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800-244-7592
68 Legion Parkway
Brockton, MA 02301

HarborOne Bank is headquartered in Brockton and is the 14st largest bank in the state of Massachusetts. It is also the 361st largest bank in the nation. It was established in 2013 and as of December of 2013, it had grown to 330 employees at 1 location. HarborOne Bank's money market rates are 93% higher than the national average, and it has a B health rating.

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Top 4-Year and 7-Month CD Rates at HarborOne Bank - New England Only - 8/9/2013

HarborOne in Massachusetts just recently changed from a credit union to a bank. When it was a credit union, it had offered several good CD deals. I’m glad to see the deals haven’t stopped now that it’ ...



Reviews (2)

Not Helpful!!

I have a vehicle loan with the credit union; they inaccurately reported I was late on my payments. When I contacted them and reported the problem and they could have cared less.  The customer service rep. in the loan servicing department didn’t want to be bothered and couldn’t wait to get me off the phone.  Won’t use them again.

Harborone Credit Union

This bank is great. They have low fees, great employees and great products. I have been a loyal customer for over 10 years. I will never go to another bank.



Health

Data for Q4 2013

Institution Health

B

Texas Ratio

GRADE:
B

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 HarborOne Bank had $35.43 million in non-current loans and owned real-estate with $195.33 million in equity and loan loss allowances on hand to cover it. This gives HarborOne Bank a Texas Ratio of 18.14% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Capitalization

GRADE:
B

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. HarborOne Bank has $1.96 billion in assets with $195.33 million in equity, resulting in a capitalization level of 9.98%, which is above average.

Institution Statistics

Overall
FDIC Certificate #59070
Year Established2013
Employees330
Primary RegulatorFDIC
Assets and Liabilities
Assets$1.96 billion
Loans$1.59 billion
Deposits$1.42 billion
Equity Capital$180.80 million
Loan Loss Allowance$14.53 million
Unbacked Noncurrent Loans$32.59 million
Real Estate Owned$2.84 million
Profit Margin - Quarterly
Net Interest Margin2.39%
Return on Assets0.37%
Return on Equity3.96%
Interest Income$60.29 million
Rates

Always verify rates and promotions with the bank or credit union. We are not HarborOne Bank, we are a rate comparison website and can not provide official rates or promotions.

HarborOne Bank Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.60%$25k-i-Savings
0.45%$250k-Business Advantage Savings
0.07%$25-Statement Savings
0.07%$25-Passbook Savings
0.05%--Club Account

HarborOne Bank Money Market Rates

DetailsAPYMINMAXPRODUCT
0.85%$75k-i-Money Market
0.45%$250k-Advantage Money Market
0.40%$100k$1,200kBusiness Money Market
0.20%$50k-Investor’s Money Market

HarborOne Bank Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.35%-$20ki-Checking
0.05%--i-Checking
0.05%$100-Advantage Gold
0.05%--Commercial Checking Earnings Credit

HarborOne Bank CD Rates

DetailsAPYMINMAXPRODUCT
1.75%--55 Month Advantage Gold CD
1.45%--60 Month CD
1.40%--44 Month Advantage Gold CD
1.30%--48 Month CD
1.25%--33 Month Advantage Gold CD
1.00%--36 Month CD
0.80%--30 Month CD
0.75%--24 Month CD
0.65%--18 Month CD
0.60%--20 Month Bump-Up CD
0.55%--15 Month CD
0.40%--12 Month CD
0.35%--9 Month CD
0.30%--6 Month CD
0.20%--3 Month CD

HarborOne Bank IRA Rates

DetailsAPYMINMAXPRODUCT
1.75%--55 Month Advantage Gold IRA (Traditional,CESA,Roth)
1.45%--60 Month IRA (Traditional,Roth,CESA)
1.40%--44 Month Advantage Gold IRA (Traditional,CESA,Roth)
1.30%--48 Month IRA (Traditional,Roth,CESA)
1.25%--33 Month Advantage Gold IRA (Traditional,CESA,Roth)
1.00%--36 Month IRA (Traditional,Roth,CESA)
0.80%--30 Month IRA (Traditional,Roth,CESA)
0.75%--24 Month IRA (Traditional,Roth,CESA)
0.65%--18 Month IRA (Traditional,Roth,CESA)
0.60%--20 Month Bump-Up IRA (Traditional,Roth,CESA)
0.55%--15 Month IRA (Traditional,Roth,CESA)
0.40%--12 Month IRA (Traditional,Roth,CESA)
0.35%--9 Month IRA (Traditional,Roth,CESA)
0.30%--6 Month IRA (Traditional,Roth,CESA)
0.20%--3 Month IRA (Traditional,Roth,CESA)
Locations

Sorry, but we do not have location data for HarborOne Bank. Its headquarters is located at 68 Legion Parkway - Brockton, MA 02301