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Bar Harbor Bank & Trust Recognized by Newsweek as One of “America’s Best Regional Banks”
Bar Harbor, Maine – Bar Harbor Bankshares (NYSE American: BHB), the parent company of Bar Harbor Bank & Trust, is pleased to announce the Bank has been recognized by Newsweek as one of “America’s Best Regional Banks.” The Bank was selected from among approximately 9,400 financial institutions for the honor based on a combination of financial performance and customer satisfaction metrics.
“This recognition from Newsweek is a tremendous honor and especially meaningful as it acknowledges the importance of community banks like Bar Harbor Bank & Trust, our role in local economies, and our understanding of the unique needs of the communities we serve,” said Curtis C. Simard, President and CEO of Bar Harbor Bank & Trust. “We are proud to be a community bank, and we recognize that we are successful when our customers prosper and, just as important, our communities thrive when their residents do. We believe good things happen when we work together, and the recognition from Newsweek is validation that our community-centered approach to banking works.”
Bar Harbor Bank & Trust has been serving the financial needs of Northern New England residents and businesses since it was founded in 1887. The Bank balances the delivery of innovative digital products and services that customers require, such as mobile banking and mobile deposit, with a personal, relationship-oriented approach to banking that customers desire including a full-service branch network of more than 50 branches across Maine, New Hampshire, and Vermont.
In the past year, the Bank has been recognized by Forbes for two honors, “World’s Best Banks” and “Best-in-State Banks” for Vermont, and received the Doing Well by Doing Good Award from Mastercard®. The Bank was also recognized as one of “America’s Best Banks” by Newsweek in 2022.
For Newsweek’s “America’s Best Regional Banks and Credit Unions 2024” list, which is published in partnership with market data research firm Plant-A Insights Group, all regional banks and credit unions in the United States were analyzed based on several financial performance metrics including creditworthiness and profitability. The results of the financial analysis were combined with other data points, including an independent customer survey of more than 35,000 U.S. citizens and the collection of more than 140,000 reviews, to calculate a score for each institution. The highest scoring 250 regional banks and 250 regional credit unions have been recognized as “America’s Best Regional Banks and Credit Unions.”
Visit Newsweek’s website to learn more about the recognition and the selection process.
Bar Harbor Bankshares (NYSE American: BHB) is the parent company of its wholly owned subsidiary, Bar Harbor Bank & Trust. Operating over 50 locations across Maine, New Hampshire and Vermont, Bar Harbor Bank & Trust is headquartered in Bar Harbor, Maine and has more than $3.9 billion in assets. As a leading Northern New England community bank, Bar Harbor Bank & Trust offers a full range of personal and business banking services, as well as wealth management services through its subsidiary Bar Harbor Wealth Management. For more information about Bar Harbor Bank & Trust, visit www.barharbor.bank or call 888-853-7100. Member FDIC.
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Bar Harbor Bank & Trust Recognized by Newsweek as One of “America’s Best Regional Banks”
Bar Harbor, Maine – Bar Harbor Bankshares (NYSE American: BHB), the parent company of Bar Harbor Bank & Trust, is pleased to announce the Bank has been recognized by Newsweek as one of “America’s Best Regional Banks.” The Bank was selected from among approximately 9,400 financial institutions for the honor based on a combination of financial performance and customer satisfaction metrics.
“This recognition from Newsweek is a tremendous honor and especially meaningful as it acknowledges the importance of community banks like Bar Harbor Bank & Trust, our role in local economies, and our understanding of the unique needs of the communities we serve,” said Curtis C. Simard, President and CEO of Bar Harbor Bank & Trust. “We are proud to be a community bank, and we recognize that we are successful when our customers prosper and, just as important, our communities thrive when their residents do. We believe good things happen when we work together, and the recognition from Newsweek is validation that our community-centered approach to banking works.”
Bar Harbor Bank & Trust has been serving the financial needs of Northern New England residents and businesses since it was founded in 1887. The Bank balances the delivery of innovative digital products and services that customers require, such as mobile banking and mobile deposit, with a personal, relationship-oriented approach to banking that customers desire including a full-service branch network of more than 50 branches across Maine, New Hampshire, and Vermont.
In the past year, the Bank has been recognized by Forbes for two honors, “World’s Best Banks” and “Best-in-State Banks” for Vermont, and received the Doing Well by Doing Good Award from Mastercard®. The Bank was also recognized as one of “America’s Best Banks” by Newsweek in 2022.
For Newsweek’s “America’s Best Regional Banks and Credit Unions 2024” list, which is published in partnership with market data research firm Plant-A Insights Group, all regional banks and credit unions in the United States were analyzed based on several financial performance metrics including creditworthiness and profitability. The results of the financial analysis were combined with other data points, including an independent customer survey of more than 35,000 U.S. citizens and the collection of more than 140,000 reviews, to calculate a score for each institution. The highest scoring 250 regional banks and 250 regional credit unions have been recognized as “America’s Best Regional Banks and Credit Unions.”
Visit Newsweek’s website to learn more about the recognition and the selection process.
Bar Harbor Bankshares (NYSE American: BHB) is the parent company of its wholly owned subsidiary, Bar Harbor Bank & Trust. Operating over 50 locations across Maine, New Hampshire and Vermont, Bar Harbor Bank & Trust is headquartered in Bar Harbor, Maine and has more than $3.9 billion in assets. As a leading Northern New England community bank, Bar Harbor Bank & Trust offers a full range of personal and business banking services, as well as wealth management services through its subsidiary Bar Harbor Wealth Management. For more information about Bar Harbor Bank & Trust, visit www.barharbor.bank or call 888-853-7100. Member FDIC.
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