HSA), this is a financial product for managing healthcare expenses, not a health-related product or service that directly affects health outcomes, carries health risks, or requires specific health-related R&D or accessibility considerations as defined by the rubric. The company's community grant program explicitly states it does not directly address health outcomes or healthcare access. Therefore, all KPIs are scored as 'Not Applicable' or 'Neutral' due to the nature of the business and the absence of specific health-related evidence.

Fair Money & Economic Opportunity

Northeast Bank's community development loans represent 24.7% of its net loans, which aligns with the 25% threshold for inclusion lending.

The bank received an 'Outstanding' CRA rating and examiners found no evidence of discriminatory or illegal credit practices. The Walter C. Rasmussen – Northeast Bank Foundation, a 501(c) nonprofit created by the bank's founder, supports education, housing, culture, and health initiatives, but no percentage of annual pre-tax profit reinvested is provided, leading to a negative score. Bank employees provided 4,098 hours of financial expertise or technical assistance to 44 community development organizations. The bank's headquarters and one office are in moderate-income geographies, and it supports programs in specific Maine counties, but less than 5% of its service points are in underserved areas.

No War, No Weapons

No evidence was found in the provided articles to assess Northeast Bank against any of the KPIs for the 'No War, No Weapons' ethical value. The articles primarily contained general corporate information, annual report availability,

and high-level statements about compliance and community development without specific details related to arms, defense, or conflict-related activities or policies.

Planet-Friendly Business

No specific, concrete data points for any of the Planet-Friendly Business KPIs for NBN.US were found in the provided articles. explicitly states that most of its environmental data pertains to Northeast Bank (NBN) in Bangladesh, not NBN.US.

The other articles focus on community outreach, financial data, or general ESG risk ratings without providing quantitative environmental performance metrics for NBN.US.

Respect for Cultures & Communities

Northeast Bank has established at least 7 formal partnerships with local community groups, including the Rasmussen Center, Neighborhood Health Source, Eastside Neighborhood Services, and various food pantries such as Bethel Area District Exchange & Food Pantry, Augusta Food Bank, Good Shepherd Food Bank, and Preble Street Resource - Portland Food Pantry.

The bank also provides an email address (COMMUNITYRELATIONS@NORTHEASTBANK.COM) for community inquiries. Funding decisions for community support are generally made within 30-60 days of submission.

Safe & Smart Tech

Northeast Bank has trained 93% of its frontline staff in the AARP BankSafe™ program.

The company's digital privacy policy states that customers can access and update their information and opt-out of marketing emails. For authentication, the policy requires an IP address to remain static during a session, with sessions terminated if the IP changes. The company states it uses appropriate security standards and procedures to control access to customer information and complies with applicable laws and regulations.

Zero Waste & Sustainable Products

No information was found in the provided articles regarding Northeast Bank's performance on waste diversion rates, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design principles, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audit frequency, zero waste certification, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education.

The articles primarily contain financial reports and SEC filings.