Application of Bar Harbor Bank & Trust to acquire by merger Woodsville Guaranty Savings Bank including simultaneous merger of bank holding companies

Bar Harbor Bank & Trust, a Maine chartered stock bank headquartered in Bar Harbor, Maine, has applied to the Maine Bureau of Financial Institutions’ Superintendent, pursuant to Title 9-B, M.R.S. Chapters 35, 37, and 101, to merge with Woodsville Guaranty Savings Bank, a New Hampshire chartered stock bank headquartered in Woodsville, New Hampshire with Bar Harbor Bank & Trust continuing as the surviving banking institution. As part of the bank merger, the application also seeks approval for the merger of Guaranty Bancorp, Inc., Woodsville, New Hampshire, the holding company of Woodsville Guaranty Savings bank, with and into Bar Harbor Bankshares, Bar Harbor, Maine, the holding company of Bar Harbor Bank & Trust. After the merger, Bar Harbor Bank & Trust will operate an additional 9 branches in New Hampshire.


You may submit written comments on this application to the Bureau of Financial Institutions, by mail at 36 State House Station, Augusta, Maine 04333-0036 or by electronical mail at bfi.info@maine.gov.


A hearing on this application will be held by the Superintendent of the Bureau of Financial Institutions, as provided in Title 9-B M.R.S. Section 252, upon receipt of a bona fide and reasonable request. The Bureau will accept written comments and requests for a hearing through Thursday, June 19, 2025. The Superintendent's decision on this application will be based on the decision-making criteria set forth in Title 9-B M.R.S. Section 253.


/s/ Lloyd P. LaFountain, III
Superintendent
Gardiner, Maine
May 20, 2025