Katahdin Trust Company

Savings

  

Business Savings

Health Savings Account

A Health Savings Account (HSA) is a tax-favored account used in conjunction with an HSA-compatible health plan. Discover how an HSA program can benefit both you and your employees.

 

Business Statement Savings

Provides a convenient method to save with ready access to your funds. Open with as little as $10.
  • Unlimited deposits.
  • Easy access to your funds with unlimited in-person or ATM withdrawals/transfers.
  • Up to six transfers per calendar month by Easy Phone Banking, Online Banking, or preauthorized transfer.  
  • Variable rate of interest paid on all balances, credited to your account monthly.
  • Detailed monthly statement shows deposits, withdrawals, and interest earned.
  • Direct deposit available.
  • Automatic transfer service available.
  • Low $10 minimum required to open the account.
  • $50 average daily balance required to avoid a $1.00 per month maintenance fee.
View Rates
Please refer to our "Fees for General Services" brochure for additional fees that may apply.