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.
At a time when it’s not fashionable to praise Washington, Ed Danek thinks he’s seen government at its best.
Regulatory hurdles remain after Boston credit union's members approve change to co-operative bank charter.
Boston-area credit union founded in 1917 now to make move to mutual co-operative bank charter.
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.
Special meeting date falls 13 months after Boston-area credit union first announced its intentions.
In September, members of Technology Credit Union voted resoundingly to reject a proposal to convert their institution to a mutual bank.
RTN Federal Credit Union of Waltham, Mass., hopes to complete merger of Medical Area Federal Credit Union of Brookline, Mass., by Aug. 1.
NCUA Board Chairman Debbie Matz doubts a conversion of the $1.8 billion HarborOne Credit Union to a bank would benefit most members.