NorthEast Community Bancorp (NECB) appoints Lynette Bennett after Linda Swan retires
Rhea-AI Filing Summary
NorthEast Community Bancorp, Inc. reported a change in its board of directors. On January 20, 2026, director Linda M. Swan retired from the boards of both the company and its subsidiary, NorthEast Community Bank. The company stated that her retirement was not due to any disagreement regarding operations, policies, or practices.
On January 22, 2026, the boards of the company and the bank appointed Lynette Bennett as a director to fill the vacancy created by Ms. Swan’s retirement. Ms. Bennett was not appointed to any board committee in connection with this appointment. The company noted there are no arrangements or understandings with any person under which she was selected and that there have been no transactions involving her requiring disclosure under Item 404(a) of Regulation S-K.
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FAQ
What board changes did NorthEast Community Bancorp (NECB) disclose?
NorthEast Community Bancorp disclosed that Linda M. Swan retired as a director of both the company and NorthEast Community Bank, and that Lynette Bennett was appointed as a director to fill the resulting vacancy.
Why did Linda M. Swan retire from the NECB board?
The company stated that Ms. Swan’s retirement was not the result of any disagreement with NorthEast Community Bancorp or NorthEast Community Bank regarding their operations, policies, or practices.
Who is replacing Linda M. Swan on the NorthEast Community Bancorp board?
Lynette Bennett was appointed by the boards of NorthEast Community Bancorp and NorthEast Community Bank to serve as a director, filling the vacancy created by Ms. Swan’s retirement.
Was Lynette Bennett appointed to any NECB board committees?
No. The filing states that Ms. Bennett was not appointed to serve on any committee of the company’s board of directors in connection with her appointment as a director.
Were there any special arrangements for Lynette Bennett’s appointment to NECB’s board?
The company reported that there are no arrangements or understandings with any person pursuant to which Ms. Bennett was selected to serve as a director.
Does NECB report any related-party transactions involving Lynette Bennett?
The company stated there have been no transactions directly or indirectly involving Ms. Bennett that would need to be disclosed under Item 404(a) of Regulation S-K.