Bar Harbor Bank & Trust is proud to provide robust Treasury Services solutions to government entities across Maine, New Hampshire, and Vermont. Our comprehensive suite of services helps local municipalities save time and money by facilitating payables and receivables, preventing fraud, and maximizing earnings on working capital.
Streamline Day-to-Day Cash Management
Many government functions occur outside of normal business hours. Bar Harbor Business Online banking offers the convenience of 24/7 access to information. You may assign different levels of authority and access to multiple employees, send domestic and international wires, and initiate ACH transactions including payroll direct deposit.
Facilitate Payables & Receivables
Remote Deposit Capture1 technology offers towns the ability to deposit checks to their accounts quickly and efficiently without leaving the office. This is particularly helpful during periods of high activity.
Positive Pay is designed to detect and prevent check and ACH fraud on checking accounts.
We can help you maximize earnings on excess funds using a variety of investment options. Municipal funds in excess of the FDIC insured limit may be collateralized by the pledge of qualifying securities.
For a complimentary relationship review to better streamline your day-to-day cash management for increased profitability and productivity, email email@example.com.
All municipalities have ongoing financing needs, which can include managing cash flow, balancing the fiscal budget, purchasing new equipment, and making improvements in infrastructure.
Bar Harbor Trust Services provides trust administration, investment management, financial advisory, and custodial services for municipal clients throughout Northern New England.
Requests for Proposals
When it is time to send out Requests for Proposals for banking services, Bar Harbor Bank & Trust would be pleased to respond. Simply e-mail firstname.lastname@example.org.