Bar Harbor Bankshares (NYSE American: BHB; the “Company”) announced that it had received all necessary regulatory approvals to complete its previously announced acquisition of Guaranty Bancorp, Inc., the parent company of Woodsville Guaranty Savings Bank. The transaction is expected to close on or around July 31, 2025, subject to the satisfaction of customary closing conditions.
Curtis Simard, President and Chief Executive Officer of Bar Harbor Bank & Trust, said, “We are pleased to have received regulatory approval as we continue towards completing the merger of Woodsville Guaranty Savings Bank and Bar Harbor Bank & Trust. We are excited to bring our two companies together to strengthen our New Hampshire presence.”
BACKGROUND
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 $4 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.
