News: Financial Digest

Koretz named chairman of the board of directors at HarborOne Credit Union

According to Harbor-One Credit Union, Barry Koretz was appointed chairman of the board of directors at the annual meeting held on January 26th. Koretz is the president of BKA Architects and a lifelong Brockton businessman. He is a graduate of Brockton High School and holds a bachelor of Architecture from Clemson University. He is a member of the American Institute of Architects and the Boston Society of Architects as well as a trustee of Clemson Advancement Foundation for Architecture and Design (C.A.F.). Koretz is active in the community. Currently he is a director of the Brockton Boys & Girls Club and formerly was a trustee of Brockton Hospital, the Metro South Chamber of Commerce and the United Way of Greater Plymouth County. He and his wife Joan have a son, Alexander of New York City. With $1.8 billion in assets, HarborOne is the largest community-based credit union in New England and one of the 100 largest in the United States. It has received its five consecutive Outstanding ratings for performance under the Community Reinvestment Act (CRA) from the Division of Banks, Commonwealth of Massachusetts.
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Preservation of Affordable Housing secures $23.5 million in financing from Rockland Trust and Citizens Bank

Cambridge, MA The nonprofit Preservation of Affordable Housing (POAH) has secured $23.5 million in financing from Rockland Trust and Citizens Bank to transform a 150-year-old, underutilized church complex into housing. The project will ultimately create 46 affordable family-sized apartments.
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