 PORTLAND, Maine, March 01, 2021 GLOBE NEWSWIRE -- Northeast Bank the Bank NASDAQ: NBN announced today the Board of Directors has elected Matthew Botein as the Chairman of the Board of Directors. Mr. Botein is a member of the Banks Risk Management Committee and Loan and Investment Committee and serves as Chairman of the Banks Compensation Committee. Mr. Botein succeeds Robert R. Glauber as Chairman of the Board of Directors of the Bank. Mr. Botein has been a member of the Board of Directors since 2010. 