Bar Harbor Bank to acquire Border Trust

Bar Harbor Bankshares has signed an agreement to acquire Augusta-based Border Trust and continue to operate all of its branches in Augusta, South China and Topsham.
Through its subsidiary, Bar Harbor Bank, the company will acquire most of the assets and liabilities of Border Trust, should regulators approve the deal, the bank said in a press release. Bar Harbor will pay a 3.85% premium for all of Border Trust's core deposits, and will purchase th ...