HarborOne Bancorp : Bank to Open First Boston Branch

HarborOne Bank announced today it will open a new branch office in Downtown Boston in the third quarter of 2019. The branch opening at 64 Broad Street - its first in the City of Boston - will mark yet another major milestone in HarborOne's growth and expansion across the New England market.

'This branch will be an important customer-service option and a highly visible point of entry for the HarborOne brand in Boston,' said James W. Blake, CEO of HarborOne Bank. 'A significant number of our customers, both consumer and commercial, work in Boston or do business there. This makes sense for them as it makes sense for our efforts to provide full banking services to a broad and growing customer base.'

The historic 64 Broad Street space is attached to 20 Custom House Street, which already houses a HarborOne Bank Loan Production Office. Upon final approvals, the Boston branch will feature comprehensive retail and consumer banking services, a full suite of small business and commercial banking products and services, and an array of credit and lending products for both commercial and personal banking needs.

'This new branch in Downtown Boston is representative of the aggressive growth and enhanced brand awareness we've been achieving over the last five years in New England,' said Joseph F. Casey, President of HarborOne Bank.

HarborOne converted to a mutual savings bank in 2013 and a mutual holding company with shares trading publicly on the NASDAQ (HONE) in 2016. HarborOne acquired Rhode Island's Coastway Bancorp in 2018 as well as Cumberland County Mortgage of Portland, Maine. In 2015, HarborOne acquired the New Hampshire based Merrimack Mortgage Company.