Published: 10/17/2019 10:12:05 PM
Modified: 10/17/2019 10:11:54 PM
QUECHEE — Bar Harbor Bank & Trust is closing its Route 4 branch in Quechee and a drive-up window on Sunapee Street in Newport, according to a notice the bank sent Maine financial regulatory authorities.
The branch closings are among five branches in New Hampshire and Vermont that the Maine-based Bar Harbor is closing, including locations in Nashua; West Rutland, Vt.; and Brandon, Vt.
The bank did not cite a reason for the closings, but thousands of bank branch locations across the country have closed in recent years as customers have shifted to online banking and visits to brick-and-mortar branches decline.
Bar Harbor acquired the branches as part of its 2016 merger with the former Lake Sunapee Bank.
Joseph Schmitt, chief marketing officer of Bar Harbor, told the Bangor Daily News that the five branches are expected to close by Dec. 31.
A spokesperson for Bar Harbor did not respond to a message for comment.