Industry participants aren't sure whether HarborOne Credit Union's possible conversion signals a growing trend or is just an aberration.
The $1.8 billion Brockton, Mass., credit union's announcement, and withdrawal from CUNA and the state league, joins similar moves by the $1.5 billion Technology CU in California and the $187 million HAR-CO Maryland FCU.
Tech CU is still considering conversion while HAR-CO Maryland plans to complete the process this month.
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