Bar Harbor Bank & Trust Pledges $100,000 to Support Newport Community Center Capital Campaign
Newport, New Hampshire (May 6, 2019) – Bar Harbor Bank & Trust has made a pledge of $100,000 to support the planned Newport Community Center capital campaign. Bank President & CEO Curtis Simard announced the pledge last week after a meeting was held with members of the new Center’s planning committee.
“We continue to expand and invest in the Newport area; this investment has included a needed renovation of our branch and operations center located in Newport, as well as hiring more employees and adding more customers. It is a natural step for Bar Harbor Bank & Trust to make the decision to participate in and support the region through a significant investment in the Newport Community Center,” said Simard. “In addition to all of our activities, we are pleased to pledge $100,000 to the Newport Community Center’s capital campaign. The new Center will serve the evolving needs of the community, providing an exceptional place for both traditional recreation and new, innovative programming as a multipurpose facility.”
The proposed 19,720 square foot Newport Community Center will be located on Meadow Road, across from the Newport High School baseball field. The cost for the Newport Community Center is projected to be $6.5 million. A proposed municipal bond of $3 million for the construction of the facility will go to town vote on May 14. The remaining funds are to be raised through philanthropic support provided by individuals, businesses, and foundation grants.
For more information on the proposed Newport Community Center, including the feasibility study and donor form, can be found on the Town of Newport website under the Parks & Recreation department: www.newportnh.gov/parks-recreation. The mission of the Newport Recreation Department is to provide a wide range of leisure activities for people of all ages to enjoy, focusing on participation, fun and fitness while enhancing the mind, body and spirit. Visit www.newportrec.com.
Bar Harbor Bankshares (NYSE American: BHB) is the parent company of its wholly owned subsidiary, Bar Harbor Bank & Trust. Operating over 50 locations across Maine, New Hampshire and Vermont, Bar Harbor Bank & Trust is headquartered in Bar Harbor, Maine and has more than $3.6 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 subsidiaries Bar Harbor Trust Services and Charter Trust Company. For more information about Bar Harbor Bank & Trust, visit www.barharbor.bank or call 888-853-7100. Member FDIC.