Town of Lempster Board of Selectmen Meeting Minutes April 2026
Town Retains Operating Funds with Bar Harbor Bank
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Description
The Town of Lempster Board of Selectmen chose to maintain its operating funds with Bar Harbor Bank and continue using a money market account for town liquidity. The decision emphasizes FDIC insurance, convenient local transfers, and strengthened loan terms through a broader banking relationship.
Contract Details
Vendor
BAR HARBOR BANK
Agency
Town of Lempster, NH
Contract Type
FINANCIAL_SERVICES
Document Date
April 28, 2026
Renewal Info
Board will reassess interest rates and banking terms periodically, with a suggested semiannual review; no fixed end date specified for the banking relationship.
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