BAR HARBOR BANK & TRUST ANNOUNCES JAIME FREDERES AS SENIOR VICE PRESIDENT, DIRECTOR OF RESIDENTIAL LENDING

Manchester, New Hampshire – Bar Harbor Bank & Trust has named Jaime Frederes as its Senior Vice President and Director of Residential Lending. Frederes is responsible for the overall bank leadership, franchise growth and business-line profitability of the Residential Lending division throughout the Bank’s footprint of Maine, New Hampshire and Vermont.  Frederes’ office is located at 1000 Elm Street in Manchester, New Hampshire.  

 With over 20 years’ experience in residential lending leadership at both regional and national lending institutions,  Frederes is especially skilled at developing successful processes and training to provide the best products and customer service to those seeking home financing. Most recently Frederes was Vice President, Area Lending Manger for Bank of America in Southern/Central Massachusetts and Rhode Island. Prior to that role he served as Vice President, Area Lending Manager for Bank of America for Northern New England.
 
“Jaime is a seasoned executive with a history of demonstrated achievement and performance in all aspects of Residential Lending, one of our critical and core business lines. We welcome Jaime to our team,” commented John Mercier, EVP and Chief Lending Officer at Bar Harbor Bank & Trust. Frederes holds a bachelor’s degree in management with a concentration in finance from St. John Fisher College in Rochester, New York.  In the community he has served as both President and an Advisory Board Member of the Mortgage Bankers Association of Genesee Region and a Board Member of Bishop Sheen Ecumenical Housing Foundation.
 
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.

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CONTACT:
Cathy Planchart, VP
 Product & Segment Marketing Manager
 Bar Harbor Bank & Trust
 P.O. Box 1089, Ellsworth, ME  04605
 cplanchart@barharbor.bank