Rhode Island community bank was credit union until 2009 conversion to mutual charter, now seeking further charter change.
When the business day began on July 1, the $1.8 billion HarborOne Credit Union in Brockton, Mass., one of the oldest credit unions in the country, opened its doors as HarborOne Bank.
Boston-area credit union, one of nation's oldest, secures final piece in FDIC approval and making the switch over the weekend.
FDIC nod all that remains before Boston-area credit union completes largest charter switch yet.
Members will cast their vote Monday on whether to convert the $1.8 billion HarborOne CU in Brockton, Mass., to a mutual co-operative bank charter.
I just read Mike Welch's Sept. 14 column and you know it proves even more that sometimes you just have to call a spade a spade . especially on the charter conversion issue. I am always amused by how these high-profile credit union "leaders" and consultants try to wow us...