Delano promoted to assistant vice president at Katahdin Trust

7 hours ago

PRESQUE ISLE, Maine – Katahdin Trust, a community bank serving northern Maine and the greater Bangor and Portland regions, is pleased to announce the promotion of Tory Delano to assistant vice president, senior credit analyst and department manager.

Delano is based at the bank’s Presque Isle branch and is responsible for managing and analyzing credit data and financial information for all new and existing commercial loan relationships at the Bank as well as managing day to day credit department operations. She has been with Katahdin Trust for 20 years.

“We are pleased to announce Tory’s promotion,” Michelle Ritcheson, senior vice president, senior credit officer, said. “Tory’s years of experience and expertise strengthens our credit team and plays an important role in supporting commercial lending relationships.”

Delano  is a graduate of the University of Maine at Presque Isle and has earned several industry related certifications during her career at the bank.

Founded in 1918, Katahdin Trust is a community bank based in Houlton, Maine with more than $1.16 billion in assets and 180 employees. The bank offers full-service everyday banking including checking, savings, and loans 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 2026 Best Places to Work in Maine. 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.