FED announces approval of application by Bangor Bancorp, MHC


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October 22, 2020

FED announces approval of application by Bangor Bancorp, MHC

For release at 4:00 p.m. EDT

The FED on Thursday announced its approval of the application under section 3 of the Bank Holding Company Act of 1956 by Bangor Bancorp, MHC, Bangor, Maine, to acquire Damariscotta Bankshares, Inc., & thereby indirectly acquire its subsidiary state nonmember bank, Damariscotta Bank & Trust Co., both of Damariscotta, Maine.

Attached is the Board’s order relating to this action.

For media inquiries, call 202-452-2955.

Last Update:

October 22, 2020

Source: Federal Reserves

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