Posted on Mar 11th, 2024

Mid Penn Bank (the “Bank”), a wholly-owned subsidiary of Mid Penn Bancorp, Inc. (“Mid Penn”) (Nasdaq: MPB), is excited to announce that it is launching a sports and entertainment division of its private bank. The division, led by industry experts with deep knowledge and experience in sports and entertainment finance, will offer a range of financial products and services designed specifically for those in the sports and entertainment sectors, with a mission of helping each client achieve their financial goals and maximize their success.

“We have the power of a $5 billion company with the feel of a boutique firm to cater to every client’s situation,” President of the Private Bank and Chief Operating Officer Jordan Space said. “We feel that we have positioned ourselves in the marketplace to provide remarkable value in the space. Trust and discretion is incredibly important to athletes and celebrities, as it is with all of our clients, and we apply the highest standards of both to every relationship.”

The sports and entertainment division will be led by Anthony Falco and John Carpenter, who will take a proactive approach to relationship management and stay ahead of industry trends and changes that may impact a client’s financial situation. As dedicated relationship managers, they will work to anticipate needs and provide personalized support throughout each customer’s financial journey.

With services ranging from wealth management, investment strategies, tax planning, or loan and credit solutions, the team has the expertise to meet each client’s unique requirements. The Bank’s network of industry contacts enables the team to connect clients with the right partners and opportunities. From endorsement deals and sponsorship agreements to strategic partnerships, the professionals in the sports and entertainment division will leverage a client’s brand and expand its reach within the sports and entertainment world.

About Mid Penn Bank

Mid Penn Bank, headquartered in Millersburg, Pennsylvania, has been serving the community since 1868. The Bank operates 49 retail locations throughout the Commonwealth of Pennsylvania and central New Jersey, and has total assets of approximately $5 billion. Mid Penn offers a comprehensive portfolio of financial products and services to meet the banking needs of the communities it serves. To learn more, please visit www.midpennbank.com.