Alison Applegate
Bar Harbor Bankshares
Updated: July 21, 2023
Bar Harbor Bank new community banker to help small businesses with financing
Bar Harbor Bank & Trust has recently appointed an assistant vice president and community banking relationship manager who brings over 15 years of experience to the position.
Alison Applegate, who started her new role in June, will be responsible for helping entrepreneurs from Waterville to Rockland find financing and deposit solutions for their small businesses, the bank said.
Applegate has experience in lending and sales; she began her career in banking as a commercial banker at Machias Savings Bank, where she focused on preparing and submitting loan packages for underwriting and processing to establish and maintain customer relationships.
For the past 10 years, Applegate worked at Bangor Savings Bank as an assistant branch manager, working her way up to consumer relationship manager.
She has completed coursework from American Bankers Association on topics including tax strategies and analyzing financial statements. She is registered with the Nationwide Mortgage Licensing System and is also a State of Maine Notary Public.
Her community activities include serving as treasurer for a local Girl Scout trop and volunteering at multiple animal rescue organizations.
Bar Harbor Bankshares (NYSE American: BHB) is the parent company of Bar Harbor Bank & Trust. Operating over 50 locations across Maine, New Hampshire and Vermont, Bar Harbor Bank & Trust has more than $3.9 billion in assets.
Bar Harbor Bank & Trust was ranked No. 3 among the largest Maine-based banks in the 2023 Mainebiz Book of Lists, based on assets as of June 30, 2022.
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