Jeanne Hulit to Join Northeast Bancorp
24 1월 2014 - 2:26AM
Business Wire
Member of President Obama’s Cabinet, veteran of
Obama Administration, Maine economic team
Northeast Bancorp (“Northeast” or the “Company”) (NASDAQ: NBN),
a Maine-based full-service financial services company and parent of
Northeast Bank (the “Bank”), announced today that Jeanne A. Hulit,
Acting Administrator of the Small Business Administration (“SBA”),
will be joining the Bank in mid-February as President of its
Northeast Community Banking Division.
“We are very pleased and excited to have Jeanne leading our
Community Banking Division,” said Richard Wayne, President and CEO
of Northeast. “She brings us great experience and insight about
commercial and community banking in Maine, and a demonstrated
record of success both as a banker and Acting Administrator of the
SBA. We are fortunate to have her as part of our senior management
team, as we continue to grow our Company.”
Hulit joins the bank directly from the Obama Administration
where she served in President Obama’s Cabinet as Acting
Administrator of the Small Business Administration (SBA), a
position she held for the past five months. Prior to the cabinet
position, Hulit was the Associate Administrator of the SBA’s Office
of Capital Access where she presided over record years in small
business lending and worked to streamline and simplify the SBA’s
loan programs and expand access to the Agency’s lending programs.
Her responsibilities included the agency’s loan, microloan and
surety bond programs, credit risk management, secondary market
activity and managing financial operations centers.
"I am thrilled and excited for this opportunity," said Hulit.
"Northeast Bank is a well-respected, growing community bank in New
England and I will make sure our customers in Maine get the care
and quality they have come to expect over the years. Together, we
are going to create more economic opportunities throughout the
region and provide more credit to local businesses so they succeed
and grow."
Prior to her Washington assignment, Hulit was appointed to serve
as the SBA’s New England Regional Administrator in August 2009. As
regional administrator, Hulit was responsible for the delivery of
the Agency’s financial assistance, technical assistance and
government contracting activities throughout the six New England
states.
Hulit spent 18 years in banking, serving as senior vice
president for commercial lending at Citizens Bank, vice president
and middle market lender at KeyBank, N.A., and manager of Key’s
International Banking Division. Previously, she served as deputy
director of the International Division at the Maine Department of
Economic and Community Development. Hulit has also held a number of
civic and economic leadership roles, including her tenure as a
founder and chair of the Maine International Trade Center, and her
service as chair for the University of Southern Maine Board of
Visitors. She is a resident of Falmouth, Maine.
About Northeast
BancorpNortheast Bancorp (NASDAQ: NBN) is the holding
company for Northeast Bank, a full-service bank headquartered in
Lewiston, Maine. Northeast Bank offers traditional banking services
through its Community Banking Division, which operates ten
full-service branches and seven loan production offices that serve
individuals and businesses located in western and south-central
Maine, southern New Hampshire and southeastern Massachusetts.
Northeast Bank’s Loan Acquisition and Servicing Group purchases and
originates commercial loans for the Bank’s portfolio. ableBanking,
a division of Northeast Bank, offers savings products to consumers
online. Information regarding Northeast Bank can be found on its
website at www.northeastbank.com.
Northeast BankClaire S. Bean, 207-786-3245 ext. 3202CFO &
COOwww.northeastbank.com
Northeast Bank (NASDAQ:NBN)
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