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BUSINESS » Employee Services

With an aging workforce in Maine, competition for today’s workers is tough. Let Northeast Bank help you maximize your benefits value, so you can attract and retain the best and the brightest for your team.

Your benefits costs are increasing at an alarming rate; averaging just over 12.5% over the past three years alone. And, we don’t have to tell you about health insurance costs, rising roughly 18% in those same three years, costing employers $1.85 per hour worked.

Find solutions that maximize your funds, manage investments and control taxes. Northeast Bank consults with you to create a tailored benefits package that meets the needs of both you and your employees.

Maximize Dollars

• Group Health & Dental
• Life Insurance & Accidental Death
• Disability Insurance
• Long-term Care Insurance
• Supplemental Insurance through AFLAC

Manage Investments

• Group Health & Dental
• 401(k) Plan Design & Administration
• Retirement Planning
  • Profit Sharing Plans
  • Money Purchase Pension Plan
  • 403(b) Plans
  • SIMPLE IRA Plans
• Executive Compensation
• Employee Stock Ownership Programs
• Confidential Financial Counseling for Employees

Control Taxes    

• Deferred Compensation Plans
• Health & Dental
• Health Savings Accounts
  

Other Value-Added programs

• Exclusive Banking Program
• Group Insurance Plan for Property & Casualty

The team at Northeast Bank understands the business marketplace and more importantly, gets to know your unique situation. Creating a valuable benefits program starts with a solid relationship, where our goal is to help you protect your most valuable assets and achieve financial freedom.