June 23, 2017 1:47 AM ET


Company Overview of Katahdin Trust Company

Company Overview

Katahdin Trust Company provides banking services to individuals and businesses. It offers personal banking services that include checking and savings accounts, certificates of deposit (CDs), individual retirement accounts, education savings accounts, and money market accounts; and mortgage loans, consumer loans, and home equity loans and lines of credit. The company also provides business banking services that include checking and savings accounts, money market accounts, CDs, and CD account registry services; and business term loans, business mortgages, business lines of credit, agency guaranteed programs, business letters of credit, municipal loans, and business credit cards. In addition, i...

11 Main Street

PO BOX 450

Patten, ME 04765

United States

Founded in 1918





Key Executives for Katahdin Trust Company

Chief Executive Officer and President
Vice President and Business Development Officer
Senior Vice President
Senior Vice President of Retail Services
Executive Vice President of Commercial Services
Compensation as of Fiscal Year 2016.

Katahdin Trust Company Key Developments

Katahdin Bankshares Corp. Declares Dividend on Common and Preferred Stock for the Second Quarter of 2017, Payable on June 23, 2017 and July 15, 2017 Respectively

Katahdin Bankshares Corp. announced that it has declared a cash dividend of $0.10 per share for the second quarter of 2017. The dividend will be payable on June 23, 2017 to all shareholders of record as of June 16, 2017. The company also declared a cash dividend on its preferred stock Series D of $54.6875 per share for the second quarter of 2017. The preferred stock Series D dividend will be payable on July 15, 2017 to shareholders of record as of July 5, 2017.

Katahdin Trust Company to Close Branch Offices Located in Easton, Limestone and Washburn

Katahdin Trust Company has announced that on January 31, 2017 they will close branch offices located in Easton, Limestone and Washburn and modify days of operation in Island Falls and Oakfield. Employees will be able to apply for open positions within the Bank. Customers will not experience any changes to their accounts and can visit any Katahdin Trust branch for in-person transactions.

Katahdin Trust Announces Promotion of Natasha Mccarthy to Human Resources Director

Katahdin Trust announced on Sept. 15, 2016 the promotion of Natasha McCarthy to human resources director. McCarthy joined Katahdin Trust in 2009 as a human resources assistant and was promoted to human resources generalist in 2014, the position she held until her recent promotion. With her new duties she will be responsible for developing and implementing human resource policies and procedures to recruit and retain the best possible staff to provide superior customer service to the bank's customers.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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