Harborone Bank To Acquire Four Former East Boston Savings Bank Branch Locations From Rockland Trust
Acquiring Company
HarborOne Bancorp
Acquired Company
Enterprise Bancorp
BrocktonLowellFinancial ServicesSoftwareBankingFinancial ServicesBankingDescription
HarborOne Bancorp, Inc. (the “Company”) (NASDAQ: HONE), the holding company of HarborOne Bank (the “Bank”), today announced that the Bank has agreed to acquire four former East Boston Savings Bank branches located in Brighton, Cambridge and Brookline, Massachusetts from Rockland Trust Company (“Rockland Trust”) – further extending HarborOne’s footprint in Greater Boston. The transaction is subject to a number of contingencies and is expected to close after the completion of Rockland Trust’s acquisition of East Boston Savings Bank later this year.
Quick answer
HarborOne Bancorp is acquiring Enterprise Bancorp, announced September 23, 2021. HarborOne Bancorp is based in Brockton, Massachusetts, United States.
- How much did HarborOne Bancorp pay for Enterprise Bancorp?
- The deal value was not disclosed.
- What does HarborOne Bancorp do?
- HarborOne Bancorp, Inc. is the holding company for HarborOne Bank, a Massachusetts-chartered savings bank.
- Where are HarborOne Bancorp and Enterprise Bancorp based?
- HarborOne Bancorp is based in Brockton, Massachusetts, United States. Enterprise Bancorp is based in Lowell, Massachusetts, United States.
Source: Fundz verified event record.
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Who to call at HarborOne Bancorp, and when
When HarborOne Bancorp changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Enterprise Bancorp?
Enterprise Bancorp was acquired by HarborOne Bancorp, based in Brockton. The deal was reported on September 23, 2021. HarborOne Bancorp, Inc. is the holding company for HarborOne Bank, a Massachusetts-chartered savings bank. HarborOne Bancorp is privately held and operates in Financial Services.
When did HarborOne Bancorp acquire Enterprise Bancorp?
HarborOne Bancorp's acquisition of Enterprise Bancorp was reported on September 23, 2021. HarborOne Bancorp, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Enterprise Bancorp do?
Enterprise Bancorp, Inc. is a Massachusetts corporation that conducts substantially all its operations through Enterprise Bank and Trust Company, commonly referred to as Enterprise Bank. It is privately held, operating in Financial Services, and is based in Lowell.
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