Katahdin Trust Company expands services

11 years ago

    SCARBOROUGH — Katahdin Trust Company has expanded services at its Scarborough office located at 144 US Route One. President and CEO Jon Prescott said the office now offers its full array of deposit accounts to meet the needs of individuals and businesses in the Scarborough and southern Maine area.

    Since 2007, the bank has operated a commercial loan office in Scarborough and now, Prescott explained, will provide customers full banking services at this location and begin opening new checking, savings, money market and CD accounts and accepting deposits. Prescott also stated that the Bank is pleased with the newly renovated facility, which includes two teller stations, a private conference room, an enhanced waiting area, and a night depository.
    The Scarborough office is also home to Maine Financial Group, an affiliate of Katahdin Trust Company that serves as a loan production office specializing in construction, forestry, trucking, marine and water well drilling.
    “It’s a pleasure for us to bring Scarborough Community Banking at its Best,” Prescott added. “We have been working diligently to prepare our Scarborough office in order to provide our southern Maine customers access to all Katahdin Trust Company products and services. And, of course, we will continue to offer a wide spectrum of loan solutions as has been our long-standing tradition in Scarborough.”