BUCKFIELD, Maine (March 19, 2010) — Three bank names and thirty years of dedicated service, Jean Sylvester, Branch Manager for Northeast Bank in Buckfield is saying her farewells. Born and raised in Buckfield, Sylvester worked at the Bank’s Depot Street location for her entire career and has been a mainstay in the community.

Jean Sylvester said of her announcement, “It’s hard to believe thirty years has gone by, it seemed like yesterday when I started as a part time teller for Casco Bank & Trust, which became Key Bank and finally Northeast. I must say I’m going to miss the customers and knowing everyone, it’s been amazing to watch all the kids grow up and now have families of their own.”

Sylvester received numerous awards over the years for her sales and customer service efforts, including two years as Retail Sales Manager of the Year and recently two years in a row as Sales Person of Year.

“Jean was never satisfied with market share, even though Buckfield was a small town, there were no boundaries in Jean’s mind when it came to service and bringing new customers to the bank. The Buckfield branch is consistently in the top tier for growth. We will definitely miss Jean for her can-do attitude and friendly persistence, though we know she will not be too far away,” said Tom Babineau, Director of Retail Banking for Northeast Bank.

A retirement Open House to thank Jean Sylvester for her service will be held during the week of March 29th. Customers and community members alike are invited to visit, enjoy some refreshments and share a story or two with Jean. Her last day will be April 2, 2010.

What: Buckfield Branch Open House

Where: Depot Street, Buckfield

When: March 29th – April 2nd

Time: During Banking Hours

Details: The public is invited to attend. Refreshments will be served

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 23 retail outlets, including 10 bank branches, 12 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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Final Maine ocean wind bill may bar windfarms from state waters; limit them in  federal waters and encourage them in the Exclusive Economic Zone.   FMI Contact Penobscot Bay Watch  207-691-7485 coastwatch@gmail.com

AUGUSTA On March 18, 2010, Maine Legislature’s Utility and Energy Committee held a  2 hour work session on LD 1810, the bill to implement the recommendations of the Governor’s Ocean Energy Task Force.  Scroll down   to listen to the speakers and legislators at this worksession (mp3s) Listen to March 11th public hearing on LD 1810 Mp3s

Due to the presence of Maine fishermen  and oceanic beauty in virtually every square foot of Maine state ocean waters, commercial windfarm companies may be required by the legislation to keep out of Maine state waters; in exchange, the industry seeks nonconfrontation with the fishing industry further offshore.

“Fishermen, resorts, the schooner fleets, a variety of human users are already fully exploiting Maine’s nearshore natural resources.” said Ron Huber “They can only be harmed if the industrial wind companies began leasing nearshore waters.”

Because of the complexity of the 38 page bill,  (see pdf copy of LD 1810 with state waters parts highlighted) the committee could not get through the entire bill and will meet again on Tuesday at 1pm

The Maine Lobstermen’s Association will work through the weekend on acceptable wording protecting fisheries.  Doubtless other fisheries as well.  The ocean windmill industry is no doubt busy, too,  hoping to reinclude permssion to do windpower in state waters in the bill.

Listen to speakers at the March 18, 2010 Hearing

* Introduction to the Worksession 4min

* MDEP’s Beth Nagusky describes proposed changes to Bill Part A 17 minutes

* MDEP’s Nagusky Q&A session 11 minutes

* Patrice Farrell, Maine Lobstermen’s Association 3 & 1/2 minutes

* MDEP’s Beth Nagusky describes proposed changes to Part B of LD 1811

* Suzanne Sayre 2 minutes

* John Ferland Ocean Renewable Energy Corp 1 minutes

* Dianne Messer, advocate, Liberty Maine 2 minutes

* Chris O’Neill, Friends of Maine Mountains 1 minutes

* Todd Rousette (sp?) Preti Flaherty lawfirm 2 minutes

* MDEP’s Beth Nagusky describes more changes to Part B

* MDEPs Beth Nagusky on changes to Part C of bill

* MDEP’s Beth Nagusky on changes to Part D of bill

* MDEP Beth Nagusky on Changed to Part E of Bill
* MDEP Beth Nagusky questioned on Part E 7 min

* MDEP Beth Nagusky questioned more 10 minutes

* University of Maine Dr Dagher 12 minutes

* Final stakeholders and close of work session  11 minutes

The unexpectedly loud powerful opposition to the bill by Maine scallopers, shrimpers and groundfishermen, joined by ocean resort and sailing interests and conservation activist Huber, may be bearing fruit.  “We won’t just stand by and let  the Department of Conservation start leasing out Maine’s legendary fishing and sailing grounds to big energy companies out of Boston and New Jersey.” said Huber  who is the litigant in the aforementioned  Huber v Bureau of Parks and Lands lawsuit over the Monhegan floating test site.

He said the bill would allow companies to seek 20, 40 and 50 year leases over state waters. “Are we really ready for that?” Huber asked. “I don’t think so.  Neither do most fishermen I know.“    The ocean windmill industry is probably busy this weekend too, he said,  hoping to regain language in the bill allowing windpower in state waters in the bill.

Heuber said That  the Maine Lobstermen’s Association leadership, which had been negotiating behind closed doors with the wind industry, had to be taken to task by scallop, shrimp and groundfish fleets and its own rank and file  before it stopped supporting DMR’s “Prepare to Share”  campaign, as  described by George Lapointe at the  wind energy seminar at the 2010 Maine Fishermens Forum.

On March 23rd, all interests will be back in Augusta before the Utility and Energy Committee for a 1pm  final  showdown on LD 1810