1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. United States >
  5. Rhode Island >
  6. HarborOne Bank Acquires Coastway Bancorp

M&A Deal Summary

HarborOne Bank Acquires Coastway Bancorp

On March 14, 2018, HarborOne Bank acquired financial services company Coastway Bancorp for 126M USD

Acquisition Highlights
  • This is HarborOne Bank’s 1st transaction in the Financial Services sector.
  • This is HarborOne Bank’s largest (disclosed) transaction.
  • This is HarborOne Bank’s 1st transaction in the United States.
  • This is HarborOne Bank’s 1st transaction in Rhode Island.

M&A Deal Summary
Date 2018-03-14
Target Coastway Bancorp
Sector Financial Services
Buyer(s) HarborOne Bank
Deal Type Add-on Acquisition
Deal Value 126M USD
Advisor(s) Sandler O'Neill + Partners (Financial)
Luse Gorman (Legal)

Target

Coastway Bancorp

Warwick, Rhode Island, United States
Coastway Bancorp, Inc. is a holding company of Coastway Community Bank, is headquartered in Warwick, Rhode Island. With 9 branches in the greater Providence area, as well as 3 mortgage lending offices, Coastway has $739 million in assets and deposits of $477 million.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

HarborOne Bank

Brockton, Massachusetts, United States
Category Company
Founded 1917
Sector Financial Services
Employees488
Revenue 168M USD (2024)
DESCRIPTION

HarborOne Bank provides consumer, small business, and commercial banking services, including checking and savings accounts, loans, mortgages, and online banking tools. The Bank also offers financial education programs and operates a mortgage division serving customers throughout New England. HarborOne Bank was founded in 1917 and is headquartered in Brockton, Massachusetts.

DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Rhode Island M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1
Size (of disclosed) 1 of 1
Mergr

Solution for

Product

Company

Legal