HarborOne Bank announced today that Pete Makowiecki, HarborOne Senior Vice President of Residential Lending, will become President of Merrimack Mortgage the Bank’s mortgage banking subsidiary on June 30. Pete is replacing Dan McKenney who is retiring after 19 years of leading the company.

“I’m very excited for this opportunity to further grow our presence in the New England mortgage market, and to build on the tremendous work that Dan has done over nearly two decades,” Makowiecki said.

Makowiecki, who joined HarborOne in 2013, will retain his SVP role at HarborOne, and be responsible for HarborOne’s strategy and oversight of all mortgage lending activities.  Mr. Makowiecki has years of experience working as a top financial executive with a wide range of expertise in the area of residential lending and mortgage banking. Prior to joining HarborOne, Mr. Makowiecki served as President and CEO of First Horizon Mortgage Group prior to its sale to MetLife Insurance.

“The last 19 years have been both exciting and rewarding,” said McKenney. “It has been a privilege working with, learning from and leading such a talented group of people.”

“Pete has spent the last two years getting to know the Merrimack operation and employees,” said McKenney. “He has a vast level of experience in mortgage banking and is committed to working with our management team to continue Merrimack’s growth and prosperity.”

The acquisition of Merrimack Mortgage Company in 2015 has allowed HarborOne Bank to significantly increase the size of its fee based mortgage banking business and securing a foothold in key lending markets in the New England region.