Former Border Trust bank branches rebranded to new owner Bar Harbor Bank & Trust

Aug 10, 2012 Full story: Kennebec Journal

Bar Harbor Bank & Trust locations officially open Monday in central Maine, replacing bank branches that had previously been owned by Augusta-based Border Trust Co.

Full Story
Harry

Toronto, Canada

#1 Nov 12, 2012

“Reverse mortgage loan Texas”

Since: Sep 12

Kingwood, TX

#2 Nov 29, 2012
Bar Harbor Bank & Trust locations officially open Monday in central Maine, replacing bank branches that had previously been owned by Augusta-based Border Trust Co.

The Border Trust locations in Augusta, South China and Topsham are switching to the Bar Harbor company, expanding that bank's locations to 15, according to a press release. The affected locations are at 227 Water St., Augusta; 368 Route 3, South China; and 2 Main St., Topsham.

In May, Bar Harbor Bankshares said it had agreed to acquire Border Trust Co.

Border Trust, founded in 1969 and based in Augusta, had about $46.9 million in assets,$41.1 million in deposits and $37.2 million in loans as of March 31. In comparison, Bar Harbor had $1.22 billion in assets and $724.4 million in deposits.

Bar Harbor Bankshares, founded in 1887 and headquartered on Mount Desert Island, has said it will offer permanent positions to as many Border Trust employees as possible. Any employee who cannot get a permanent job will get a severance package based on years of service and continued benefits and access to outplacement services. The number of employees with each company was not disclosed.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Southwest Harbor Discussions

Title Updated Last By Comments
OUI checkpoint in downtown Bangor nets 3 arrests Jul '14 Petal Power 2
Wonderful (Jan '14) Jan '14 TheRealDeal7890 1
Federal shutdown cited in lower sales for Bar H... (Dec '13) Dec '13 angryCHKN 1
O'Reilly: "Happy Holiday Syndrome" part of war ... (Dec '13) Dec '13 Cujo 5
the biggest dating webs ite in the world free (Sep '13) Sep '13 Eura Bensen 1
Debate: Iowa GOP Debate - Southwest Harbor, ME (Aug '11) Aug '11 John Pilla 1
Who do you support for U.S. House in Maine (Dis... (Oct '10) Nov '10 Jim 18
More from around the web

Southwest Harbor People Search

Addresses and phone numbers for FREE

Southwest Harbor News, Events & Info

Click for news, events and info in Southwest Harbor

Personal Finance

Mortgages [ See current mortgage rates ]

NFL Latest News

Updated 3:04 pm PST