Katahdin Trust Company is pleased to announce the appointment of Peggy S. Bugbee as assistant vice president, Retail Services officer; and Karen L. Chapman as vice president, Retail Training manager.
Bugbee attended the Brewer school system, is a graduate of the Northern New England School of Banking and has completed several professional seminars and financial banking courses. Active in the community, she currently serves as treasurer of the Washburn Rotary Club, an area coordinator for the Meals on Wheels Program, vice chair of the Washburn August Festival and is a member of the March of Dimes Steering Committee for the Aroostook County area and the American Red Cross Aroostook County Branch Advisory Committee. In 2004, Bugbee was selected as the bank’s America’s Promise Volunteer of the Year.
Bugbee has over 27 years of experience in the financial services industry. In 1988 she moved into the retail area and since that time has served as customer service representative, branch supervisor and consumer lender.
In 2000, Bugbee assumed the position of Retail Services officer and manager of Katahdin Trust Company’s Washburn branch. In her new position she will be based at the Caribou office with responsibilities for overseeing the administration and management of the bank’s Caribou and Washburn locations. Bugbee resides in Mapleton with her husband Russell.
Chapman attended the Caribou school system, obtained her B.S. in business management from the University of Maine at Presque Isle and attended Eastern Nazarene College in Quincy, Mass. She has taken several classes through the American Institute of Banking and is a graduate of the National Consumer Credit School and the Northern New England School of Banking.
In 2002, Chapman was selected as the bank’s America’s Promise Volunteer of the Year and in 2004 received the President’s Award of the Four Avenues of Service Citation for Individual Rotarians from the Caribou Rotary Club. She currently serves as Group Study Exchange/Youth Exchange chair of the Caribou Rotary Club, member of the city of Caribou’s Capital Improvements Committee, and the Caribou Wellness and Recreation Center Building Committee.
Chapman has over 20 years’ experience in the financial services industry. She joined Katahdin Trust Company in 1995 as assistant vice president and manager and assisted with the opening of the bank’s new Caribou office. In 2006, she was promoted to vice president and manager of the Caribou office. In her new position, Chapman will work with retail staff to train and mentor new employees and will serve as coordinator and facilitator of all retail training initiatives for products and services as well as operational integrity, sales development and customer service excellence. Chapman resides in Caribou with her husband Rick and two children, Caleb and Lauren.
Peggy S. Bugbee
Karen L. Chapman
