First Priority Bank Now Officially Part of Mid Penn Bank

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Image via Donna Rovins, Digital First Media.

The sale of Malvern-based First Priority Financial to Mid Penn Bancorp was officially completed on July 31, writes Donna Rovins for the Daily Local News.

The all-stock transition valued at around $82 million was originally announced in January. As a result, First Priority’s subsidiary, First Priority Bank, is now operating as “First Priority Bank, a Division of Mid Penn Bank.”

This expands Mid Penn’s footprint into Chester County and several other areas in southeastern Pennsylvania. The merger increases the number of retail locations in Pennsylvania for Mid Penn to 37 with consolidated assets of around $2 billion.


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“We are pleased to welcome First Priority customers, shareholders, and employees to Mid Penn Bank,” said Rory G. Ritrievi, Mid Penn president and CEO.

First Priority has put notification of the change on the bank’s website, with additional communication under way.

“They will also receive written communication in regard to the systems conversion we are performing in October,” said Ritrievi. “From the standpoint of products, services, and conveniences, we feel this is going to be a very positive change for First Priority customers.”

Read more about First Priority in the Daily Local News here.

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