Mid Penn Bank Receives Regulatory Approval to Open Halifax Branch

7/21/17

MILLERSBURG, Pa., July 21, 2017 (GLOBE NEWSWIRE) -- Mid Penn Bank, subsidiary of Mid Penn Bancorp, Inc. (NASDAQ:MPB), has received approval from the Pennsylvania Department of Banking and Securities and the Federal Deposit Insurance Corporation to open a retail branch on Route 225 in Halifax Township. The bank has purchased the land at 3663 Peters Mountain Road, which will serve as the site of the future branch.

Mid Penn expects to open the branch in the first quarter of 2018 once construction is complete.

“We are pleased to be returning to the Halifax community with a full service retail location that will provide the area with the community banking expertise they deserve,” said Mid Penn Bank President and CEO Rory G. Ritrievi. “We’ve waited for the right time to open a branch in Halifax and that time has arrived. Halifax Township has done a tremendous job of spurring local business growth, and we look forward to working with them on establishing our new facility in the community.”

It is anticipated that the Halifax location will employ three to five team members to fulfill personal banking, business banking and lending needs.

In addition to traditional branch banking, Mid Penn also offers online banking, mobile banking and telephone banking to provide customers with on-the-go, instant account access.

About Mid Penn Bancorp Inc.

Mid Penn Bancorp Inc. (NASDAQ:MPB), through its banking subsidiary, Mid Penn Bank, has been serving Central Pennsylvania since 1868. Headquartered in Millersburg, Pennsylvania, Mid Penn Bank has 23 retail locations in Cumberland, Dauphin, Lancaster, Luzerne, Northumberland and Schuylkill counties. The bank offers a diverse portfolio of products and services to meet the personal and business banking needs of the community. To learn more about Mid Penn Bank, visit midpennbank.com.

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