Mid Penn Bancorp Inc (MPB) is a multi-bank holding company based in Millersburg, Pennsylvania. Established in 1868, the company operates primarily through its wholly-owned subsidiary, Mid Penn Bank, which offers a broad range of banking services to individuals, businesses, and governmental institutions throughout Pennsylvania. With its stock traded on the NASDAQ Capital Market under the symbol "MPB", Mid Penn Bancorp demonstrates strength and stability within the financial industry offering a transparent path to its shareholders.
The banking services provided by the company are a comprehensive mix of business banking, personal banking, and wealth management services. In its business banking division, it provides commercial and industrial loans, commercial real estate loans, construction and land development loans, amongst others. For its personal banking customers, services range from checking and savings accounts, home equity loans, and mortgages to diverse loans and digital banking services. They also offer wealth management services which provide a range of investment and insurance services through a strategic partnership with Raymond James Financial Services.
Mid Penn Bancorp has been dedicated to maintaining the friendly, personalized, and proactive customer service and community-oriented values that have defined the organization since its inception. The bank supports the communities it serves through the Mid Penn Bancorp Foundation, a nonprofit organization dedicated to supporting local non-profit organizations and causes. The foundation focuses its efforts on offering grants to non-profit organizations in education, human services, and community revitalization throughout Central Pennsylvania.
The company's business model, customer-centric approach, and attention to leveraging technology for superior customer service have helped sustain resilient financial performance. In 2020, they had a banner year, posting record earnings and achieving several operational and strategic milestones. Hence, through the ongoing evolution of technology within the banking industry, Mid Penn Bancorp continues to incorporate innovation to meet customer needs while maintaining its traditional banking principles of trust, service, and relationship building.
Over the years, Mid Penn Bancorp has grown both organically and through acquisitions, steadily increasing its footprint across Pennsylvania by adding branches and increasing their service offerings. It continues to reinvest in the communities it serves, demonstrating a strong commitment to local economic growth and community disenfranchisement.
In all, Mid Penn Bancorp Inc (MPB) is a professional and solid financial company that offers a range of services, continuously adapting to changing market conditions and customer needs, all while maintaining its strong community values and commitment to contributing to the prosperity of the Pennsylvania community.