Mid Penn Bank launches sports and entertainment division

Mid Penn Bank has launched a sports and entertainment division of its private bank. The new division offers a range of financial products and services designed for those in the sports and entertainment business sectors, according to a press release.

Among the services the sports and entertainment division can offer are: Wealth management, investment strategies, tax planning, or loan and credit solutions.

“From endorsement deals and sponsorship agreements to strategic partnerships, the professionals in the sports and entertainment division will leverage a client’s brand and expand its reach within the sports and entertainment world,” the press release stated.

The sports and entertainment division is led by Anthony Falco, private banker for Philadelphia Metro and eastern Pennsylvania; and John Carpenter, private banker for central and eastern Pennsylvania. They provide “personalized support” to clients, the bank said — staying ahead of industry trends and changes.

“We have the power of a $5 billion company with the feel of a boutique firm to cater to every client’s situation,” Jordan Space, president of Mid Penn’s private bank and chief operating officer, said in a statement. “We feel that we have positioned ourselves in the marketplace to provide remarkable value in the space. Trust and discretion are incredibly important to athletes and celebrities, as it is with all of our clients, and we apply the highest standards of both to every relationship.”

Mid Penn’s private bank is designed for high and ultra-high net worth individuals, according to information on the bank’s website. Clients receive enhanced services from an assigned private banker that include: Banking products, wealth management, trust and estate services and insurance and risk management.

Headquartered in Millersburg, Dauphin County, Mid Penn Bank — a subsidiary of Mid Penn Bancorp Inc. — operates 49 branches in Pennsylvania and central New Jersey. The bank services 17 Pennsylvania counties, including Berks, Bucks, Chester, Lancaster, Montgomery and Schuylkill.