NECB - Northeast Community Bancorp: Great Returns But Risky Loans
2025-07-29 09:03:38 ET
NorthEast Community Bancorp (NASDAQ: NECB ) is a relatively small, recently converted thrift with eleven branches, most of which are in the New York City area. They had about $2 billion in total assets as of June 30, 2025, and mostly originate short-term, interest-only construction loans for residential properties....
Northeast Community Bancorp: Great Returns But Risky Loans