Mid Penn Bank to Rebrand Offices in First Priority Bank Division

Rhea-AI Summary

Mid Penn Bancorp (NASDAQ:MPB) is rebranding its First Priority Bank Division branches to Mid Penn Bank in southeastern Pennsylvania. This change affects eight branch locations across Berks, Bucks, Chester, and Montgomery counties. The rebranding follows the acquisition of First Priority Bank in 2018. According to CEO Rory G. Ritrievi, customers will continue to receive the same exceptional service with no changes to account terms, rates, or branch hours. All banking services will remain available without interruption.

Positive

• Successful rebranding initiative enhancing brand recognition.
• Continuous delivery of exceptional banking services expected post-rebranding.
• No disruption in services or changes in account terms and rates.

Negative

• None.

MILLERSBURG, Pa., Feb. 11, 2021 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ:MPB), parent company of the wholly-owned subsidiaries Mid Penn Bank and MPB Financial Services, Inc., announces the rebranding of branches and offices in its First Priority Bank Division in southeastern Pennsylvania to Mid Penn Bank. The rebranding initiative will impact eight banking offices in Berks, Bucks, Chester, and Montgomery counties. The rebranding comes after Mid Penn Bancorp Inc. acquired First Priority Bank and its holding company, First Priority Financial Corp. in 2018.

“Our professionals in Southeastern Pennsylvania will continue to deliver the same exceptional banking experience that our customers in these regions have come to expect,” said Mid Penn Bank President and CEO Rory G. Ritrievi. “We are excited to complete the delivery of the Mid Penn Bank brand into the market with the changeover of the name. Our banking teams will operate in the same locations and from the same offices, providing customized solutions with fast, local decision making and best-in-class service.”

The interior and exterior signage at all locations will be updated to reflect the Mid Penn Bank name. The terms of accounts and rates will not be impacted, and all branch operating hours will remain the same.  All banking services available to customers at the branch locations will continue without interruption. For a list of branches and locations in the southeastern counties, please visit https://midpennbank.com/locations/.

About Mid Penn Bank
Mid Penn Bancorp, Inc. (NASDAQ: MPB), headquartered in Millersburg, Pennsylvania, has been serving the community since 1868. Mid Penn Bank operates retail locations throughout the state of Pennsylvania and has total assets of $3 billion. Its footprint includes Berks, Bucks, Chester, Cumberland, Dauphin, Fayette, Lancaster, Luzerne, Montgomery, Northumberland, Schuylkill and Westmoreland counties. The Bank offers a comprehensive portfolio of products and services to meet the banking needs of the communities it serves. To learn more about Mid Penn Bank, visit www.midpennbank.com.

Contact:        
Matthew Miller
717-257-9015
matthew.miller@midpennbank.com

FAQ

What is the recent announcement from Mid Penn Bancorp regarding its branches in southeastern Pennsylvania?

Mid Penn Bancorp is rebranding its First Priority Bank Division branches to Mid Penn Bank, affecting eight locations in Berks, Bucks, Chester, and Montgomery counties.

How many branches are being rebranded to Mid Penn Bank?

Eight banking offices in southeastern Pennsylvania are being rebranded to Mid Penn Bank.

Will customers experience changes in service due to the rebranding by Mid Penn Bancorp?

No, customers will continue to receive the same banking services, account terms, and rates without interruption.

When did Mid Penn Bancorp acquire First Priority Bank?

Mid Penn Bancorp acquired First Priority Bank and its holding company in 2018.