PRESQUE ISLE, Maine – Katahdin Trust, a local community bank serving northern Maine and the greater Bangor and Portland regions, is pleased to announce that James Nelson has been promoted to senior vice president, commercial services officer and team leader.
Nelson joined Katahdin Trust in 2023 as vice president, commercial services officer and was named team leader in February 2025. In his new role, he will continue to be responsible for commercial lending, growing and developing business loan relationships throughout northern and central Maine and overseeing a team of commercial bankers in Aroostook County.
“Since James joined the Katahdin Trust team, he has shown great leadership skills,” said Angela Tennett, executive vice president, chief banking officer. “I have no doubt that with his experience with and knowledge of the agricultural and forestry industries that he will help the Aroostook County Commercial Services Team grow while maintaining exceptional customer service.”
Nelson is a University of Maine graduate, holding a master of business administration and bachelor’s degree in financial economics. In addition he served as a sergeant in the Maine Army National Guard from 2014-20.
Founded in 1918, Katahdin Trust is a community bank based in Houlton, Maine with more than $1.09 billion in assets and 180 employees. The Bank offers financial services to individuals and businesses from 16 bank branch locations throughout northern Maine and the greater Bangor and Portland regions with a suite of digital and online banking solutions. Katahdin Trust is designated as a 2025 Best Places to Work in Maine, and a 2025 Best Place for Working Parents®. The parent company of Katahdin Trust, Katahdin Bankshares Corp, common stock is quoted on the OTC Markets (OTCQX) under the symbol KTHN. Learn more about the Bank at www.katahdintrust.com and follow Katahdin Trust on Facebook, X, LinkedIn and Instagram.
