Katahdin Trust Company logo

Business Savings

A convenient method to save with a detailed monthly statement provided which shows deposits, withdrawals, and interest earned on the account.

View Rates

Provides a convenient method to save with ready access to your funds.

  • Unlimited deposits
  • Easy access to your funds with unlimited in-person or ATM withdrawals/transfers
  • Up to six transfers per calendar month by 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

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. Contribute to your employees’ HSAs, manage your list of employees, access educational materials and much more. Click here to complete the Employer Sign-Up Form.

Please refer to our "Fees for General Services" brochure for additional fees that may apply.

Community Banking, since 1918.