Mid Penn Bancorp.
MPB.US | Other monetary intermediation
Mid Penn Bancorp, Inc. serves as the bank holding company for Mid Penn Bank, which operates as a full-service commercial bank. The bank provides a range of banking services, including accepting checking, savings, and time deposits; making commercial, real estate, and consumer loans; and providing tr...Show More
Better Health for All
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Mid Penn Bancorp is a financial institution whose core business activities (banking services) do not have a direct positive or negative impact on health outcomes, nor do they involve health-related products or services. Therefore, most health-related KPIs are not applicable to its operations. The company made a $50,000 donation to Project HOME's Stephen Kline Wellness Center, a Federally Qualified Health Center, in March 2024.
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In 2023, the company also made over $100,000 in food insecurity donations and contributed $200,000 to the Pennsylvania Breast Cancer Coalition and Basser Center, and raised $341,000 through a No Shave November campaign.
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These donations, totaling $691,000, represent approximately 0.014% of the company's $5 billion in total assets,
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which falls below the 0.5% threshold for equity programs.
Fair Money & Economic Opportunity
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No evidence available to assess Mid Penn Bancorp on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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No evidence available to assess Mid Penn Bancorp on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
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Mid Penn Bancorp, Inc. operates as a full-service commercial bank, providing financial services such such as deposits, loans, and wealth management.
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As a financial institution, its core business model does not involve the procurement or trade of physical commodities. Consequently, KPIs related to fair-trade certifications, supplier audits for physical goods, exposure to upstream labor practices, traceability of physical supply chains, remediation processes for material sourcing violations, ethical clauses in contracts for physical goods, or the sourcing of high-risk materials are not applicable to its operations.
Honest & Fair Business
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Mid Penn Bancorp has a formal whistleblower policy in its Employee Reference Handbook, offering an independent, confidential, and anonymous service via NAVEX Global EthicsPoint, with a toll-free number and online portal.
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The policy explicitly prohibits retaliation against whistleblowers under Sarbanes-Oxley and Dodd-Frank, and investigations are conducted by the Director of Internal Audit with updates to the Audit Committee.
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The company performs an annual external audit of its financial statements and management's evaluation of internal controls, but the percentage of revenue, assets, or subsidiaries covered is not specified.
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Its anti-corruption policy explicitly prohibits bribery, kickbacks, improper payments, and self-dealing, and requires reporting of gifts and entertainment over $250.
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However, there is no mention of training frequency or effectiveness metrics for this policy. The company mentions the use of independent accountants, lawyers, and consultants for investigations, but the extent of independent verification of ethical claims is not specified.
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Kind to Animals
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Mid Penn Bancorp (MPB.US) is a financial institution providing banking services.
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Its core business model does not involve activities such as product manufacturing, animal agriculture, or the sourcing of animal-derived ingredients.
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One article explicitly states that MPB has 'No Animal testing'.
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Therefore, all KPIs related to animal welfare, cruelty-free certifications, alternative testing, humane operations, ethical sourcing, and animal-related supplier audits are not applicable to the company's operations.
No War, No Weapons
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The provided articles, including ESG factsheets, a code of ethics, and corporate information, do not contain any specific, concrete data points or information related to arms manufacturing, military contracts, conflict facilitation, or peacebuilding initiatives. The company operates as a full-service commercial bank, and the available documents focus on its financial performance, general ESG factors, and corporate ethics, none of which address the metrics relevant to the 'No War, No Weapons' value.
Planet-Friendly Business
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Mid Penn Bancorp reported no regulatory actions, violations, fines, or compliance issues related to environmental responsibility in its 2021 ESG Factsheet Summary.
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The company also stated it had no data breaches in 2020 and 2023, and complies with applicable laws and regulations.
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Respect for Cultures & Communities
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The company has no reported cultural appropriation incidents.
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No specific, quantitative data points were found in the provided articles for the remaining KPIs related to Respect for Cultures & Communities, leading to their omission.
Safe & Smart Tech
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Mid Penn Bancorp reported no material cybersecurity incidents in 2023.
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The company has an Information Security Awareness Program with regular employee training, including social engineering tests.
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Mid Penn utilizes SSL (Secure Sockets Layer) encryption with 128-bit security for online transactions.
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The company conducts regular penetration testing and vulnerability assessments.
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Its privacy policy states that it collects only necessary data and complies with relevant state and federal banking regulations.
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Users have the ability to opt-out of information collection, which aligns with moderate data control options.
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Zero Waste & Sustainable Products
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Mid Penn Bancorp has implemented several waste reduction initiatives, including increasing the use of e-records and e-signing, migrating technology to the cloud, supporting recycling, and converting facilities to energy-efficient systems such as LED lighting and motion detectors.
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The company also promotes reusable water bottles and has implemented water filtration systems to reduce plastic use.
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Additionally, interior finishes have been updated with UL Environmental/Greenguard Certified flooring and LEED Certified furniture.
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The company has a policy to scrutinize loans to environmentally sensitive industries and seeks to offset these with ESG-focused loans or investments.
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No waste disposal violations or fines have been mentioned in the past three years.
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