A guide to account updates
Here at Lake Sunapee Bank, we recently completed a merger with
Bar Harbor Bank & Trust, uniting two northern New England banks
with deep commitments to community banking and outstanding
customer service. We were fortunate to find a partner who shares
our principles, and values the local bonds we have established.
Table of Contents
What You Need to Know . . . . . . . . . 3
In the following pages, you will find everything you need to know
about our exciting new products and services. The merger has allowed
us to grow stronger while staying local, retaining our name, and
honoring our commitment to you, your family, and your community.
Savings Accounts . . . . . . . . . . . . . . 10
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Questions? Call us at 800-281-5772 or visit your local branch.
Personal Checking . . . . . . . . . . . . . . 6
Business Checking . . . . . . . . . . . . . . 8
Borrowing Solutions . . . . . . . . . . . . 13
Wealth Management,
Insurance, and Investments . . . . . 14
Bringing our two banking organizations together has created an opportunity
to carefully examine our products and services and make some significant
enhancements that will become effective on May 22, 2017.
For a smooth transition as we upgrade your banking experience,
please note several key items requiring your attention.
Branches
All Lake Sunapee Bank branches will remain open, operating as a division
of Bar Harbor Bank & Trust. They will continue to be staffed by the same
friendly, helpful, and knowledgeable people you have come to know and
trust to handle your banking needs.
Transition Weekend (Friday, May 19 through Monday, May 22)
Branches typically open on Saturdays will be closed on May 20 while we
update our operating systems.
You may experience some access interruptions at ATMs and when using
your VISA® Debit card. Telephone Banking will not be available.
Access to Online and Mobile Banking will be limited to inquiry only,
reflecting balances as of May 18, 2017.
Founded in 1887, Bar Harbor Bank & Trust
is a full-service community bank offering
a wide range of financial services for
individuals, families, businesses, and
non-profit organizations. Featuring 14
convenient branch locations along the
coast of Maine, we recognize, appreciate,
and support the unique people and
culture in the places they call home.
We sincerely apologize for any inconvenience this may cause. That’s
why you may want to have available a secondary form of payment,
such as cash or checks, during the transition weekend. Also, you may
want to plan ahead for any online transactions you wish to make.
www.lakesunbank.com
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Account Numbers
Only a handful of account numbers are changing. If your account
number is changing, you would have already been notified. Otherwise,
your account number is not changing.
Checks: You can continue to use your current checks as you always have.
ATM/Debit cards: You can continue to use your current ATM or
VISA® Debit card as you always have.
Direct Deposits and Automatic Payments: There will be no interruption
of these services.
New Routing Number: 011201759 To prevent any future disruption in
direct deposits and automatic payments, as of May 22, 2017 we
encourage you to provide this new Routing Number to your direct deposit sources (like an employer or Social Security) and to recipients
of automatic payments from your checking account (like utilities or
insurance companies).
Alert Center
As of May 19, 2017 this service is being suspended. A new notification and
verification system, which will provide additional protection against card
fraud, is under development.
Service Fees
Please review the list of service fees found in the enclosed Account
Agreement and Disclosures booklet, as some fees are changing.
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Questions? Call us at 800-281-5772 or visit your local branch.
Checking Account Statements
You will receive a statement as of May 18, 2017. This will occur regardless
of your current cycle. After May 22, you will begin receiving a statement on
a regular basis. The timing of your new account statement may change,
depending on which checking account product you are using.
Overdraft Protection
Your overdraft coverage from a line of credit or a linked savings account
will continue. However, the limits for Overdraft Protection service have
changed from what you currently have (please see the grid below).
ACCOUNT TYPE
LIMIT
ACCOUNT TYPE
LIMIT
Edge Account
Not Offered
Preferred Checking
$800
Simple Checking
$500
E-Choice Checking
$500
Online and Mobile Banking
The ID and PIN you use to log onto the system are not changing. If you are
a Mobile Banking user, you will be prompted to download our new app.
Coming soon!
A new, more secure, website for
the entire company, located at
www.barharbor.bank.
FDIC Insurance Coverage
Bar Harbor Bank & Trust and Lake Sunapee Bank, a division of Bar Harbor Bank & Trust, exist as one institution for
FDIC insurance purposes. $250,000 is the standard limit of federal deposit insurance coverage for a depositor at
a single bank in each “ownership category.” FDIC has a special rule that says when two banks merge, a customer’s
deposits will be considered to be separately insured — as if the two banks are still operating separately — for at
least six months and possibly longer for certificates of deposit (CDs) tied to the maturity date. The six-month grace
period will end on July 13, 2017. If your combined deposit balance exceeds $250,000, please contact us to review
available options. More information about FDIC deposit insurance can be found at: www.fdic.gov/deposit.
www.lakesunbank.com
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Our new lineup of checking accounts and electronic services makes paying
others a breeze. Keep your money safe, but easily accessible in one of our
attractive new checking account options sure to fit every lifestyle. And,
don’t forget, you can now do your banking at 14 additional branches along
the coast of Maine!
Introducing E-Choice Checking
If you enjoy the convenience of using a debit card and online
banking, then consider E-Choice Checking! Earn a premium
interest rate on the first $10,000 in your account just by meeting
all the “monthly qualifiers” each statement cycle. When you do,
you will also receive up to $25 in non BHBT or LSB ATM fee
refunds for that statement cycle. Sign up and remain enrolled
in eStatements and the $6 monthly service charge is waived!
Monthly qualifiers include:
ūūUse your VISA® Debit card for at least 12 purchases
(excludes pending and ATM transactions), and
ūūHave at least one electronic (ACH) credit or debit on the
account, and
ūūAccess Online Banking at least once during the
statement cycle, and
ūūSign up and remain enrolled in eStatements.
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Questions? Call us at 800-281-5772 or visit your local branch.
Current Product Names
New Product Name
Key Features Effective May 22, 2017
Edge Account
Edge Checking
• Completely electronic account. Avoid a $10 monthly paper statement
fee by signing up for eStatements.
• VISA® Debit card access, no checks available.
• Protects from costly overdraft fees.
• $1 fee for over-the-counter withdrawals.
Essential Checking
eChecking
Basic Checking
Student Checking
Senior Checking
Paycheck Plus
Forever Free Checking
TNB* Common Sense Checking
Simple Checking
• No monthly service charge, no minimum balance.
Relationship Checking
Preferred Checking
• Check images not included in statement for accounts
opened on or after May 22, 2017.
NOW Navigator
• Avoid an $8 monthly service charge in one of three ways:
ūūMaintain an average daily balance of $500 or more in this account, or
ūūMaintain a combined balance of $50,000 or more in all
consumer deposit accounts, or
ūūMaintain a total consumer loan balance of $100,000 or more.
NOW Checking
• Earns tiered interest rates on all balances.
Otter Rewards Checking
NOW Admiral
• Complimentary first order of checks with new account.
• Check images available.
Health Savings Account
Health Savings Account
• No monthly service charge; no set-up fee.
• Tiered interest rate.
Please refer to the Account Agreement and Disclosures booklet for more information and an updated Fee Schedule and Privacy Notice.
*TNB – The Nashua Bank, has transitioned to Lake Sunapee Bank, a division of Bar Harbor Bank & Trust.
www.lakesunbank.com
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A Business Checking account helps keep the revenue and expense side of your business in good order.
Our diverse lineup of affordable new Business Checking accounts assures you will find one to meet all your needs.
Current Product Names
New Product Name
Key Features Effective May 22, 2017
Business Essential Checking
Easy Business Checking
• No monthly service charge.
• First 25 checks paid/items deposited per statement cycle are free,
$0.25 per check paid/item deposited thereafter.
Business Checking
• No check images available.
Small Business Checking
Relationship Business
Checking
• Avoid a $10 monthly service charge in one of two ways:
ūū$5,000 average daily balance, or
ūū$25,000 outstanding loan balance.
• First 100 checks paid/items deposited per statement cycle are free, $0.25
per check paid/item deposited thereafter.
• Check images available.
TNB* Business Interest Checking
Business Interest Checking
Business Interest Checking
NOW Business Checking
Business Checking with Interest
• Avoid a $10 monthly service charge by maintaining a $15,000 average
daily balance.
• Earns tiered interest rates on all balances.
• First 50 checks paid/items deposited per statement cycle are free,
$0.25 per check paid/item deposited thereafter.
• Check images available.
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Questions? Call us at 800-281-5772 or visit your local branch.
Current Product Names
New Product Name
Key Features Effective May 22, 2017
Commercial Checking
Commercial Checking
• Earnings credit may offset a $10 monthly service charge and fees.
• No deposit item fee, no charge for electronic credits.
Business Plus Checking
• Per deposit fee of $0.50; $0.25 per check paid.
• Check images available.
Non-Profit Checking
Non-Profit Addendum Checking
TNB* Non-Profit Checking
Municipal Checking
Non-Profit NOW
Prime Checking
Non-Profit Savings
Non-Profit Checking
• No monthly service charge.
• Check images available.
Please refer to the Account Agreement and Disclosures booklet for more information and an updated Fee Schedule and Privacy Notice.
*TNB – The Nashua Bank, has transitioned to Lake Sunapee Bank, a division of Bar Harbor Bank & Trust.
Your relationship with your local banker is a valuable resource. Now with greater lending strength,
we are better equipped to help you start or grow your business. Contact one of our Business Bankers today.
www.lakesunbank.com
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Saving money gives you peace of mind, expands your options in life, and paves the way to a more comfortable
retirement. Lake Sunapee Bank offers a wide variety of savings accounts with varying terms, the security of FDIC
insurance, and the convenience and safety of online statements. When you are ready to start saving, we can help.
Current Product Names
New Product Name
Key Features Effective May 22, 2017
Savings
Statement Savings
Common Sense Savings
TNB* Business Savings
eStatement Savings
Statement Savings
• Avoid a $3 monthly service charge:
ūūby maintaing a $100 average daily balance, or
ūūif the primary account holder is a minor or a student under age 22, or
ūūif your savings account statement is combined with your checking
account statement.
• Tiered interest rate.
• ATM card available.
Savings Transfer Club
Tax Savings
Savings Transfer Club
Money Market
Executive Business Money Market
Business Money Market Collateral
TNB* Business Money Market
TNB* Common Sense Money Market
Money Market
Passbook
Common Sense Passbook
Passbook Savings
• No monthly service charge.
• Earns interest.
• Avoid a $10 monthly service charge by maintaining a $1,000 average
daily balance.
• Tiered interest rate.
• Check images and ATM or VISA® Debit card available.
• No new accounts being offered.
*TNB – The Nashua Bank, has transitioned to Lake Sunapee Bank, a division of Bar Harbor Bank & Trust.
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Questions? Call us at 800-281-5772 or visit your local branch.
Bar Harbor Bankshares is
proud to be recognized as
one of America’s top
banks in 2016.
www.lakesunbank.com
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It starts with your vision.
We are ready to help you see it through to reality.
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Questions? Call us at 800-281-5772 or visit your local branch.
For your business or for your personal needs, we offer a broader range of
borrowing options.
Commercial Lending
Greater lending strength for your business is now available from your local
community bank. Our experienced Business Bankers provide creative
financial solutions for businesses of all sizes with decisions made locally.
When you’re ready to start or grow your business, purchase new equipment,
or just need some extra cash to get through the lean times, we make it quick
and easy to get the financing you need. Our dedicated Business Bankers
work on your schedule where you do business and provide quick response
times. We have in-depth expertise in a broad range of industries as well as
experience with various small business financing programs. We are an SBA
Preferred Lender. Call us today to get started.
Vehicle Loans
Need a loan to purchase an automobile, truck, boat, motorcycle, recreational,
or farm vehicle? New or used, we provide financing to get you moving in the
right direction. A rate discount is provided for hybrid vehicles.
A wide variety of personal loans, including an overdraft line of credit
linked to your checking account, is also available.
Mortgage Loans
We know northern New England and we
know home mortgages. Our local Mortgage
Lenders will help you choose the right
mortgage solution from a flexible new
array of mortgage loan products. You will
enjoy outstanding personal service from
application through closing. We service 99%
of our mortgages, so we are with you for
the life of your loan. Start your application
online today.
www.lakesunbank.com
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,
We believe everyone deserves to feel confident and secure in their financial future. That’s why we offer additional
non-bank products and services, making it easier for you to grow, protect, and transfer your wealth. We invite you
to expand your relationship with us. Just give us a call!
If you already work with one or more of these companies, rest assured,
there is no change expected in the way your services are provided currently.
Charter Trust Company provides trust administration, investment management, and financial advisory services
for individuals, businesses, non-profit organizations, and municipal clients throughout northern New England.
We’ve been helping clients create and manage their wealth since 1984. Our team of seasoned professionals is
focused on achieving your financial goals. Call us at 603-224-1350.
Charter Trust Company is a subsidiary of Bar Harbor Bank & Trust. Investment products are not deposits or obligations of the Bank, are not FDIC insured, are not guaranteed by the Bank
and are subject to investment risk, including possible loss of value or principal amount invested.
McCrillis & Eldredge Insurance is an independent insurance agency providing quality protection to businesses,
individuals, and families since 1890 with superior local service and quality insurance solutions. Need insurance
for your home, auto, life, and business? We take the time to carefully evaluate your needs and provide you with
coverage you understand. As an independent agency, we offer a custom blend of options at affordable prices
from multiple insurance companies. Talk with one of our Trusted Choice agents today. Call us at 800-834-3677.
Insurance products are not deposits or other obligations of, or guaranteed by the bank, or an affiliate of the bank. Insurance products are not insured by the FDIC, or any other
agency of the United States, the bank, or any affiliate of the bank. Insurance products may involve investment risk, including the possible loss of value. Insurance products are offered
through McCrillis & Eldredge Insurance, a subsidiary of Bar Harbor Bank & Trust.
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Questions? Call us at 800-281-5772 or visit your local branch.
Bar Harbor Financial Services is a
branch office of Infinex Investments,
Inc., an independent registered brokerdealer offering securities and insurance
products. Enjoy local service with
national expertise and resources. Talk
with one of our Financial Consultants
about your personal financial goals,
and they will help you develop a
sensible investment approach that
matches your unique situation.
Call us at 800-479-9963.
Bar Harbor Financial Services is a branch office of Infinex
Investments, Inc., an independent registered broker-dealer
offering securities and insurance products which is not
affiliated with Bar Harbor Bank & Trust. Investment and
insurance products are offered through INFINEX INVESTMENTS,
INC. Member FINRA / SIPC. Products and services made
available through Infinex are not insured by the FDIC or any
other agency of the United States and are not deposits or
obligations of, nor guaranteed or insured by any bank or bank
affiliate. These products are subject to investment risk,
including the possible loss of value.
Not a Deposit
Not FDIC Insured
Not Insured by Any Federal
Government Agency
Not Guaranteed
by the Bank
May Lose Value
www.lakesunbank.com
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www.lakesunbank.com
800-281-5772
BAR101-LSB-BRO