The $1.8 billion HarborOne Credit Union outlined new details this week on its proposed conversion to a mutual savings bank, telling its 150,000 members to expect ballots by mail beginning sometime this summer.
In an article in the Brockton Enterprise News, James Blake, president/CEO of the Brockton, Mass., credit union, urged members to vote on the conversion plan first announced Feb. 16, adding he hoped they would be in favor.
The credit union's board approved the proposed conversion on March 21.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
