Northeast Bank announced Salvatore “Sal” Salzillo has joined the bank’s Loan Acquisition and Servicing Group as Senior Vice President of Business Development. He comes to Northeast Bank with over 30 years of commercial lending experience, including real estate, lender and corporate finance.

“We are excited to have Sal join Northeast Bank. With his extensive lending and leadership experience in our industry, Sal will be a valuable addition to our Loan Acquisition and Servicing Group as we continue to grow our lending business in the years to come,” said Richard Wayne, President and CEO.

Salzillo joins the bank with leadership experience in the financial services industry, including roles in sales, credit, portfolio and capital markets at Axos (formerly BOFI Federal) Bank, KeyBank, GE Capital and Marathon Asset Management. He was formally credit trained at Shawmut Bank and is a graduate of American University.

Northeast Bank is a full-service bank headquartered in Lewiston, ME. Its Loan Acquisition and Servicing Group purchases and originates commercial loans on a nationwide basis and its SBA Division supports the needs of growing businesses nationally.