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Norcross group buys more bank shares

Despite industry turbulence that has affected bank stocks, the group is doubling down on Mid Penn, which is expanding into the Philly area.

George Norcross, chairman of Cooper University Health Care, is seated between N.J. Gov. Phil Murphy (left) and former Gov. Chris Christie (right) during groundbreaking ceremonies at Cooper University Hospital in Camden in January for a $3 billion expansion project.
George Norcross, chairman of Cooper University Health Care, is seated between N.J. Gov. Phil Murphy (left) and former Gov. Chris Christie (right) during groundbreaking ceremonies at Cooper University Hospital in Camden in January for a $3 billion expansion project.Read moreTom Gralish / Staff Photographer