Katahdin Trust Holds 100th Anniversary Ceremony in Patten

PATTEN, Maine - In celebration of the 100th anniversary of Katahdin Trust Company, the bank held a special ceremony in Patten, where it all began a century ago.

Jon Prescott, Katahdin Trust President & CEO, and Steven L. Richardson, Board Chairman, expressed appreciation for the support of employees, customers and shareholders over the past 100 years.

“We have never forgotten who built our company,” stated Prescott. “People and families who needed a bank they could count on to be there for them, and that is as true today as ever. A huge thank you to our employees, customers, shareholders, board of directors, and the communities we serve, as it is that ongoing support that has enabled us to carry on that vision from so many years ago.”

Maine House of Representative Stephen Stanley provided a proclamation and members representing Maine’s Congressional Delegation also shared their congratulations including Phil Bosse for Senator Susan Collins, Barbara Hayslett for Senator Angus King and Kim Rohn for Representative Bruce Poliquin.

“We were very pleased to have current and former employees as well as customers and other community members join us in Patten today,” said Richardson. “I’m so proud to have lived and worked in the community where Katahdin Trust first established its presence in Maine.”

The ceremony concluded with Katahdin Trust presenting $2,500 each to the Patten Playground and Main Street Flags.

“The employees provided a great deal of input regarding the donations we are making today,” explained Prescott. “We couldn’t be more pleased to present these awards to two deserving local organizations.”

All 16 branches of Katahdin Trust hosted a weeklong celebration from March 5-March 9 for customers and community members to enjoy.