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.
Treasury Services
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.
Learn more about Bar Harbor Business Online
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.
Learn more about Remote Deposit Capture
Manage Risk
Positive Pay is designed to detect and prevent check and ACH fraud on checking accounts.
Manage Liquidity
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.
Learn more about our programs for managing liquidity
For a complimentary relationship review to better streamline your day-to-day cash management for increased profitability and productivity, email treasuryservices@barharbor.bank.
Additional Services
Loans
All municipalities have ongoing financing needs, which can include managing cash flow, balancing the fiscal budget, purchasing new equipment, and making improvements in infrastructure.
Learn more about municipal lending solutions
Investments
Bar Harbor Wealth Management provides trust administration, investment management, financial advisory, and custodial services for municipal clients throughout Northern New England.
Learn more about our Trust Services
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 treasuryservices@barharbor.bank.
