Portland, MAINE (3/4/10) – Norman Patry’s journey from the desk of an investment office to a bicycle seat in coastal Maine is not just the story of a man who pursued – and caught – his dream. It’s also a tale of how one person’s vision can inspire others.

Patry’s business, Summer Feet, is celebrating its 10^th anniversary, in providing van-assisted bicycle tours, where all lodging, food and other logistics are handled for clients.

The business grew out Patry’s cross-country bicycle adventure, which he took as a break from his work with annuities and other financial instruments, even though he had not being on a bike for 13 years. Today, Summer Feet trips spur others to get out of their homes and, in many cases, onto bicycles for the first time in years.

“I hadn’t been on a bicycle outside for at least 16 years,” said Colleen Harwood, a nurse who lives in Bolton, Mass. “But two years ago, I decided to take a trip with Summer Feet to coastal Maine, as a way to get my husband away from his Blackberry and laptop.”

“A trip like that just does so much good for your psyche,” she said. “You let things go.”

The day after her return from the trip, Harwood bought a bicycle. She is now an avid cyclist who has twice completed 50-mile fundraising rides for charity. It also helped her reconnect with family, she said.

“This trip said to my husband and me that we really are still connected as a couple and can have fun together,” Harwood said. “I think it’s good for any relationship to do something like this.”

Summer Feet offers bicycle tours to some of the most stunningly beautiful locations in New England, Canada and New Zealand. Four new trips are planned for this summer. Two are geared for all cyclists:

• Quebec, where riders will take the Route Verte, which was first among the Top Ten Bike Routes selected by National Geographic Magazine. The trip includes Quebec City, as well as historic villages and beautiful natural features such as the spectacular Montmorency Falls.

• Cape Breton, which has been described by Bicycling Magazine as one of the best rides in North America. This trip includes Cape Breton Highlands National Park and incorporates the Scottish flavor to be found in this part of Nova Scotia.

Summer Feet’s other two new trips are being adapted to meet the needs of deaf people. These vacations will be led by experienced bicycle-trip guides who also are fluent in American Sign Language. The first of these trips will take place Aug. 27-29, in and around Acadia National Park, near Bar Harbor, Maine. The other will be Sept. 24-26 to the area around scenic Camden, Maine.

“It’s amazing how much I’ve learned doing this,” Patry said. “I love riding my bike, of course. That’s how I got started. But I also really enjoy the other part of the business — making sure clients have incredible, sometimes life-changing experiences.”

Andrea Schall took a Summer Feet trip to the Maine coast in 2006, even though she was not much of a bicyclist at the time.

“It was one of the best vacations I’ve ever been on. Norman and his guides totally understand what you need, and they take care of you,” said Schall, who lives in Los Angeles. “It actually got me into biking to the point where I bought a bicycle and bike all the time now.”

Summer Feet is different from many of the large tour operators, in its ability to find unique local experiences that higher-volume businesses miss. His trips to Camden, Maine, for example offer sunset dinner cruises on schooners.

“Summer Feet is very purposeful in how they run the trip to make sure that you have a wonderful experience,” said Tom Braun, a middle school teacher from Iowa who was an active bicyclist even before his first Summer Feet trip. “A lot of the places you stay are right on the water. The food is great. And you don’t carry a suitcase at any time in the trip, because they take care of all that for you.”

Patry began his cross-country trip by taking a book out of his local library and getting a map of Virginia through the Adventure Cycling Association. A few years later, he stopped working with finance in Massachusetts, so that he could move to Maine and start Summer Feet.

“The first year we had 11 clients, total,” Patry said. “Today, we help hundreds of people explore beautiful, new areas every year. Some of our clients bike all the time. But others really fall in love with bicycles on our trips, the same way that I did on that ride across America.”

Based in Portland, Maine, Summer Feet offers travelers assisted bicycle tours and the most-authentic experiences available of beautiful locations in Maine, Canada and New Zealand. Summer Feet has a decade of experience in providing van support, knowledgeable guides and logistics for memorable bicycle vacations. More information is available at www.summerfeet.net, via email to info@summerfeet.net, or by phone at 866-857-9544.

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Lewiston, MAINE (February 25, 2010) – More than 100 community members, officials and residents came out this morning to celebrate the completion of the Birch Hill Senior Housing Project that has created affordable homes on what had been a long-vacant property

Photo from left to right: Jim Delamater, Northeast Bank; Ron Philips, Coastal Enterprises; Margaret Bean, Maine Housing (behind); Lucie Ottati, Birch Hill Resident; Kevin Reilley, Benchmark Construction (behind); Governor John E. Baldacci; Richard Berman, Development Collaborative; Mayor Laurent Gilbert, City of Lewiston.

The event at the corner of Birch and Knox streets in Lewiston featured speakers from the collaborating partners of the project who spoke on the importance of affordable senior housing in Maine, the various challenges that the project faced and the successful collaboration of local and state organizations. Facility tours were given and refreshments were provided by Willie Bean’s.

“Birch Hill is one of those projects that has truly had a positive impact on the community. These economic times are unprecedented, and capital is the difference between a project like Birch Hill coming to fruition or simply being a plan on the shelf. That is why we believe it is imperative for those of us who can, to work together to continue to invest in our future,” said Jim Delamater, President and CEO of Northeast Bank.

“The real story of Birch Hill is in how it got created. It is a story of collaboration and leadership. It involved collaboration of many key partners and it is a story of leadership as each partner had to exert their individual leadership to create the development. Hopefully, we will see more projects like this over the coming year and we are thankful that this development came to fruition for the residents and the community,” said Richard Berman of Developers Collaborative.

Also featured at Thursday’s event was Lucy Ottati, a new resident of the Birch Hill Apartments. She shared her gratitude and excitement about her new home.

“It’s a joy to wake up every day in a place surrounded by activity. To look outside my apartment and see kids getting off the school bus and having people around really makes me feel part of a community, and I’m just honored to be living here.”

Local and state officials were also present, including representatives from Senator Olympia Snowe’s and Congressmen Michael Michaud’s’ offices. Mayor Larry Gilbert of Lewiston spoke about the project being a part of Lewiston’s revitalization and the city’s goals for the future.

“The City of Lewiston continues to seek out and embrace opportunities to grow and develop through worthwhile projects like this one, even amidst the struggles of the current economy. . . We will continue to invest and reach out to our partners to do what needs to be done to meet the needs of our community and our residents.”

Gov. John E. Baldacci attended the event as the keynote speaker. He congratulated the partners of the project on their success and also spoke on the importance of collaborative development in the state.

The Birch Hill Senior Housing project has created 20 units of simple yet elegant affordable elderly rental housing in a new building in downtown Lewiston. The unit mix includes 17 one-bedroom units and 3 two-bedroom units, with 5 units to be fully handicapped accessible. All 20 of these units will be targeted to households aged 55 or older with incomes at or below 60% of Area Median Income (AMI). Wireless broadband access is built in to the facility and a computer is available in the community room for residents. The building also has a laundry room available to residents.

The Birch Hill Senior Housing project started construction a year ago on a 15 year vacant lot in the heart of Lewiston’s downtown. Its completion was made possible through a public-private partnership between the City of Lewiston, Lewiston Housing Authority, Maine State Housing Authority, Coastal Enterprises Inc., Northern New England Housing Investment Fund, Benchmark Construction, Developers Collaborative and Northeast Bank.

About Northeast Bank

Northeast Bank, a leader in delivering one-stop shopping for financial services, is headquartered in Lewiston, Maine and is a wholly-owned subsidiary of Northeast Bancorp (NASDAQ: NBN). The Company has approximately $612 million in assets as of December 31, 2009 and operates 26 retail outlets, including 11 bank branches, 15 insurance offices and 3 financial centers serving the financial needs of western, central, mid-coastal and southern Maine, as well as seacoast New Hampshire. Information regarding Northeast Bank can be found on its website at www.northeastbank.com or by contacting 1-800-284-5989.

Fan NEB on Facebook * Join the NEB group on LinkedIn * Follow NEB on Twitter: @northeast_bank * Check out the NEB YouTube Channel

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Lewiston, MAINE (February 22, 2010) – Northeast Financial, located at Northeast Bank, announces the hiring of two new financial consultants, Matthew Simard* and Michael Robin*, and one new registered customer services specialist, Helen Belisle.  Simard & Robin are Registered Representatives and Investment Adviser Representatives of Commonwealth Financial Network.

Simard, Belisle and Robin have joined Northeast Bank as a team of financial specialists who will help clients pursue their financial goals through creating and implementing a comprehensive long term plan.  This is an ongoing process that will be specifically tailored to their clients’ needs and risk tolerance.

“In the current economy, people are looking to experienced professionals for help, so we are excited to bring on Matt, Helen, and Mike to our team of experts who provide our customers with the financial information they need,” says Jim Delamater, President and CEO of Northeast Bank.

Simard has as Bachelor of Administration in Economics from Colby College in Waterville. He also sits on the Board of Advocates for Children and lives in Auburn.

Robin also has a Bachelor of Administration in Economics, with a focus in Financial Markets, from University of Maine in Orono. He volunteers at the Animal Refuge League in Westbrook and resides in Gray.

Belisle attended school at Mid Maine State College in 1994 and is an active volunteer with United Way and various elder services in her community. She lives in Greene.

*Securities and advisory services offered through Commonwealth Financial Network, Member FINRA / SIPC, a Registered Investment Adviser. Investment and Insurance products are: not insured by the FDIC; not a deposit or other obligation of, or guaranteed by, the financial institution; and subject to investment risks, including possible loss of the principal amount invested.

About Northeast Bank

Northeast Bank, a leader in delivering one-stop shopping for financial services, is headquartered in Lewiston, Maine and is a wholly-owned subsidiary of Northeast Bancorp (NASDAQ: NBN). The Company has approximately $612 million in assets as of December 31, 2009 and derives its income from a combination of traditional banking services and non-traditional financial products and services including insurance and investments; operating eleven traditional bank branches, fourteen insurance offices and three investment centers that serve seven counties in Maine and two in New Hampshire. Information regarding Northeast Bank Insurance Group, Inc. and Northeast Bank can be found on its website at www.northeastbank.com or by contacting 1-800-284-5989.

Photo from Left to Right:  Mike Robin, Helen Belisle, and Matthew Simard

Portland, MAINE (February 22, 2010) – Due to the expansion of its Mortgage division, Northeast Bank announces the hiring of Scott Blake as a new Mortgage Loan Officer serving the Cumberland County area.

Northeast Bank announced earlier this month that it has created 10 new positions to handle the increase in demand for mortgages, due in part to the expansion and extension of the Home Buyer Tax Credit program signed into effect recently for people buying homes from December 31, 2009 to June of 2010.

“Scott has been in the business for 18 years and brings a wealth of experience to our team,” Says Marcel Blais, Senior Vice President & COO of Northeast Bank. “His knowledge of the industry and experience with mortgage loans will provide an invaluable resource for our customers and other team members serving the Portland market.”

Blake earned a Bachelor of Science in Broadcasting from Ithaca College in NY and was an active participant in the Maine Housing Authority task forces. He has also won an “Excellence in Operations” Award for his work in the industry. He resides in Windham.

About Northeast Bank

Northeast Bank, a leader in delivering one-stop shopping for financial services, is headquartered in Lewiston, Maine and is a wholly-owned subsidiary of Northeast Bancorp (NASDAQ:  NBN). The Company has approximately $604 million in assets as of September 30, 2009 and operates 26 retail outlets, including 11 bank branches, 15 insurance offices and 3 financial centers serving the financial needs of western, central, mid-coastal and southern Maine, as well as seacoast New Hampshire. Information regarding Northeast Bank can be found on its website at www.northeastbank.com or by contacting 1-800-284-5989.

Fan NEB on Facebook ³ Join the NEB group on LinkedIn ³ Follow NEB on Twitter: @northeast_bank ³ Check out the NEB YouTube Channel

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Camden, MAINE (February 19, 2010) – Imagine walking down your wedding aisle on a mountaintop that overlooks the Atlantic Ocean or exchanging vows on a sailing ship as you float along a rocky coastline dotted with historic lighthouses.  In Midcoast Maine, stunning weddings come naturally.

“When you’re standing on Mt. Battie in Camden Hills, you look out and there is the ocean, stretching as far as you can see. You can see the town of Camden nestled in the harbor, and it really feels like you’re standing in the middle of a fairy tale,” says Kristin Wadsworth, who lives in the Camden area and helps couples find the wedding resources they need through the Chamber of Commerce.

Spring and summer are the most popular seasons for getting ready for weddings, and brides are planning right now for their 2010 and 2011 ceremonies. Few locations have as much to offer these couples as the alluringly beautiful Midcoast of Maine.

The best way to understand what the area has to offer is to visit for yourself. Wedding-specific resources will be showcased at the annual Midcoast Wedding Expo on April 18, 2010 from 10 a.m. to 5 p.m. at the Point Lookout Resort in Northport, Maine just north of Camden. The event is being produced jointly by the Camden-Rockport-Lincolnville and Penobscot Bay Area Chambers of Commerce.

From historic mansions and world-class resorts to charming inns, ornamental gardens and intimate islands, the towns of Midcoast Maine offer every kind of setting for a dream-like wedding and an abundance of highly skilled wedding professionals to ensure that every couple experiences their perfect day.

Location choices and planning resources are essential in any wedding endeavor. The Midcoast area is a home to dozens of beautiful venues and a large variety of experienced professionals in catering, photography, videography, wedding planning, flowers, accommodations and more.

To learn more about the Midcoast area for planning and experience a truly classic and beautiful wedding, visit www.visitcamden.com/weddings. Additional information about the Midcoast Wedding Expo is available at www.maineweddingexpo.com.

The Camden-Rockport-Lincolnville Chamber of Commerce is a non-profit membership association that serves businesses and organizations from 54 towns and seven states who actively seek to support business and community in the Camden Hills region of Maine.

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