Katahdin Bankshares 

Katahdin Bankshares Corp. functions as the holding company for Katahdin Trust Company, a state-chartered commercial bank. This financial institution delivers a comprehensive array of commercial and retail banking solutions to individual clients and businesses throughout Maine. Its diverse suite of deposit products encompasses checking and savings accounts, money market and NOW accounts, certificates of deposit (CDs), individual retirement accounts (IRAs), and Coverdell education savings accounts. The company further extends credit through various lending options, including mortgage, construction, homebuyer, home equity, rural development, and personal loans. For its business clientele, it offers a range of loans and lines of credit, such as business term loans, municipal loans, Small Business Administration (SBA) loans, business mortgages, business letters of credit, and agency-guaranteed programs. Beyond traditional banking, Katahdin Trust provides numerous convenience services. These include online and telephone banking, bill payment, electronic check deposit, check reordering, money and wire transfers, debit and credit cards, gift cards, ATM access, and merchant services. The institution also specializes in equipment financing, catering particularly to the trucking, construction, forest products, and marine industries. Additionally, it makes available investment securities and insurance products. Katahdin Bankshares operates a network of 16 full-service branches, strategically located across northern Maine, the greater Bangor area, and the Portland region. Established in 1918, the company maintains its headquarters in Patten, Maine.