Mid Penn completed the acquisition of William Penn for $120m.

Mid Penn Bancorp, the parent company of Mid Penn Bank, a full-service commercial bank, completed the acquisition of William Penn Bancorporation, the holding company for William Penn Bank that provides retail and commercial banking products, for $120m. “We are pleased to welcome William Penn Bank customers and employees to Mid Penn Bank, and William Penn shareholders to Mid Penn Bancorp. The completion of this merger joins two institutions with deep roots in community banking. As we further expand into the Greater Philadelphia area market, we remain steadfast in our commitment to delivering unwavering service while providing a wide array of products and financial services to the communities we serve,” Rory G. Ritrievi, Mid Penn Chair, President and CEO.