Katahdin Trust

Katahdin Bankshares Corp. operates as the holding company for Katahdin Trust Company, a state-chartered commercial bank that provides a range of commercial and retail banking services for individuals and businesses in Maine. It offers various deposit products comprising checking and savings accounts, money market accounts, certificates of deposit,... individual retirement accounts, and Coverdell education savings accounts. The company also offers personal loans and lines of credit, such as mortgage, consumer, and home equity loans; and business loans and lines of credit comprising business term loans, business mortgages, agency guaranteed programs, business letters of credit, and municipal loans. In addition, it provides debit and credit cards, telephone banking, ATMs, online banking and bill payment, mobile and text banking, eStatements, reorder checks, and merchant services, as well as eCheck deposit, a service that enables the customer to make deposits electronically. Further, the company offers equipment financing services in the trucking, construction, forest products, and marine industries; and securities and insurance products. Katahdin Bankshares Corp. was founded in 1918 and is based in Houlton,...Read More