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Home Breaking News

Bar Harbor Bank & Trust receives ‘Best-In-State Bank’ recognition from Forbes for fourth consecutive year

by DigestWire member
July 16, 2025
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BAR HARBOR – Bar Harbor Bankshares (NYSE American: BHB), the parent company of Bar Harbor Bank & Trust, is pleased to announce that the Bank has been recognized by Forbes Magazine as one of America’s “Best-In-State Banks” for the fourth consecutive year. The Bank was selected for the honor based on customer feedback and is one of only 191 banks to be recognized, representing less than 5 percent of all U.S. banks.

“To be named one of Forbes’ Best-in-State Banks for our home state of Maine for the fourth year in a row is a tremendous honor,” said Curtis C. Simard, president and CEO of Bar Harbor Bank & Trust. “This recognition reflects our entire team’s unwavering dedication to our customers and communities, and our commitment to provide exceptional service to everyone who trusts us with their financial needs. We strive for excellence every day because we believe that is what our customers deserve.”

Bar Harbor Bank & Trust has been serving the financial needs of Northern New England residents and businesses since it was founded in 1887 in Bar Harbor. The Bank balances the delivery of digital services that customers require, such as mobile banking and mobile deposit, with a personal approach to banking that customers desire. The Bank has a full-service network of more than 50 branches across Maine, New Hampshire and Vermont. 

In addition to the “Best-in-State Banks” honor, Bar Harbor Bank & Trust also received recognition from Newsweek earlier this year as one of “America’s Best Regional Banks.”

For Forbes’ eighth annual ranking of the best banks in each state, the magazine partnered with market research firm Statista to conduct surveys with more than 26,000 U.S. residents about the banks and credit unions where they have a checking or savings account. Survey participants evaluated financial institutions based on criteria including: trust, customer service, digital tools, terms and conditions, and financial advice. The evaluation process also included analyzing more than 500,000 public reviews and ratings submitted over the past three years to gauge public sentiment about the banks under consideration.

Visit the Forbes website at www.forbes.com/lists/best-in-state-banks/ to learn more about the 2025 “Best-in-State Banks” recognition and the selection process.

Bar Harbor Bankshares (NYSE American: BHB) is the parent company of its wholly owned subsidiary, Bar Harbor Bank & Trust. Operating more than 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. For more information about Bar Harbor Bank & Trust, visit www.barharbor.bank or call 888-853-7100. Member FDIC.

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