Katahdin Bankshares Corp. receives accolade

4 years ago

HOULTON, Maine — Katahdin Bankshares Corp., parent company of Katahdin Trust Company, a full-service community bank founded in 1918 serving northern Maine and the greater Bangor and Portland regions, announced Jan. 23 that it was named to the 2020 OTCQX Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year.

 The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX market.  The ranking is calculated based on an equal weighting of one-year total return and average daily dollar volume growth in the previous calendar year.  Companies in the 2020 OTCQX Best 50 were ranked based on their performance in 2019. 

“We are delighted to receive this recognition and to be ranked as a top performing company,” shares Jon J. Prescott, president and CEO of Katahdin Trust. “This recognition is a result of our continued efforts to generate value for our shareholders, to be one of the Best Places to Work in Maine, and our commitment to community banking.”