Katahdin Bankshares Corp.

Katahdin Bankshares Corp. is a bank holding company for Katahdin Trust Company, a state-chartered commercial bank providing commercial and retail banking services to individuals and businesses in Maine. Its deposit products include checking, savings, health savings, money market, NOW, and individual retirement accounts, as well as certificates of deposit. Lending offerings include mortgage, construction, homebuyer, home equity, rural development, and personal loans; business, municipal, term, and small business administration loans; and business mortgages, business letters of credit, lines of credit, and down payment assistance programs. It also offers online, mobile, and telephone banking; bill payment, e-statement, e-check deposit, mobile wallets, check reordering, ACH and wire transfer, debit and credit cards, ATMs, and merchant services; and cash management tools. In addition, the company provides equipment financing services in the trucking, construction, forest products, and marine industries, along with securities, financial planning, and insurance products. It operates full-service branches in northern Maine, the greater Bangor region, and the Portland region. Katahdin Bankshares Corp. was founded in 1918 and is based in Houlton, Maine.