From the community

BAR HARBOR BANK & TRUST AWARDS SCHOLARSHIPS TO LOCAL STUDENTS STARTING COLLEGE

Ryan Denbow
BHBTCathy | BDN
Ryan Denbow
Posted Aug. 25, 2014, at 3:34 p.m.
Abigail Knowlton
BHBTCathy | BDN
Abigail Knowlton
Josephine Schamle
BHBTCathy | BDN
Josephine Schamle
Karigan Scanlon
BHBTCathy | BDN
Karigan Scanlon
Kristina Wood
BHBTCathy | BDN
Kristina Wood
Mikayla Myers
BHBTCathy | BDN
Mikayla Myers

NEWS RELEASE

FOR IMMEDIATE RELEASE

CONTACT: Cathy Planchart, VP

Corporate Communications & Community Relations

Bar Harbor Bank & Trust

P.O. Box 1089, Ellsworth, ME 04605

207-667-0660 x4655 / cplanchart@bhbt.com

DATE: August 25, 2014

TITLE: BAR HARBOR BANK & TRUST AWARDS SCHOLARSHIPS TO LOCAL STUDENTS STARTING COLLEGE

Bar Harbor, Maine – For many years Bar Harbor Bank & Trust has awarded scholarships to local high school graduating seniors to help offset the cost of attending college. Annually the Bank awards $8,500 in scholarships, sixteen awards of $500 each, to graduates from Eastport to Deer Isle.

Each spring the scholarship committees of designated high schools are asked to nominate students to receive the Bar Harbor Bank & Trust awards. The funds are paid directly to the college or university, after the scholarship recipient successfully completes the first semester and enrolls for the second semester. “Bar Harbor Bank & Trust is pleased to support higher education by awarding these scholarships to graduating seniors. Please join us in congratulating these fine young people and encouraging them in their pursuit of a college degree,” said Curtis Simard, President of Bar Harbor Bank & Trust.

The Bankers and Business scholarship was established to support higher education for students pursuing a banking or business related degree. To qualify, students must have enhanced their education through participation in extracurricular activities, proven to be strong citizens at school and in the community, and encouraged others to be involved. Bar Harbor Bank & Trust Bankers and Business scholarship award recipients for 2014 include:

Abigail Knowlton of Deer Isle, a graduate of Deer Isle-Stonington High School, plans to attend Gordon College.

Katelyn Curtis of Ellsworth, a graduate of Ellsworth High School, plans to attend Husson University.

Emilio Codega of Castine, a graduate of George Stevens Academy, plans to attend University of Southern Maine.

Ryan Denbow of Lubec, will attend University of New England.

Karigan Scanlon of Machias, a graduate of Machias Memorial High School, plans to attend Maine Maritime Academy.

Ronald Musetti of Mount Desert, a graduate of Mount Desert Island High School, will attend the University of Colorado at Boulder.

Emily Grant of Addison, a graduate of Narraguagus High School, plans to attend University of Maine.

Mikayla Myer of Robbinston, a graduate of Shead High School, plans to attend the Washington County Community College.

Jordan Hanscom of Sullivan, a graduate of Sumner Memorial High School will attend Maine Maritime Academy

Kristina Wood of East Machias, a graduate of Washington Academy, plans to attend Liberty University.

Over the years Bar Harbor Bank & Trust has established other scholarships in memory of long-term Bank employees and directors. Horace E. Bucklin was a prominent Northeast Harbor contractor who was involved in several Bank branch construction projects. He was elected as a Bar Harbor Bank & Trust director in 1941 and served later as Chairman of the Board from 1980 to 1983. In honor of Mr. Bucklin’s long tenure with the Bank, a scholarship was established in his memory. Spencer Forrest of Trenton, a graduate of Mount Desert Island High School, was awarded the Horace E. Bucklin scholarship for 2014. Spencer plans to attend Eastern Maine Community College.

Carroll C. Brown was appointed to the Bar Harbor Bank & Trust board of directors in 1938 and in the 1970s Mr. Brown was the first to fill the newly revived post of Chairman of the Board. During his long tenure, Mr. Brown was the administrator of seven Bar Harbor Bank & Trust presidents. Sierra Bloom of Bar Harbor, a graduate of Mount Desert Island High School was awarded the Carroll C. Brown scholarship for 2014. Sierra plans to attend University of Maine.

Albert H. Cunningham was one of Bar Harbor Bank & Trust’s most dedicated staff. Starting in 1929, Mr. Cunningham remained involved in the Bank for 51 years, serving as director, treasurer, vice president and chairman. Mr. Cunningham was an endless supporter of education, especially within the Mount Desert Island School District. Maggie Painter of Bar Harbor, a graduate of Mount Desert Island High School was awarded the Albert H. Cunningham scholarship for 2014. Maggie plans to attend Smith College.

Robert H. Avery joined Bar Harbor Bank & Trust in 1953. During his 43 years of service, Mr. Avery held nearly every job in the Bank from the mailroom to the boardroom, serving on the board of directors. He was Bank president from 1971-1986. Mr. Avery, a student of banking and the economy, inspired both his co-workers and the Bank to even greater achievements. In memoriam the Board of Director’s established a scholarship in his name to be awarded annually to a graduate who is a Lubec resident. Ryan Denbow of Lubec was awarded the Robert H. Avery scholarship for 2014. Ryan plans to attend University of New England.

Roger L. Willey was a long time director of Bar Harbor Bank & Trust. He was a businessperson, owning a successful retail-clothing store in Ellsworth. In Mr. Willey’s memory the Bank established this scholarship. Josephine Schamle of Ellsworth, a graduate of Ellsworth High School was awarded the Roger L. Willey scholarship for 2014. Josephine plans to attend Florida Institute of Technology.

Bar Harbor Bank & Trust is a true community bank with more than $1.4 billion in assets. Founded in 1887, the Bank offers a full range of financial services for families, businesses, and non-profit organizations throughout Maine with 15 branch locations, from Topsham to Lubec. Bar Harbor Bank & Trust, Member FDIC, is a subsidiary of Bar Harbor Bankshares (NYSE MKT:BHB) and was named one of the 2014 Best Places to Work in Maine and one of the 2014 Top 200 Community Banks in the nation by American Banker magazine. For more information call 1-888-853-7100 or go to www.bhbt.com.

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