Business

Bank promotes Butler

HOULTON, Maine — Katahdin Trust Company has announced the promotion of Angela T. Butler to senior vice president, retail and business banking. 

Butler will join the bank’s senior management team and eventually replace Bonnie Foster, who has announced her decision to step down as executive vice president, retail services, effective July 31, 2020. Foster will begin her transition to a part-time capacity and assume full responsibility for facilities management of all Katahdin Trust locations.

“Bonnie has been instrumental in the success of our bank for the past two decades,” said Jon Prescott, president and CEO of Katahdin Trust. “As she prepares for retirement, we thank her for her many years of dedicated service.”

Butler began her career with Katahdin Trust in 2016 as senior vice president, commercial services officer. In her new role, she will assume the oversight of the retail division of Katahdin Trust, including the bank’s entire 16-branch network, retail lending, business development and Katahdin Financial Services (a service of Cetera Investment Service LLC, a registered broker-dealer and unaffiliated with Katahdin Trust Company). 

She will continue to serve the commercial lending needs of her business customers throughout the greater Bangor area.

“Angela will be an incredible asset to senior management, bringing with her more than 25 years of banking experience in developing commercial business,” added Prescott. “I congratulate Angela on her accomplishment, her leadership and commitment to Katahdin Trust and its customers make her an excellent fit for this position.”

Butler is active in the greater Bangor community, serving on the board for organizations such as Community Health and Counseling, BanAir Corporation, Bangor Children’s Home and CEI. She has also served on the Board for United Way of Eastern Maine, Bangor Soccer Club and Abnaki Girl Scout Council. 

She is a graduate of Colby College and resides in Bangor with her husband, Pau, and their three children.

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