BROCKTON, Mass. An estimated 115 members showed up for last night’s special meeting to determine whether HarborOne CU will become the biggest credit union conversion to bank, with as few as 15 of the credit union giant’s 150,000 members actually voting last night.
Processing Content
The final tally of the 30-day ballot to convert the $2 billion credit union to a state chartered mutual savings bank won’t be known for as long as 10 days, according to the credit union, the second biggest in Massachusetts.
About 115,000 members were eligible to vote by mail at any of the credit union giant’s 14 branches during the past month.
Credit union officials say they are converting to open up bigger markets and have no present plans to convert to stock ownership.
