Bank celebrates Lehigh Valley branch opening on heels of national honor

Harrisburg-based Mid Penn Bank, which was recently ranked sixth on S&P Global Market Intelligence’s list of Best-Performing Large Community Banks for 2022, is celebrating opening its first full-service Lehigh Valley branch.   

A grand opening will be held April 1 at the new financial center at 3900 Hamilton Blvd. in Allentown. 

The new location offers traditional banking and account services with access to trust, wealth management, and insurance solutions.  

The office also houses the regional commercial lending and cash management teams and is led by Regional President Frank Heston.  

“We are excited to host the grand opening celebration and welcome individuals and businesses from the region to Mid Penn and our brand of banking,” Heston said. 

Its recent S&P ranking was based on the evaluation of 196 institutions. Mid Penn Bank was the only Pennsylvania bank to make the list. 

S&P assessed the performance of community banks and credit unions with assets between $3 billion and $10 billion for the year ended December 31, 2022. The company calculates scores based on metrics such as returns, growth, and efficiency but also places emphasis on the capital strength and risk profile of balance sheets.