Mergers and Acquisitions (M&A): Mid Penn Bancorp, Inc. Acquires Cumberland Advisors, Inc
Millersburg, Pennsylvania – Mid Penn Bancorp, Inc. has announced the acquisition of Cumberland Advisors, Inc (https://www.cumber.com/). According to the company announcement Mid Penn Bancorp, Inc. (NASDAQ: MPB) is a financial holding company headquartered in Harrisburg, Pennsylvania, serving as the parent company of Mid Penn Bank, a full-service commercial bank. The company operates 59 retail locations across Pennsylvania and central and southern New Jersey, managing total assets exceeding $6 billion. Mid Penn offers a comprehensive suite of financial products and services to the communities it serves. Notably, the company recently completed the acquisition of Cumberland Advisors, Inc., a Sarasota, FL-based registered investment advisory firm with approximately $3.2 billion in assets under management as of December 31, 2025. This strategic acquisition expands Mid Penn’s offerings to include fee-for-service investment management, catering to advisors, individuals, and institutional investors with a conservative investment orientation.
To learn more about Mid Penn Bancorp, Inc., visit https://midpennbank.com/
Company LinkedIn Page: https://www.linkedin.com/company/mid-penn-bank/
Company Contact:
Mid Penn Bancorp, Inc.
349 Union St
Millersburg, PA 17061
717-692-7100
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