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Bar Harbor Bank & Trust portfolio managers brief Winter Harbor selectmen on investments
Summary
Bar Harbor Bank & Trust portfolio managers presented the town’s investment account and market values to the Winter Harbor Selectmen; minutes record bond valuations and attendees requested copies of bank documents.
Portfolio managers from Bar Harbor Bank & Trust provided information about Winter Harbor’s investment accounts during the Selectmen meeting on Sept. 8, 2025. The minutes record two bond-market values listed as $3,522,980.90 and $2,977,111.23 and note that investment accounts are reported at market value. The presentation was recorded in the minutes without direct manager quotes.
Selectmen and attendees flagged the bank-provided materials for follow-up. Public commenter S. Fortin asked during public comment for a copy of the documents provided by the bank. The minutes list J. Testa and J. Pratt (BHBT) among attendees; the record does not specify any formal action beyond the informational briefing.
