mid penn bank

MERGER INFORMATION

 

We’re excited to introduce Riverview customers to the Mid Penn experience. Learn more about Mid Penn Bank and the merger below.

CONVERSION INFORMATION

We will keep this section updated with important information and materials about the system conversion scheduled for March 4th – March 6th, 2022.

ABOUT MID PENN BANK

Mid Pen Bank is excited to open their doors to Riverview customers. Learn more about Mid Penn Bank!

Since 1868, Mid Penn Bank has remained committed to serving the local community and providing comprehensive financial solutions. Originally founded in Millersburg, Pennsylvania as the “Millersburg Trust Company,” Mid Penn has expanded over the years to become a full-service financial institution operating throughout Pennsylvania. Though a series of strategic acquisitions from 2015-2018, Mid Penn Bank brought Miners Bank from Schuylkill County, Scottdale Bank & Trust from Western PA, and First Priority Bank from Southeastern PA into the Mid Penn organization. These mergers provided an entrance into diverse and attractive markets across the state. Most recently in 2021, Mid Penn acquired Riverview Bank, further developing its geographic footprint, and bringing total assets to more than $4.7 billion.

As a community bank, Mid Penn is dedicated to supporting Pennsylvania organizations and causes through donations and employee volunteerism. The bank has been named one of the “Top 200 Community Banks” and one of the “Best Banks to Work For” in the nation by American Banker magazine, has been recognized as one of the “Best Places to Work in Pennsylvania” and has been named a recipient of the“ Grow Your Community Award” by the Pennsylvania Association of Community Bankers. Newsweek magazine recently named Mid Penn Bank one of “America’s Best Banks” for 2022.

Common stock of parent company, Mid Penn Bancorp, Inc., is publicly traded on NASDAQ under the symbol “MPB.”

Click the link below to view Mid Penn Bank branch locations near you.

View Locations

MERGER FAQs

General Questions About Mid Penn Bank

Mid Penn Bank was founded in 1868. Headquartered in Millersburg, PA, Mid Penn Bank and its holding company, Mid Penn Bancorp, Inc., are committed to providing customers with quality banking services. The bank is also committed to local decision making and support of the local communities.

Mid Penn Bank now has over $4.7 billion in assets and retail locations that serve customers throughout nineteen counties in Pennsylvania. Mid Penn Bank is large enough to offer an extensive line of products and services and is small enough to provide great customer service and local support in the communities we serve.

At this time, we do not have any new locations slated, but it is our intention to continue to grow throughout the Commonwealth.

Mid Penn is a state-chartered, FDIC insured and federally regulated bank in good standing. For further information, please visit Mid Penn’s Investor Relations page.

For complete information about Mid Penn Bank, please visit our website at midpennbank.com.

Branch Questions

Mid Penn Bank continually assesses each community where we operate to ensure we are providing our customers with access when and where they need it. Through our merger planning, we have identified some branches, both in the Mid Penn network and the Riverview network, that are either underutilized or are operating within close proximity to another MPB financial center. We will be consolidating these locations on March 4th, 2022. Communications have been sent to all impacted customers with accounts housed at these locations, and notifications will be placed in all branches shortly. In some of the consolidating locations, we intend to maintain an Integrated Teller Machine with live, interactive two-way video with a personal banker. This will allow us to provide you the personal customer service you’ve come to expect, while making your banking more convenient.

*Note: Some customers may have received a letter with an incorrect closing date of March 4th, 2021. We apologize for this error; the correct date of closing is March 4th, 2022.

The operating hours of some branches may change to match customer traffic patterns and provide the most convenient access. Any modification to the hours of operation at branch locations will be communicated in advance of the change.

Starting on March 7th, 2022, you will be able to use Mid Penn branch for all transactions. Until that time, you can withdraw cash with no fee at any Mid Penn or Riverview ATM location.

Personal Deposit Account, ATM and Debit Card Questions

There may be changes to your account(s) but many of the same features will apply. There will be more detailed information provided to you in the conversion guide which will be mailed to you prior to the March 4th, 2022 conversion.

You can open a Mid Penn Bank account today at any Mid Penn branch. Starting on March 7th, 2022, you will have the ability to open a Mid Penn deposit account at any financial center. If you are interested in a loan, we can help you apply and get started today at any location.

We do not anticipate that this will be the case. However, if your account number will change for any reason, you will be notified in advance.

No, you can continue to use your Riverview checks.

These transactions will continue to be processed exactly as they have in the past. All direct deposits will continue to be credited to your account(s).

Electronic transactions and ACH payments will continue to be processed exactly as they have in the past. All automatic debits will continue to be charged to your account(s).

There will be detailed information on debit cards provided in the conversion guide which will be mailed to you prior to the March 7 conversion. You will continue to enjoy the convenience of a free debit card.

Riverview customers now have the ability to use Mid Penn Bank ATMs without being charged a fee by either institution.

The FDIC will allow deposits at both banks to remain separately insured for 6 months after the merger date. CDs are an exception, which will be covered separately until the maturity date so that you do not take a penalty for an early withdrawal.

Online, Mobile and Telephone Banking Questions

You will continue to use Riverview online banking until March 4th, 2022. Over the weekend you will be transitioned to Mid Penn Bank’s online banking platform. There will be detailed information on electronic banking provided in the conversion guide which will be mailed to you prior to the conversion.

Mid Penn Bank’s mobile app will be available to you beginning March 4th, 2022. There will be detailed information on mobile banking provided in the conversion guide which will be mailed to you prior to the March 4th conversion.

Once your account is converted to Mid Penn’s system over the weekend of March 4th, 2022, you will be able to use Telebanker. You can access Telebanker by dialing 1-888-MID-PENN.

Pricing and Fee-related Questions

If you currently have a savings, money market or interest-bearing checking account with Riverview Bank, the variable interest rates for these accounts will continue to be subject to daily change. Any Riverview Bank CD accounts will continue to earn the same interest rate until the maturity date.

Yes, there will be some changes to the service fee structure related to your accounts. Most Mid Penn deposit accounts have no minimum balance charge, no monthly fee, and no nuisance fees. The conversion guide will highlight these changes for you.

Mid Penn Bank will not continue the non-banking services that have been offered with a BaZing™ account. Those accounts will transition to a straightforward no fee account with robust banking services and features.

Loan Account Questions

There will be no changes to the terms and conditions of your existing loan, including your payment amount, due date, maturity date or loan fees. Please continue using your existing Riverview billing statement for loan information and payments until you receive your new Mid Penn Bank billing statement.

Yes, automatic payments are available on all loan types.

Trust Questions

You will not experience any immediate changes. Your Trust Officer or Financial Advisor will be in touch with you to discuss your trust account or brokerage account [Cetera] with you. If you have any specific questions today and would like to speak to a member of Mid Penn’s trust department, please contact Joe Paese, Director of Trust and Wealth Management, at 717-985-7121.

Business Account/Cash Management Questions

You will be receiving a call from our Cash Management team. If you have any specific questions today and would like to have more information, please contact Claudia Boyer, Cash Management Team Leader, at 717-920-8353.

Safe Deposit Box Questions

The location of your safe deposit box and your ability to access it will remain the same. For locations that will be closing on March 4th, all safe deposit boxes and their contents should be closed and can be relocated to another Mid Penn Bank branch. You will be notified personally if your safe deposit box is impacted by branch consolidation activities.

We anticipate that your payment due date will not change. The annual rent may change, and more information will be provided prior to March 4th.

Community Banking starts with Mid Penn Bank

Our core values guide our direction and growth as a community bank. We are committed to serving our local communities through giving campaigns, outreach, and corporate donations. 

$1.59 M

EITC & Community Contributions

204

Community Organizations Supported

$116,000

Raised by employees for charitable causes

best bank

Up