Bar Harbor Bankshares (NYSE American:BHB) has announced that the shareholders of Guaranty Bancorp, Inc., the parent company of Woodsville Guaranty Savings Bank, have approved a merger with Bar Harbor Bankshares. The shareholder meeting took place on June 12, 2025, marking an important milestone towards completing the merger. Curtis Simard, President and CEO of Bar Harbor Bank & Trust, expressed excitement about the merger, highlighting the strengthened New Hampshire presence it will bring. James E. Graham, President & CEO of Woodsville Guaranty Savings Bank, also expressed confidence in the merger, noting the expanded services and support it will provide to their communities. The merger is expected to be finalized in the summer of 2025, pending regulatory approvals and closing conditions.
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