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Bar Harbor Bank & Trust briefs Winter Harbor on town investment portfolio
Summary
Representatives from Bar Harbor Bank & Trust provided information to Winter Harbor Selectmen about the town’s investment account; a resident requested copies of the bank documents and the meeting materials list bond values and account balances.
Representatives from Bar Harbor Bank & Trust presented information about Winter Harbor’s investment account at the Selectmen meeting on Sept. 8.
The minutes record that portfolio managers from Bar Harbor Bank & Trust provided information about the town’s investment account. Investment figures in the meeting materials include bond market values of $3,522,980.90 (6/30/2025) and $2,977,111.23 (7/31/2025), and account balances noted elsewhere in the packet. The minutes identify J. Testa and J. Pratt as Bar Harbor Bank & Trust attendees.
During the public-comment portion of the meeting, S. Fortin asked for a copy of the documents the bank provided: "would like a copy of the documents provided by the bank." The minutes do not record whether the board directed staff to supply the documents or set a follow-up deadline.
No formal vote resulted from the presentation; it was listed on the agenda as informational.
