Bar Harbor Bank & Trust vs Machias Savings Bank
Comparing a Bank in Bar Harbor, ME with a Bank in Machias, ME using federal FDIC, NCUA, and CFPB data. Trust Grades reflect financial strength and complaint history.
| Bar Harbor Bank & Trust ↗ Bank · Bar Harbor, ME · Est. 1887 | Machias Savings Bank ↗ Bank · Machias, ME · Est. 1869 | |
|---|---|---|
| Trust Grade | A · 98/100 | A · 97/100 |
| Institution type | Bank | Bank |
| Location | Bar Harbor, ME | Machias, ME |
| Total assets | $4.7B | $2.6B |
| Capital ratio | 12.5% | 11.3% |
| Return on assets | 1.3% | 0.9% |
| Deposits | $3.9B | $2.3B |
| Branches | 62 | 16 |
| CFPB complaints | 0 | 0 |
| Complaints / $1B assets | — | — |
| State rank | #1 of 22 | #6 of 22 |
| Established | 1887 | 1869 |
Bar Harbor Bank & Trust
- Assets: $4.7B
- Deposits: $3.9B
- Capital ratio: 12.5%
- Return on assets: 1.3%
- CFPB complaints: 0
- State rank: #1 of 22
Machias Savings Bank
- Assets: $2.6B
- Deposits: $2.3B
- Capital ratio: 11.3%
- Return on assets: 0.9%
- CFPB complaints: 0
- State rank: #6 of 22
Are both institutions federally insured?
Yes. Bar Harbor Bank & Trust is FDIC-insured and Machias Savings Bank is FDIC-insured. Both protect deposits up to $250,000 per depositor, per ownership category, regardless of Trust Grade. The Trust Grade reflects financial strength and complaint history — not the safety of insured deposits. Estimate your coverage →
Frequently asked questions
Which is better, Bar Harbor Bank & Trust or Machias Savings Bank?
Based on Bankzia's Trust Grade — which blends financial strength (capital ratio, ROA) with CFPB complaint history — Bar Harbor Bank & Trust scores higher with a grade of A (98/100). However, "better" depends on your needs: if you prioritize branch access, local service, or membership eligibility for a credit union, the lower-scoring option may still be the right choice for you.
Is Bar Harbor Bank & Trust safe?
Yes — Bar Harbor Bank & Trust is FDIC-insured, meaning deposits up to $250,000 per depositor, per ownership category are federally protected regardless of the institution's Trust Grade. Its Trust Grade is A (98/100), reflecting its financial strength and complaint history relative to peers.
Is Machias Savings Bank safe?
Yes — Machias Savings Bank is FDIC-insured, meaning deposits up to $250,000 per depositor, per ownership category are federally protected. Its Trust Grade is A (97/100).
What is the capital ratio of Bar Harbor Bank & Trust vs Machias Savings Bank?
Bar Harbor Bank & Trust has a capital ratio of 12.5%, placing it in the top 19% of $1B–10B peers. Machias Savings Bank's ratio is 11.3%, placing it in the top 34% of $1B–10B peers. A higher capital ratio generally signals a stronger financial cushion.
How many complaints does Bar Harbor Bank & Trust have compared to Machias Savings Bank?
The CFPB database shows 0 complaints against Bar Harbor Bank & Trust, and 0 complaints against Machias Savings Bank. The per-$1B rate adjusts for institution size and is a more meaningful comparison metric.
How does Bankzia calculate the Trust Grade?
The Trust Grade combines a financial strength score (based on capital ratio, return on assets, and other FDIC/NCUA metrics) with a customer experience score derived from CFPB complaint data. The scores are weighted and normalized within peer groups by institution size and type. See our full methodology for details.
Compare Bar Harbor Bank & Trust with other Banks in Maine
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is independent and not affiliated with any government agency or financial institution.
