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Bar Harbor Bank & Trust updates Winter Harbor selectmen on town investment portfolio

Town of Winter Harbor Selectmen · September 8, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Portfolio managers from Bar Harbor Bank & Trust presented the town’s investment account and statement; a resident requested copies of the materials. The minutes list bond market values and note an investment statement was provided to the board.

Representatives from Bar Harbor Bank & Trust provided information to the Winter Harbor Selectmen about the town’s investment account during the Sept. 8 meeting. The minutes state that portfolio managers gave an update and provided an investment statement to the board.

The minutes list investment figures in the financial summary: a 6-month certificate of deposit at $105,382.87 and bond market values shown as $3,522,980.90 (6/30/2025) and $2,977,111.23 (7/31/2025). A member of the public asked for a copy of the documents the bank supplied.

The presentation was recorded as informational in the minutes; no formal motion regarding the investments is recorded in the public portion of the meeting.

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