Katahdin Trust Co. has named Peggy S. Bugbee as assistant vice president and retail services officer and Karen L. Chapman as vice president and retail training manager. “These individuals have exhibited tremendous dedication and commitment to Katahdin Trust Company,” said Bonnie Foster, senior vice president for retail services at Katahdin Trust. With nearly 50 years’ experience in the financial services industry combined, both are “highly valued members of our team,” Foster said. Bugbee has 27 years in the financial services industry. In 2000, she assumed the position of retail services officer and manager of Katahdin Trust’s Washburn branch. In her new position she will be based at the Caribou office with responsibilities for overseeing administration and management of the bank’s Caribou and Washburn locations. Bugbee lives in Mapleton with her husband, Russell. Chapman has more than 20 years’ experience in the financial services industry. She joined Katahdin Trust in 1995 as assistant vice president and manager and assisted with the opening of the bank’s new Caribou office. In 2006 she was promoted to vice president and manager of the Caribou office. In her new position Chapman will work with retail staff to train and mentor new employees and will serve as coordinator and facilitator of all retail training initiatives for products and services as well as operational integrity, sales development and customer service excellence. Chapman lives in Caribou with her husband, Rick, and children Caleb and Lauren.