"Focus on Down East." This has been a season of unrest at Bar Harbor Bankshares

Authors

Michaela Cavallaro

Source

Mainebiz

Date

9-2-2002

Pages

1, 12-13

Abstract

"Focus on Down East." This has been a season of unrest at Bar Harbor Bankshares, culminating in a lawsuit claiming the bank's financial services cost one customer more than $150,000 from her retirement fund. Its long-established trust division had for years a finger in the financial-services pie, and it formed BTI Financial Group in 1999. Much of what happened then remains under wraps, and executives Paul Ahern and Bonnie McFee have become the subject of a number of legal actions by their previous employer (Maine Savings Bank) and their shareholders, as well as arbitration over their current employment. Details.

Subjects

Actions and defenses, Banks and banking, Bar Harbor Bankshares, Ahern, Paul, McFee, Bonnie

Recommended Citation

Cavallaro, Michaela, ""Focus on Down East." This has been a season of unrest at Bar Harbor Bankshares" (2002). Maine News Index – MaineBiz. 2151.
https://digitalcommons.portlandlibrary.com/news_mainebiz/2151