The Northeast Community Bancorp currently operates three branch offices and one loan production office in Massachusetts.
The Bank is also under process to establish and license a new insurance agency as its subsidiary in Massachusetts, to provide certain insurance products to its customers and the general public.
NECB chairman, president and chief executive officer Kenneth Martinek said: "We believe that the addition of the insurance agency subsidiary will compliment the existing services offered by Hayden Wealth Management, a division of the Bank that provides investment advisory and financial planning services to customer and the general public."
As a federally chartered savings bank, NECB operates four full-service offices in New York, three full service branches in Danvers, Plymouth and Framingham, Massachusetts and loan production offices in Danvers, Massachusetts and White Plains, New York.
