Bank gives $5,000 to Patten kids, flags
PATTEN, Maine — In celebration of the 100th anniversary of Katahdin Trust Company, the bank held a special ceremony March 7 in Patten, where it all began a century ago, and capped things off by donating to two local groups.
Jon J. Prescott, Katahdin Trust president and 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 Rep. Stephen S. Stanley provided a proclamation and other state legislators shared their congratulations, including Phil Bosse for Sen. Susan Collins, Barbara Hayslett for Sen. Angus King and Kim Rohn for Rep. 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 March 5-9 for customers and community members to enjoy.