In the News

In the News

In the News

Spotlight on Our 2025 Scholarship Recipients

Greetings from Your Home Bank family! We’re proud to recognize the outstanding young scholars chosen as recipients of our 2025 scholarship awards.

Landan Albair, a Caribou High School graduate, is attending University of Maine at Orono majoring in Finance & Accounting. He is the son of Lance and Lori Albair.

Nicholas Poitras, a 2024 graduate of Madawaska High School, is pursuing a degree in Physical Therapy at Husson University. He is the son of Melisa and Marco Poitras.

Please join us in congratulating Landan and Nicholas!

Each of these shining stars will receive a scholarship of $4,000, disbursed as $1,000 annually over their college years. We believe in supporting the future of Aroostook County, and we’re honored to help these exceptional students achieve their academic goals.

Curt Paterson, President & CEO, and Vicki Keaton, SVP Operations & COO, awarded $4,000 scholarships to this year’s recipients, Landan Albair and Nicholas Poitras.

___________

IMPORTANT NOTICE OF CHANGE
Revision to Funds Availability Policy Effective July 1, 2025

Important new information about making withdrawals from your account. Due to updates in Federal Regulation CC (Availability of Funds and Collection of Checks), the amount of funds that must be made available to you will be changing effective July 1, 2025. Depending on the type of check you deposit, your funds may not be available until the second business day after the day we receive your deposit. However, beginning July 1, 2025, the first $275 of your deposit will be available on the first business day after the day of deposit. (This is an increase from the previous threshold of $225.)

Longer Delays May Apply – Funds you deposit by check may be delayed for a longer period under certain conditions, including:

  • If you deposit checks totaling more than $6,725 on any one day. (This is a change from the previous $5,525 threshold.)
  • If you are a new customer and your account has been open for 30 days or less.
    Special Rules for New Accounts – For new accounts (those open for 30 days or less):
  • Electronic direct deposits will continue to be available on the day we receive the deposit.
  • Cash, wire transfers, and the first $6,725 of a cashier’s, certified, teller’s, traveler’s, and federal, state and local government checks will generally be available on the first business day after the day of deposit, provided certain conditions are met. For example, the checks must be payable to you, and you may be required to use a special deposit slip.
  • Any amount over $6,725 will be available no later than the ninth business day after the day of your deposit. Note: If these checks (excluding U.S. Treasury checks) are not deposited in person to a bank employee, the first $6,725 may not be available until the second business day after the day of deposit. (This is a change from the previous $5,525 threshold.)

We will notify you if a longer delay applies to your deposit and will inform you when the funds will become available. In most cases, funds will be available no later than the seventh business day following your deposit. A complete Funds Availability Facts brochure is available at any branch location or upon request.

___________

Empower Your Business with Expert Payroll Solutions

Aroostook Payroll Has Moved — and it’s All Thanks to Our Cummunity’s Support! We’re now proudly welcoming you at our new location: 641 Main Street in Presque Isle.

Small businesses are the heartbeat of Aroostook County — and we’re honored to support the payroll needs of so many amazing local companies. In just its first year, Aroostook Payroll, Inc. has grown rapidly, proudly serving hundreds of local businesses, big and small.

Whether you’re running a one-person shop or managing a growing team, we’re here to make payday stress-free with accurate, flexible, and trusted service — always delivered with a personal touch.

We’re excited to share that our Payroll Team — Bethany, Renée, Macie, and Lynn (plus our office pup, Annie) — have moved into a larger, more welcoming space at 641 Main Street in Presque Isle (right across from Harry’s Motor Sports).

Ready for stress-free payroll? Let’s talk!

Stop by our new office at 641 Main Street, Presque Isle, or give Lynn and our Payroll Specialist Team a call at 207-768-7136. We’re happy to answer your questions or help you schedule a no-pressure consultation.

And don’t forget to “Like” and “Follow” Aroostook Payroll on Facebook for helpful tips, updates, and reminders.

Because your business deserves the best—and at Aroostook Payroll, your payroll is our priority!