HarborOne Bank
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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2/10 - Harborone Credit Union President Discusses Proposed Switch To A Bank
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.
Data for Q4 2013
Institution Health
Texas Ratio
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
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 Established | 2013 |
| Employees | 330 |
| Primary Regulator | FDIC |
| 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 Margin | 2.39% |
| Return on Assets | 0.37% |
| Return on Equity | 3.96% |
| Interest Income | $60.29 million |
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
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 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
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 0.85% | $75k | - | i-Money Market | |
| 0.45% | $250k | - | Advantage Money Market | |
| 0.40% | $100k | $1,200k | Business Money Market | |
| 0.20% | $50k | - | Investor’s Money Market |
HarborOne Bank Checking Account Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 0.35% | - | $20k | i-Checking | |
| 0.05% | - | - | i-Checking | |
| 0.05% | $100 | - | Advantage Gold | |
| 0.05% | - | - | Commercial Checking Earnings Credit |
HarborOne Bank CD Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 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
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 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) |
Sorry, but we do not have location data for HarborOne Bank. Its headquarters is located at 68 Legion Parkway - Brockton, MA 02301