Katahdin Trust named a 2025 Best Place for Working Parents

5 months ago

HOULTON, Maine – Katahdin Trust Company is proud to announce their designation as a 2025 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. This marks the fourth consecutive year of Katahdin Trust receiving this recognition.

“We are proud to once again receive this designation and even prouder of the culture we’ve built together,” said Jon Prescott, president, and CEO of Katahdin Trust. “Attracting and retaining top talent is essential to our success, and fostering a family-friendly, engaging workplace enables us to build and sustain a strong, dedicated team.”

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.

Having a family-friendly and work balanced 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.