HarborOneBancorp,Inc. (NASDAQ:HONE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

HarborOneBancorp,Inc. (NASDAQ:HONE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers

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On February 23, 2017, the Board of Directors (the “Board”) of HarborOne Bancorp, Inc. (the “Company”) appointed Joseph F. Casey as a Director of the Company, filling a vacancy created by an expansion of the Board.  Mr. Casey will serve as a Class I Director with a term expiring on the date of the Company’s 2017 annual meeting of shareholders. The Board has determined that Mr. Casey will not be appointed to any committees of the Board at this time. 

Mr. Casey joined HarborOne Bank, the Company’s wholly owned bank subsidiary, in 2004 and has served as Executive Vice President, Chief Operating Officer and Chief Financial Officer since 2015.  There is no arrangement or understanding between Mr. Casey and any other person to which Mr. Casey was appointed to the Board.  Mr. Casey is not a party to any transaction that would be required to be disclosed under Section 404(a) of Regulation S-K.

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About HarborOne Bancorp, Inc. (NASDAQ:HONE)

HarborOne Bancorp, Inc. is the holding company for HarborOne Bank. The Company operates through two segments: HarborOne Bank and Merrimack Mortgage. HarborOne Bank is a state-chartered co-operative bank that serves the financial needs of consumers, businesses and municipalities throughout Southeastern Massachusetts. The Company’s deposit products are checking, money market, savings and term certificate of deposit accounts while its lending products are commercial real estate, commercial, residential mortgages and consumer loans, including indirect automobile lending. The Company originates, sells and services residential mortgage loans through Merrimack Mortgage Company, LLC, a subsidiary of the Bank. The Bank reorganized into a two-tier mutual holding company structure with a mid-tier stock holding company.

HarborOne Bancorp, Inc. (NASDAQ:HONE) Recent Trading Information

HarborOne Bancorp, Inc. (NASDAQ:HONE) closed its last trading session up +0.02 at 19.80 with 64,097 shares trading hands.

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