Federal Reserve Board announces approval of application by Bangor Bancorp, MHC

Posted on October 22, 2020Comments Off on Federal Reserve Board announces approval of application by Bangor Bancorp, MHC

Washington, DC (STL.News) The Federal Reserve Board 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., and thereby indirectly acquire its subsidiary state nonmember bank, Damariscotta Bank & Trust Co., both of Damariscotta, Maine.

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Comments Off on Federal Reserve Board announces approval of application by Bangor Bancorp, MHC