Mid Penn Bancorp Inc. Finalizes Acquisition of William Penn Bancorporation, Expanding Presence into Greater Philadelphia and Southern New Jersey
Mid Penn Bancorp, Inc. has completed its acquisition of William Penn Bancorporation, effective April 30, 2025. The all-stock transaction, valued at approximately $120 million, enhances Mid Penn's presence in Greater Philadelphia and Southern New Jersey. Following the merger, William Penn Bank is now part of Mid Penn Bank, resulting in consolidated assets of about $6.3 billion. Kenneth J. Stephon from William Penn joins Mid Penn's leadership as Vice Chair and Chief Corporate Development Officer.
Mid Penn Bancorp, Inc. has announced the completion of its acquisition of William Penn Bancorporation, effective April 30, 2025. This all-stock transaction, valued at approximately $120 million, expands Mid Penn’s presence into the Greater Philadelphia and Southern New Jersey regions. As part of the merger, William Penn Bank has been integrated into Mid Penn Bank, resulting in consolidated assets of approximately $6.3 billion. Kenneth J. Stephon, formerly of William Penn, joins the Mid Penn leadership team, taking on roles as Vice Chair of Mid Penn Bank and Chief Corporate Development Officer. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mid Penn Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-108815), on May 01, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
