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HarborOne Bancorp ($HONE)

HONE Overview

HarborOne Bancorp operates as the holding company for HarborOne Bank that provides financial services to individuals, families, small and middle-market businesses, and municipalities.The company operates through two segments, HarborOne Bank and HarborOne Mortgage. Its primary deposit products include checking, money market, savings, and certificate of deposit accounts; and lending products comprise one-to four-family residential, second mortgages and lines of credit, residential real estate and construction, commercial real estate and construction, and commercial loans, as well as consumer loans, including indirect automobile lease loans.The company, through HarborOne Mortgage, LLC, originates, sells, and services residential mortgage loans. It also provides a range of educational services through HarborOne U, such as classes on small business, financial literacy, and personal enrichment.As of April 27, 2020, the company operated 25 full-service branches located in Massachusetts and Rhode Island; one limited-service branch; and a commercial lending office in each of Boston, Massachusetts, and Providence, Rhode Island, as well as 30 offices in Massachusetts, Rhode Island, New Hampshire, Maine, New Jersey, and Florida.It also operates administrative offices in Brockton, Massachusetts, and Warwick, Rhode Island, as well as five ATM locations. The company was founded in 1917 and is based in Brockton, Massachusetts. (From: StockAnalysis.com)

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