Business

Katahdin Trust named a 2022 Best Place for Working Parents

HOULTON, Maine – Katahdin Trust Company is proud to announce their designation as a 2022 Best Place for Working Parents. Katahdin Trust has earned this award for their family-friendly policies and employee benefits they offer, particularly for working parents.

“We understand that our workforce is rapidly changing and continuously evaluate and adjust our benefits based on the needs of employees,” said Jon Prescott, president and CEO of Katahdin Trust. “I take great pride in being named a Best Place for Working Parents. We want our staff to feel supported, especially when they need to take care of family members.”

The Best Place for Working Parents survey is a first-of-its-kind online business self-assessment that recognizes innovation across top research-backed family-friendly policies proven to benefit working parents.

Finding and retaining great talent is critical to any business success. Having a family-friendly environment helps to attract workers and allows businesses such as Katahdin Trust to continue to build a quality team of employees.

The bank has nearly 180 employees throughout Maine with 16 branch locations, a commercial heavy equipment finance office, and an administration and operations center. In addition to its culture centered around professional growth and community involvement, Katahdin also offers an excellent employee benefits package. Benefits include performance-based incentives; paid sick, vacation, and personal time; a college tuition reimbursement program; and an employee stock ownership plan.

If you are looking for the right job for you — good news, Katahdin Trust is hiring! For a full list of current job openings, please visit: www.KatahdinTrust.com/Careers and apply online today.

The Best Place for Working Parents is a growing network for business leaders proving that family-friendly is business-friendly. Through a first-of-its-kind 3-minute online business self-assessment, organizations across the country are gaining this competitive designation that recognizes innovation across the top 10 research-backed family friendly policies proven to benefit working parents and employers’ bottom line. For more information on the Best Place for Working Parents program, visit bestplace4workingparents.com.

Founded in 1918, Katahdin Trust is a community bank based in Houlton, Maine with more than $965 million in assets. Katahdin Trust offers financial services to individuals and businesses from 16 branches throughout northern Maine and the greater Bangor and Portland regions with a suite of digital banking solutions. The Bank has nearly 180 employees and, in 2022, was named one of the Best Places to Work in Maine for the fifth year in a row and recognized the past three years as one of the Top 200 Community Banks in the country by American Banker magazine. Katahdin Bankshares Corp., parent company of Katahdin Trust Company, 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, Twitter, LinkedIn, and Instagram.

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