MID PENN BANCORP, INC. COMPLETES ACQUISITION OF SOUTH-CENTRAL PA INSURANCE AGENCY
HARRISBURG, PA, July 8, 2025 — Mid Penn Bancorp, Inc. (Mid Penn) (NASDAQ: MPB), headquartered in Harrisburg, Pennsylvania, is pleased to announce that MPB Risk Services, LLC (d/b/a MPB Insurance and Risk Management) has completed the acquisition of the full-service insurance agency Charis Insurance Group, Inc. (d/b/a CHARIS Insurance Group). The purchase widens Mid Penn’s insurance and risk management offerings and aligns with its commitment to providing exceptional service.
“This acquisition allows us to continue meeting the ever-evolving needs of our customers by expanding the range of solutions we offer,” Mid Penn Bank President and CEO Rory G. Ritrievi said. “CHARIS Insurance Group has built a strong reputation for excellence in insurance and risk management. By bringing our expertise together, we can help individuals and businesses safeguard their financial future with more comprehensive and customized solutions.”
Founded in 2017, CHARIS Insurance Group is an independent insurance agency based in Lititz, Pennsylvania. Led by President and Commercial Risk Advisor Matthew Snavely, the company employs 10 professionals and specializes in delivering comprehensive insurance and risk management offerings to help clients stay protected against the unexpected. Snavely will serve as the managing director of MPB Insurance and Risk Management.
“We are excited to join Mid Penn’s insurance division and to build upon its success,” Snavely said. “We look forward to continuing to provide top-notch products and services to our customers and to offer even greater opportunities with the bank’s additional resources.”
About Mid Penn Bancorp, Inc.
Mid Penn Bancorp Inc. (NASDAQ: MPB), headquartered in Harrisburg, Pennsylvania, is the parent company of Mid Penn Bank, a full-service commercial bank. Mid Penn operates 59 retail locations throughout Pennsylvania and central and southern New Jersey, has total assets of approximately $6 billion, and offers a comprehensive portfolio of financial products and services to the communities it serves. To learn more, please visit www.midpennbank.com.