HarborOne Bancorp (NASDAQ:HONE) is the bank holding company for HarborOne Bank, a mutual community bank headquartered in Brockton, Massachusetts. Established in 2005 as Brockton Bancorp, the organization rebranded to HarborOne Bancorp in 2014 to reflect its growing regional presence. Over time, HarborOne has concentrated on blending traditional community banking values with modern digital capabilities, positioning itself as a locally focused institution with a broad range of financial solutions.
In the consumer banking segment, HarborOne offers a full suite of deposit products including checking and savings accounts, money market funds and certificates of deposit. The company also specializes in residential mortgage lending, home equity lines of credit and auto financing, catering to the needs of individuals and families throughout eastern Massachusetts and parts of Connecticut and Rhode Island. Digital banking tools such as mobile deposit, online bill pay and person-to-person payments complement its branch network, ensuring a seamless customer experience.
On the commercial side, HarborOne delivers tailored services for small and medium-sized enterprises, nonprofits and professional practices. Business offerings encompass commercial real estate loans, SBA lending, equipment financing and working capital lines. The bank’s treasury management platform provides ACH origination, wire transfers and merchant acquiring services, while its trust and wealth management division supports corporate fiduciary requirements and high-net-worth personal portfolios. This diversified approach helps local businesses manage cash flow, optimize receivables and plan for growth.
Under the leadership of Mark A. Toy, President and Chief Executive Officer, HarborOne emphasizes community involvement and economic development. The bank maintains partnerships with municipal agencies, nonprofit organizations and local chambers of commerce, sponsoring financial education programs and small business workshops. Through strategic branch openings and selective acquisitions, HarborOne continues to extend its reach across New England, guided by a commitment to personalized service and regional prosperity.
