We Put People First
Who We Are
Northeast Bank is a premier independent community bank committed to providing quality products and exceptional service. Our story begins in 1947 when Northeast Bank was founded by a handful of local business people to address the need for a local bank. Previously, the only bank serving the Northeast Minneapolis area had been purchased by another bank and relocated, leaving the area without even a branch office.
Even though the State of Minnesota had not issued any new bank charters during the previous 25 years, the Northeast Bank founders were undaunted. They were motivated by the banking needs of local businesses and families and decided to do something about it. Ray Mikolajczyk, Ray Julkowski, Walter Larson, Walter Kostick, and Walter Warpeha gathered a group of other community leaders and residents, chartered a bus and took their petition for a bank charter to the Minnesota State Capital. The charter for Northeast Bank was granted on November 20, 1947.
What We Offer
At Northeast Bank, we work with others to meet community needs. Local businesses are important to us and our community. That is why we go to great lengths to help them grow.
Our experienced team of business bankers works with you to put together financial solutions that are right for your business. We offer business financing from equipment loans to business lines of credit. We offer competitive rates on commercial real estate loans and work with SBA loan and community development loan programs to provide financing for small and start-up business that need an opportunity to grow.
We believe in giving you the choice to bank how and where you want with services like online banking & bill pay and mobile banking — so you can stay connected to your accounts from anywhere, at any time. For your convenience, we offer checking with eRewards, auto loans and home equity lines of credit. From opening your first savings account to taking distributions from your IRA, and everything in between, we are your go-to bank for every important stage of your life.
Northeast Bank has continued the tradition of working with others -- from working with local school children, to helping grow businesses in our area, and supporting community organizations. Our philosophy of putting people first, and trusting that profitability will follow, has been proven true for more than half a century. As our clients have prospered, so has Northeast Bank and, in turn, the community we serve. We value long-term relationships with customers, employees, and our communities. We strive to offer you cutting edge technology coupled with a high level of personal service.