Bar Harbor Bankshares Announces Regulatory Approval For Somesville Branch.BAR HARBOR, Maine Bar Harbor, Maine, may refer to:
See: American Stock Exchange : BHB), today announced that it has received regulatory approval from the Federal Deposit Insurance Corporation Federal Deposit Insurance Corporation (FDIC), an independent U.S. federal executive agency designed to promote public confidence in banks and to provide insurance coverage for bank deposits up to $100,000. to establish the previously announced full service Bank branch office in the community of Somesville, Maine. The new branch will be located on Route 102 next to the Mount Desert Post Office, in an already established banking facility. The Somesville Office is scheduled to open in early January 2006. Bar Harbor Bankshares is the parent company of its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Bar Harbor Bank & Trust. Bar Harbor Bank & Trust, founded in 1887, provides full service community banking with eleven branch office locations serving Down East and Mid Coast Maine. |
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