Skip to content
Business
Link copied to clipboard
Link copied to clipboard

Norcross family is betting millions on another Pa. bank after Republic’s collapse

A trust set up for George Norcross' daughter and son has invested in Mid Penn Bancorp, which has branches in Bucks, Chester, and Montgomery Counties.

(From left) Alex Norcross, George Norcross III, and Lexie Norcross in 2021, with the late Martin McKernan Jr. and a copy of the Declaration of Independence which the family purchased. A trust set up for the younger Norcrosses owns more than 6% of Mid Penn Bank's holding company after investing $25 million in its November 2024 share sale.
(From left) Alex Norcross, George Norcross III, and Lexie Norcross in 2021, with the late Martin McKernan Jr. and a copy of the Declaration of Independence which the family purchased. A trust set up for the younger Norcrosses owns more than 6% of Mid Penn Bank's holding company after investing $25 million in its November 2024 share sale.Read moreCourtesy of Norcross Family