Katahdin Bankshares

Katahdin Bankshares Corp. operates as a holding company. The company is headquartered in Houlton, Maine and currently employs 186 full-time employees. The company went IPO on 2002-04-08. The firm's subsidiary, Katahdin Trust Company (the Bank), is a state-chartered commercial bank with deposits insured by the Federal Deposit Insurance Corporation (FDIC). The Bank has 16 full-service branches throughout northern Maine and the greater Bangor and Portland regions. Maine Financial Group (MFG), a doing-business-as a trade name for the Bank, provides heavy equipment financing in the trucking, construction, forest products, and marine industries located around northern New England. Its personal deposit products include personal checking, personal savings, health savings accounts, money market, rates, and online account opening. Its other services include business cards, credit cards, telephone banking, reorder checks, and report lost or stolen cards. Its digital banking services include bill pay, business mobile banking, mobile wallets, and CardValet.