Eastern Bankshares and HarborOne Receive Regulatory Approvals, Merger Set to Close November 2025

Reuters
Sep 27
Eastern Bankshares and HarborOne Receive Regulatory Approvals, Merger Set to Close November 2025

Eastern Bankshares, Inc. announced it has received all necessary regulatory approvals to complete its merger with HarborOne Bancorp, Inc., a transaction first announced in April 2025. The merger is expected to close on or about November 1, 2025. Following the completion, HarborOne Bank will operate as a division of Eastern Bank for approximately four months, with full integration of banking systems expected over the weekend of February 21, 2026. Customers will continue to be served through their respective branches and digital platforms until the integration is complete. Company executives highlighted the merger's potential to create a $30 billion, community-focused organization with an expanded presence in Greater Boston and Rhode Island.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eastern Bankshares Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250926981557) on September 26, 2025, and is solely responsible for the information contained therein.

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