Bar Harbor Bankshares Inc. has announced that it has received all necessary regulatory approvals for its acquisition of Guaranty Bancorp, Inc., the parent company of Woodsville Guaranty Savings Bank. The transaction is anticipated to close around July 31, 2025, pending the fulfillment of customary closing conditions. Curtis Simard, President and CEO of Bar Harbor Bank & Trust, expressed satisfaction with the approval, highlighting the merger's role in enhancing their presence in New Hampshire. The acquisition marks a significant step in Bar Harbor Bankshares' growth strategy, as it continues to expand its operations across Northern New England.
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