William Penn Bank

What William Penn Bank does

William Penn Bank is a traditional community bank founded in 1870 and headquartered in Bristol, Pennsylvania. The bank provides conventional banking and related financial services — including lending, deposits, and standard financial products — to individuals and businesses in its local market. Its go-to-market is horizontal: a community-focused retail and small-business banking franchise distributed through physical branch locations, with no disclosed digital channels, marketing motions, or differentiated product lines. The institution operates with 51–100 employees and no documented proprietary technology stack, AI capabilities, or patents.

In Q2 2026, William Penn Bank was acquired by Mid Penn Bancorp, Inc. (NASDAQ: MPB), a publicly traded bank holding company based in Mill Hall, Pennsylvania. The transaction was executed concurrently with Mid Penn's acquisition of 1st Colonial Community Bank. Together, the two acquisitions contributed materially to Mid Penn's Q2 2026 results, driving a 16.2% increase in total loans to $5.6 billion and a 62 basis point expansion in net interest margin to 4.06% for the combined entity. Mid Penn also reported a 355.5% increase in net income to $21.7 million for the quarter.

Following the acquisition, William Penn Bank's operating status transitioned from 'independent' to 'acquired,' and the institution now operates as part of Mid Penn Bancorp's consolidated banking franchise. William Penn Bank's website (williampenn.bank) remains active. Pre-acquisition ownership structure, standalone financials, leadership details, and detailed product offerings are not disclosed in available sources, and the financial figures provided appear internally inconsistent and unreliable for analytical purposes.

Name

William Penn Bank

Legal name

William Penn Bank

Website

https://williampenn.bank

Company type

Private

Founded year

1870

Operating status

Acquired

Headcount range

51–100 employees

Short description

William Penn Bank is a traditional community bank founded in 1870 in Bristol, Pennsylvania, providing lending, deposits, and standard financial products to individuals and local businesses. It was acquired by Mid Penn Bancorp in Q2 2026 alongside 1st Colonial Community Bank.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (52211)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

Keywords

• Community banking services
• Consumer lending products
• Retail deposit accounts
• Commercial banking services
• Personal banking products

Headquarters

HQ city

Bristol

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D

Core offering

William Penn Bank provides traditional community banking and related financial services, including deposit accounts, lending, and other financial products, to individuals and businesses in its local market. The bank operates as a community-focused institution emphasizing personal customer relationships and localized banking services.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Banking Services
• Business Banking Services

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• 1st ColonialcoreStrategic or Co-development Partner · 1 January 20261st Colonial was acquired by Mid Penn Bancorp alongside William Penn. Both acquisitions contributed to a 16.2% increase in total loans to $5.6 billion and a 62 basis point expansion in net interest margin to 4.06%.

Scale indicators2 records

Recent moves3 records

Expansion highlights2 records

Direct peers

• 1st Colonial Community Bank: Co-acquired community bank by Mid Penn Bancorp alongside William Penn in Q2 2026. Both deals contributed jointly to Mid Penn's $5.6 billion loan portfolio and 4.06% NIM, making 1st Colonial the closest analog by transaction context and customer base.
• Fidelity D&D Bancorp: Northeast regional community bank providing deposit, lending, and wealth services to consumers and small businesses — directly comparable business model in a geographically adjacent Pennsylvania market.
• DNB Financial: Pennsylvania-based community bank offering traditional deposit and lending products through local branches. Comparable in size, regional focus, and customer segments to William Penn Bank.
• Univest Financial Corporation: Pennsylvania-based community bank holding company offering lending, deposits, and wealth services to individuals and businesses — directly comparable in product mix, customer segments, and Mid-Atlantic regional footprint to William Penn.
• ACNB Corporation: Pennsylvania-based community bank holding company serving consumers and small businesses through a branch network. Comparable in size, customer profile, and traditional community-banking value proposition.
• Orrstown Financial Services: South-central Pennsylvania community bank offering commercial and consumer banking. Closely comparable in regional footprint, relationship-lending model, and customer scale to William Penn Bank.
• First Keystone Corporation: Pennsylvania community bank holding company offering traditional banking products through a community branch network — comparable in size, regional exposure, and product breadth.
• Citizens & Northern Corporation: Northern-tier Pennsylvania community bank with similar branch-based distribution, consumer and commercial lending focus, and small-market capitalization profile.

Broad incumbents

• Customers Bank: Pennsylvania-headquartered commercial bank with a community and small-business lending focus overlapping William Penn's geographic and customer base, but operating at materially larger scale and with a more developed digital platform.
• Mid Penn Bancorp: Parent company of William Penn Bank post-Q2 2026 acquisition. Mid Penn operates a broader Pennsylvania community-banking franchise and provides the public-company context against which William Penn's economics are now reported.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/WilliamPennBank
• Facebookfacebook.com/WilliamPennBank
• LinkedInlinkedin.com/company/william-penn-bank

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about William Penn Bank