William Penn Bank
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.
- Company typePrivate
- Founded1870
- HeadquartersBristol, United States
- Headcount51–100
- GTM typeB2C
- OfferingServices
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.
William Penn Bank firmographics
Firmographics- 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
William Penn Bank industry classification
Industry- 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
Where William Penn Bank is headquartered
LocationHeadquarters
- HQ city
- Bristol
- HQ country
- United States
- HQ region
- North America
Markets served
William Penn Bank business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D
William Penn Bank product offering
Product offeringCore 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
Companies that use William Penn Bank
Customer profileIdeal customer profiles2 records
William Penn Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
William Penn Bank partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- 1st Colonialcore1st 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
William Penn Bank competitors and assessment
Company assessmentDirect 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
William Penn Bank social profiles
Digital presenceWilliam Penn Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
William Penn Bank leadership team
Management profileNumber of profiles
William Penn Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
William Penn Bank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about William Penn Bank
What does William Penn Bank do?
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.
Is William Penn Bank a public or private company?
William Penn Bank is a private company. It is classified as corporate owned and is currently acquired.
When was William Penn Bank founded?
William Penn Bank was founded in 1870. It employs 51 to 100 people.
Where is William Penn Bank based?
William Penn Bank is headquartered in Bristol, United States, in the North America region.
Who are William Penn Bank's main competitors?
Direct peers on record are 1st Colonial Community Bank, Fidelity D&D Bancorp, DNB Financial, Univest Financial Corporation, ACNB Corporation, Orrstown Financial Services, First Keystone Corporation and Citizens & Northern Corporation. Broad incumbents are Customers Bank and Mid Penn Bancorp.
Does William Penn Bank have an API?
No public API is recorded for William Penn Bank.
What industry is William Penn Bank in?
William Penn Bank's product category is Community Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings). Its NAICS code is 52211 and its SIC code is 6022.