Northeast Bancorp Salary

As of August 2026, the average hourly salary for employees at Northeast Bancorp in the United States is $48. This translates to an approximate annual wage of $99,077. Salaries at Northeast Bancorp typically range from $42 to $54 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Northeast Bancorp

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Is Northeast Bancorp’s Pay Competitive? Salary Benchmarking Analysis

How does Northeast Bancorp's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
US Bank $44
-6.8%
Typical compensation structure for smaller regional agencies like US Bank.
Chemical Bank & Trust $44
-7.1%
Normalized for lower cost-of-living zones where Chemical Bank & Trust primarily operates.
U S Bank Sba Division $48
+0.4%
Suggests U S Bank Sba Division utilizes a highly similar base-plus-benefits compensation model.
North Dallas Bank & Trust Co $46
-3.4%
North Dallas Bank & Trust Co likely leverages performance bonuses over the high base salary shown here.
Financial Services Industry $59
+22.6%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Northeast Bancorp

Considering a career at Northeast Bancorp? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Management is reliable but rarely involved in day-to-day decisions. The company culture is professional, though sometimes bureaucratic, which can limit innovation and agility. Policies are well documented, but application varies by department. The commitment to ethical financial practices here is unwavering, creating a strong sense of pride and trust among the team.
This financial services organization stands out for its progressive approach to banking and finance. Mental health resources are promoted without stigma. It’s refreshing to work where leadership promotes trust, teamwork, and professional autonomy. Benefits are robust, with excellent healthcare, retirement plans, and wellness initiatives. Employee feedback is acknowledged but rarely results in chan...
Everyone is focused on improvement—of systems, service, and self. This company offers outstanding opportunities for professional growth. Travel policies are employee-friendly. This professional environment is highly motivating and creates a stimulating workplace where best practices are shared, and collective expertise elevates our performance.

Northeast Bancorp Overview

Website
www.northeastbank.com
Founded In
1872
Employees
100 - 200 employees
Industry
Financial Services
Headquarter Address
27 Pearl St Portland Maine ME 04101
Revenue
$50 Million - $200 Million
Phone Number
+1 2077741426
Social Media
About Northeast Bancorp
Founded in 1872 and headquartered in Lewiston, Maine, Northeast Bank is a full-service bank providing checking, savings, cash management, and more.

What Benefits Does Northeast Bancorp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Northeast Bancorp offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Portland?

Understanding the cost of living near Portland is key to truly evaluating a salary offer or your current compensation at Northeast Bancorp.
Portland's Cost of Living Index is approximately 110.8 (10.8% more expensive than US average; 9.2% more than ME average). Largest ME city, popular, foodie scene, housing costs significantly above ME avg. METRO bus, ferry. When planning your budget based on a salary from Northeast Bancorp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,600 - $2,400+ A significant portion of Northeast Bancorp salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $45 (METRO monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,085 - $4,855+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Northeast Bancorp

1. What is the typical salary range (low to high) for most roles at Northeast Bancorp?

The typical salary range for most roles at Northeast Bancorp is approximately from $42 to $54 per hour. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Northeast Bancorp pay compared to US Bank?

The average annual salary at Northeast Bancorp is $99,077, or an hourly wage of $48, in comparison to US Bank which pays $92,379 per year or $44 per hour.

3. Do salaries differ significantly between departments at Northeast Bancorp?

Yes, salaries often differ between departments at Northeast Bancorp due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Northeast Bancorp?

Experience level is a significant factor in determining salary at Northeast Bancorp, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Northeast Bancorp in Portland is fair given the local cost of living?

To determine if a salary offer from Northeast Bancorp in Portland is fair, first compare the gross salary to our data for similar roles at Northeast Bancorp and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Portland" to understand its purchasing power.

6. What are the key factors that influence salary levels at Northeast Bancorp?

Several key factors influence salary levels at Northeast Bancorp. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Northeast Bancorp likely benchmarks its salaries against other companies in the Financial Services sector. You can explore how these factors play out in our detailed salary data.