Public Hearing Notice  Board of Bank Incorporation Virtual Hearing: Eastern Bankshares, Inc., Boston to acquire HarborOne Bancorp, Inc., Brockton Tuesday, September 9, 2025 at 2:30 pm

The Commonwealth of Massachusetts

Board of Bank Incorporation

Virtual Public Hearing

Tuesday, September 9, 2025

2:30 – 3:15 p.m.

Eastern Bankshares, Inc., Boston, Massachusetts has petitioned the Board of Bank Incorporation (Board) pursuant to Massachusetts General Laws, chapter 167A, sections 2 and 4 for approval to acquire HarborOne Bancorp, Inc., Brockton, Massachusetts in a multi-step transaction.  HarborOne Bancorp, Inc. is the holding company for HarborOne Bank, Brockton, Massachusetts.  Eastern Bankshares, Inc. is the holding company for Eastern Bank, Boston, Massachusetts.

An application has also been filed with the Division of Banks (Division) for approval of the subsequent merger of HarborOne Bank with and into Eastern Bank.  The main office of Eastern Bank would remain the main office of the continuing institution.  As part of this merger transaction, Eastern Bank has petitioned to close its branch offices located at: (1) 110 Main Street, Bridgewater; (2) 276 Quincy Street, Brockton; (3) 45 Main Street, Lakeville; (4) 71 Carver Road, West Plymouth; (5) 35 Memorial Parkway, Randolph; and (6) 397 Washington Street, Stoughton.  In connection with this merger transaction, HarborOne Bank has petitioned to close its branch offices located at: (1) 64 Broad Street, Boston; (2) 14 West Broadway, Boston; (3) 1608 Commonwealth Avenue, Brighton; (4) 473 Harvard Street, Brookline; (5) 1739 Massachusetts Avenue, Cambridge; (6) One Chestnut Place, Quincy; and (7) 101 Dudley Street, Providence, Rhode Island.

In determining whether or not to approve these petitions the Board and the Division must decide whether competition among banking institutions will be unreasonably affected and whether public convenience and advantage will be promoted by these proposals. A virtual public hearing will be given to all interested parties on the petition before the Board on Tuesday, September 9, 2025 at 2:30 p.m.  The link providing information for the virtual hearing, including the online meeting software that will be used to conduct the virtual hearing, will be available on the Division’s website at www.mass.gov/dob by noon on Monday, September 8, 2025.

All comments concerning these petitions must be filed with the Board or the Division via electronic mail to dob.comments@mass.gov by the close of business on Tuesday, September 16, 2025. Comments may also be mailed to the Division of Banks’ Boston office at One Federal Street, Suite 710, Boston, Massachusetts 02110-2012.  The application and all communications relative to this matter are available by request at dob.rao@mass.gov.  To request interpretive services, please submit your request at least three (3) business days prior to the public hearing to Christopher Buzzell at 617-956-1500 x 61548 or christopher.buzzell@mass.gov.