Shareholders of both Mid Penn Bank and Riverview Bank have overwhelmingly approved Mid Penn’s proposed acquisition of Riverview at special meetings of their respective shareholders held last week.

“The level of support for this transaction was tremendous,” said Rory G. Ritrievi, President and CEO of Mid Penn Bank. “Of the total number of votes received, over 98 percent of Riverview shares voted in favor of the merger and more than 98 percent of Mid Penn shares also voted in favor of the merger.”

The merger will extend Mid Penn’s footprint into attractive new markets, including the Lehigh Valley and State College region, and will expand its presence in western Pennsylvania. Mid Penn, on a pro forma basis following completion of the merger, is expected to have $4.7 billion in assets. The acquisition is subject to various conditions to closing and is anticipated to close on Nov. 30.

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