Morrisons Cove Herald - Putting cows on the front page since 1885.

By LUGENE SHELLY
For the Herald 

Williamsburg Bank's Closure Will Have 'Serious Repercussions' for Community

 

December 16, 2021



It looks like Williamsburg is losing another institution. In a letter sent to customers dated Dec. 3. 2021, Mid Penn Bank, a Millersburg, Pa., based bankcorp that now controls Riverview Bank’s assets, announced the closing of the Williamsburg branch effective March 4, 2021 [sic]. In June when Mid Penn Bank announced the merger, Mid Penn said the acquisition of Riverview was a chance for their corporation to get a foothold in the State College area market. The press release touted the merger as creating a “premier Pennsylvania community bank with approximately $4.8 billion in assets.”...



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