Mid Penn Bancorp (MPB) in Millersburg, Pa., has repaid the $10 million it owes the Troubled Asset Relief Program.

The $724 million-asset parent of Mid Penn Bank said Friday it has redeemed the preferred stock the company issued to the Treasury Department in December 2008 in exchange for the Tarp funds.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.