Mid Penn Bank Promotes Ray Mincarelli to President of Commercial Real Estate
Mid Penn Bank is pleased to announce that Ray Mincarelli has been promoted to the position of President of Commercial Real Estate for Mid Penn Bank.
In his role, Mincarelli will develop the bank’s commercial real estate portfolio in the bank’s southeastern Pennsylvania market. Additionally, Mincarelli will provide credit and pricing guidance to all commercial real estate lenders, and to any lenders doing non-owner occupied commercial real estate loans, throughout the bank’s statewide footprint.
Mincarelli has nearly 50 years of commercial real estate lending experience, with positions previously held at both large and small financial institutions.
“Ray is a fixture in the commercial real estate world in the greater Philadelphia area. He has proven to be an asset to the communities we serve,” said Mid Penn Bank President and CEO Rory G. Ritrievi. “In his new role, he will provide invaluable guidance to both our customers and team of lenders. Congratulations to Ray on this well-deserved promotion.”
A resident of Chester County, Mincarelli is a Pennsylvania Real Estate Commission licensee and is a member of Robert Morris Associates. He serves on the board of directors executive committee for the Maxwell Football Club.
About Mid Penn Bancorp Inc.
Mid Penn Bancorp, Inc. (NASDAQ: MPB), headquartered in Millersburg, Pa., has been serving the community since 1868. Mid Penn has 39 retail locations in the state of Pennsylvania and total assets of more than $2 billion. Its footprint includes Berks, Bucks, Chester, Cumberland, Dauphin, Fayette, Lancaster, Luzerne, Montgomery, Northumberland, Schuylkill and Westmoreland counties. The bank offers a comprehensive portfolio of products and services to meet the banking needs of the communities it serves. To learn more about Mid Penn Bank, visit www.midpennbank.com.