2022
Katahdin Trust Donates $10,000 Towards Lab Project
04/28/2022 - Katahdin Trust recently made a $10,000 donation to Husson University in Bangor to support their Peabody Hall Lab Renovation Project. Read More
Katahdin Bankshares Corp. Reports First Quarter Results
04/19/2022 - Katahdin Bankshares Corp. has announced first-quarter earnings of $1.8 million, or $0.54 per common share. Read More
Katahdin Bankshares Announces Retirement of Board Member Briggs
04/05/2022 - Katahdin Bankshares Corp. has announced that Peter F. Briggs will retire from the bank’s Board of Directors on April 27, 2022, after twenty-eight years of service. Read More
Katahdin Trust Welcomes Barrett Potter
03/16/2022 - Katahdin Trust is pleased to welcome back Barrett Potter, CPA, CIA as Vice President, Information Security and Vendor Risk Administration. Read More
Katahdin Trust to Relocate Bank Branch in Scarborough
03/07/2022 - The Bank will move from their current branch location to a nearby building at 136 US Route 1 in Scarborough later this year. Read More
Katahdin Trust Donates $50,000 Towards BigRock Chairlift Campaign
03/03/2022 - Katahdin Trust recently made a significant donation towards the BigRock Mountain Chairlift Capital Campaign. Read More
Katahdin Bankshares Corp. Posts 2021 Annual Report
03/01/2022 - Katahdin Bankshares Corp. has published its annual report for the year ended December 31, 2021. Read More
Katahdin Bankshares Corp. Announces Dividend
02/23/2022 - Katahdin Bankshares Corp. announced that it has declared a cash dividend of $0.138 per share for the first quarter. Read More
Katahdin Trust and Bank Employees Raise $22,000 for United Way
02/15/2022 - Katahdin Trust recently partnered with the United Way of Aroostook for its annual workplace giving campaign. The Bank and its employees raised a total of $22,000 to help provide a better quality of life for people experiencing challenges and hardships in Aroostook County. Read More
Katahdin Bankshares Reports Fourth Quarter Results
01/27/2022 - Katahdin Bankshares Corp. has announced fourth-quarter earnings of $1.94 million, or $0.52 per common share. Read More
2021
Katahdin Bankshares Announces Stock Buyback Program, Up to $2.0 Million
12/23/2021 - Katahdin Bankshares Corp. announced that its Board of Directors has approved a Stock Buyback Program. The Program authorizes the purchase of up to $2,000,000 of the Company’s outstanding shares of Common Stock through December 31, 2022. Read More
Jessica Weeks and Miranda Wotton Named Assistant Vice Presidents
12/08/2021 - Katahdin Trust is pleased to announce the promotions of Jessica Weeks to AVP, Deposit Operations Manager, and Miranda Wotton to AVP, Electronic Banking Manager. Read More
Katahdin Trust Employees Raise $2,250 for Maine Veterans Project
11/19/2021 - Maine Veterans Project was the recipient of funds raised during 2021 by employees of Katahdin Trust, a local community bank. Read More
Katahdin Bankshares Corp. Announces Dividend
11/17/2021 - Katahdin Bankshares Corp. announced that it has declared a cash dividend of $0.125 per share for the fourth quarter of 2021. Read More
Katahdin Trust Named 2021 Best Places to Work in Maine
11/01/2021 - Katahdin Trust is proud to receive the Best Places to Work in Maine designation for four consecutive years! Read More
Katahdin Bankshares Corp. Reports Third Quarter Results
10/20/2021 - Katahdin Bankshares Corp. has announced third-quarter earnings of $2.66 million, or $0.81 per common share. Read More
Katahdin Trust Joins ABA's - Banks Never Ask That Campaign
10/01/2021 - Katahdin Trust joined the American Bankers Association and banks across the nation to promote an industry-wide campaign educating consumers about the persistent threat of phishing scams. Read More
Katahdin Trust Supports Penquis’ - We’ve Got Your Back Campaign
09/20/2021 - Katahdin Trust, a community bank serving northern Maine and the greater Bangor and Portland regions, is pleased to announce a $2,500 donation to Penquis’ “We’ve Got Your Back” campaign. Read More
Katahdin Trust announces promotion of Allissa Given and upcoming retirement of Debbie Schillinger
08/31/2021 - Allissa Given promoted to Assistant Vice President, Retail Services Officer and Branch Manager of the Bank’s Patten, Island Falls, and Oakfield branches. Read More
Katahdin Bankshares Corp. Announces Dividend
08/25/2021 - Katahdin Bankshares Corp. announced that it has declared a cash dividend of $0.125 per share for the third quarter. Read More
Katahdin Trust Welcomes Craig Robinson, Assistant Vice President, Commercial Services Officer
08/03/2021 - Katahdin Trust is pleased to welcome Craig Robinson as Assistant Vice President, Commercial Services Officer. Read More
Katahdin Trust Names Annette Beaton as VP, Community Banking Officer
07/26/2021 - Katahdin Trust is pleased to announce the appointment of Annette Beaton to Vice President, Community Banking Officer. Read More
Katahdin Bankshares Corp. Reports Second Quarter Results
07/26/2021 - Katahdin Bankshares Corp. has announced second-quarter earnings of $2.50 million, or $0.76 per common share. Read More
Katahdin Trust Recognizes Employees for Years of Service and Names Top of The Mountain Award Recipient
07/09/2021 - Katahdin Trust, a community bank serving northern Maine and the greater Bangor and Portland regions, recently held a virtual company-wide employee appreciation event to honor employees for their hard work and dedication. Read More
Katahdin Bankshares Corp. Named a Top 200 Publicly Traded Community Bank
07/02/2021 - Katahdin Bankshares Corp., parent company of Katahdin Trust Company, has been named one of the Top 200 Publicly Traded Banks for the second consecutive year. Read More
Carpenter Named Scarborough Branch Manager
06/25/2021 - Lauren Carpenter promoted to Branch Manager and Retail Services Officer in Scarborough. Read More
Katahdin Trust and United Way Partner for Summer Slide Reading Program
06/09/2021 - United Way of Aroostook and Katahdin Trust have partnered for the sixth year to bring first graders summer reading materials. Read More
Katahdin Bankshares Corp. Announces Dividend
05/26/2021 - Katahdin Bankshares Corp. announced that it has declared a cash dividend of $0.125 per share for the second quarter. Read More
Angela Butler and Krista Putnam Named Executive Vice Presidents
05/24/2021 - Katahdin Trust is pleased to announce the promotions of Angela T. Butler to EVP, Retail and Business Banking, and Krista K. Putnam to EVP, Chief Marketing Officer. Read More
Katahdin Bankshares Corp. Reports First Quarter Results
04/20/2021 - Katahdin Bankshares Corp. has announced first-quarter earnings of $2.37 million, or $0.72 per common share. Read More
Katahdin Sponsors ACAP's Newly Built Community Services Suite
04/19/2021 - Supporting the work of ACAP and its comprehensive services, Katahdin Trust recently presented ACAP with a $25,000 check in sponsorship of the new Community Services Suite. Read More
Katahdin Bankshares Corp. Posts 2020 Annual Report
03/04/2021 - Katahdin Bankshares Corp. has published its annual report for the year ended December 31, 2020. Read More
Katahdin Bankshares Corp. Announces Dividend
02/24/2021 - Katahdin Bankshares Corp. announced that it has declared a cash dividend of $0.125 per share for the first quarter. Read More
Katahdin Trust Employees Pay It Forward in Their Communities
02/18/2021 - Katahdin Trust recently gave employees an opportunity to "pay it forward" during the holiday season. Read More
Sue Fox Promoted to Officer and Appraisal Department Manager
01/29/2021 - Katahdin Trust is pleased to announce the promotion of Sue Fox to Officer and Appraisal Department Manager. Read More
Katahdin Bankshares Corp. Reports Fourth Quarter Results
01/26/2021 - Katahdin Bankshares Corp. has announced fourth quarter earnings of $3.4 million, or $1.01 per common share. Read More
Patty Hersey Promoted to VP, Cash Management and Business Development Officer
01/20/2021 - Katahdin Trust is pleased to announce the promotion of Patty Hersey to Vice President, Cash Management and Business Development Officer. Read More
United Way of Aroostook receives $20,000 from Katahdin Trust and Bank Employees
01/19/2021 - Katahdin Trust and its employees teamed together to donate more than $20,000 to the United Way of Aroostook. Read More
Katahdin Trust Employees Raise $2,000 for Ronald McDonald House
01/12/2021 - Employees proudly raise $2,000 for Ronald McDonald House Charities of Maine through Casual Because We Care Program. Read More
2020
Sam Clockedile Promoted to Assistant Vice President at Katahdin Trust
12/22/2020 - Katahdin Trust is pleased to announce the promotion of Sam Clockedile to Assistant Vice President, Marketing Officer. Read More
Cindy Boot Promoted to Assistant Vice President at Katahdin Trust
12/11/2020 - Katahdin Trust is pleased to announce the promotion of Cindy Boot to Assistant Vice President, Commercial Services Officer. Read More
Katahdin Trust Promotes Sarah Gardiner to AVP, Senior Credit Analyst
12/3/2020 - Katahdin Trust is pleased to announce the promotion of Sarah Gardiner to Assistant Vice President, Senior Credit Analyst. Read More
Katahdin Bankshares Corp. Announces Dividend
11/18/2020 - Katahdin Bankshares Corp. announced that it has declared a cash dividend of $0.1185 per share for the fourth quarter. Read More
Katahdin Trust Recognizes Employees for Years of Service and Names Commitment to Community Award Recipient
11/18/2020 - Katahdin Trust is proud to recognize employees with milestone years of service and present its annual 'Top of the Mountain Commitment to Community' award. Read More
Katahdin Bankshares Corp. Announces Third Quarter Results
10/22/2020 - Katahdin Bankshares Corp. has announced third-quarter earnings of $2.45 million, or $0.75 per common share. Read More
Katahdin Trust Named 2020 Best Places to Work In Maine
10/07/2020 - Katahdin Trust is proud to receive the Best Places to Work in Maine designation for three continuous years. Read More
Katahdin Trust Hires Ruth Martin as VP, Branch Manager of Scarborough
09/17/2020 - Katahdin Trust is pleased to announce the hiring of Ruth Martin as Vice President, Retail Services Officer and Branch Manager of their Scarborough branch located at 144 US Route One. Read More
Katahdin Trust Supports Penquis’ - We’ve Got Your Back Campaign
09/10/2020 - Katahdin Trust was pleased to present a $2,500 donation to Penquis’ “We’ve Got Your Back” campaign. The funds were used to purchase backpacks and school supplies for children from families facing financial challenges. Read More
Katahdin Bankshares Corp. Announces Dividend
08/26/2020 - Katahdin Bankshares Corp. has announced a dividend of $0.1185 per share for the third quarter. Read More
Melissa Dahlgren named AVP, Branch Manager of Mars Hill
08/17/2020 - Katahdin Trust is pleased to announce the promotion of Melissa Dahlgren to Assistant Vice President, Retail Services Officer and Branch Manager of the Bank's Fort Fairfield and Mars Hill branches. Read More
Katahdin Bankshares Corp. Announces Second Quarter Results
07/20/2020 - Katahdin Bankshares Corp. has announced second-quarter earnings of $2.46 million, or $0.74 per common share. Read More
Jonathan Glazier Promoted to Business Development Officer
07/20/2020 - Katahdin Trust is proud to announce the recent promotion of Jonathan Glazier to Business Development Officer. Read More
Rebecca Potter Promoted to Assistant Vice President, Commercial Services Officer
06/22/2020 - Katahdin Trust is proud to announce the recent promotion of Rebecca Potter to Assistant Vice President, Commercial Services Officer. Read More
Katahdin Bankshares Corp. Named to American Banker Top 200 Publicly Traded Community Banks
06/05/2020 - Katahdin Bankshares Corp. announced that it has been named to American Banker magazine’s Top 200 Publicly Traded Community Banks and Thrifts. Read More
Katahdin Bankshares Corp. Announces Dividend
05/27/2020 - Katahdin Bankshares Corp. announced that it has declared a cash dividend of $0.1185 per share for the second quarter of 2020. Read More
Local Partners Continue Summer Slide Reading Program
04/28/2020 - United Way of Aroostook and Katahdin Trust Company have partnered for the fifth year to bring first graders summer reading materials. Read More
Promotion of Janet Doak and Upcoming Retirement of Diane Green
04/27/2020 - Katahdin Trust is pleased to announce the promotion of Janet Doak to Assistant Vice President, Retail Services Officer and Branch Manager of the Bank’s Ashland and Presque Isle branches. Read More
Katahdin Bankshares Corp. Announces First Quarter Results
04/21/2020 - Katahdin Bankshares Corp. has announced first-quarter earnings of $1.26 million, or $0.38 per common share. Read More
Maine Bankers Take Action
03/20/2020 - Katahdin Trust joins other Maine Banks to collectively raise $61,000 in a matter of hours for food pantries throughout the state. Read More
Katahdin Bankshares Corp. Posts 2019 Annual Report
03/03/2020 - Katahdin Bankshares Corp. has published its annual report for the year ended December 31, 2019. Read More
Katahdin Bankshares Corp. Announces Dividend
02/26/2020 - Katahdin Bankshares Corp. announced that it has declared a cash dividend of $0.1185 per share for the first quarter of 2020. Read More
Katahdin Bankshares Corp. Reports Fourth Quarter Results
01/28/2020 - Katahdin Bankshares Corp. announced fourth quarter earnings of $1.91 million, or $0.58 per common share. Read More
Katahdin Bankshares Corp. Named to 2020 OTCQX Best 50
01/23/2020 - We're pleased to have been named to the 2020 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year. The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX market. Read More
Katahdin Trust Supports Caribou Performing Arts Center
01/21/2020 - We're pleased to announce a monetary donation of $1,000 to The Center for the Advancement of Rural Living (CARL) for the Caribou Performing Arts Center Revitalization Project. Read More
United Way of Aroostook Receives more than $25,000 in Employee Contributions and Corporate Donations from Katahdin Trust
01/13/2020 - Employee gifts were combined with additional monetary and in-kind donations by the Bank, including a corporate match and support of other programs, for a total of more than $25,000. Read More
Rebecca Smith Promoted to AVP, Branch Manager and Retail Services Officer
01/06/2020 - Katahdin Trust Company is pleased to announce the promotion of Rebecca Smith to Assistant Vice President, Branch Manager and Retail Services Officer. Read More
Contact Us
For more information regarding Katahdin Trust news releases, please email marketing@katahdintrust.com or call 1-800-671-5622, ext. 32011.
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