AUBURN – Jack Trinward has retired from the Board of Directors of Northeast Bancorp, the parent company of Northeast Bank, FSB and Northeast Financial Services Inc.

A dentist in Bethel, Trinward joined the board of Bethel Savings Bank in 1956. He remained an active member through the creation of Bethel Bancorp, a merger with Brunswick Federal Savings Bank, the purchase of several KeyBank branches, formation of Northeast Bancorp, creation of a financial services division, Northeast Financial Services, the purchase of Cushnoc Bank & Trust, and eventually Kendall Insurance.

Trinward was chairman of the Bethel Bancorp board from 1987 to 1996, and then chairman of the Northeast Bancorp Board from 1996 to 2003.

“Jack’s leadership has guided our bank through a period of phenomenal growth: from a single branch to 14 locations, and from assets of $47 million to $470 million this past year.” said Jim Delamater, president and chief executive officer of Northeast Bank. “Jack has been a champion of our development of a mission that is dedicated to the delivery of value to our customers, employees, shareholders and the communities we serve.”

Judy Kelley, president of Consumers Maine Water Company, was elected chairwoman of the board in 2003, along with John Rosmarin, president of Saunders Manufacturing, as vice chairman.

Northeast Bancorp, which trades on the American Stock Exchange under the symbol of NBN, is the parent company of Northeast Bank, FSB and Northeast Financial Services, Inc.