Williamsburg Bank Gets Reprieve

Customers of the Mid Penn Bank branch in Williamsburg received good news in a letter from Mid Penn President and CEO Rory G. Ritrievi on Monday. In the letter, Ritrievi announced that the bank would continue to operate on a limited basis for the next year in Williamsburg as the Williamsburg Financial Center. The bank will be staffed four hours a week to accommodate customers who are not able to travel to the bank’s other branches.

In addition, Ritrievi said the bank will offer, at the present location, an Interactive Teller Machine (ITM) that would allow live video contact with a Financial Center Associate between the hours of 8:30 a.m. and 5 p.m., Monday through Friday. The ITM would allow for check cashing, check depositing, cash withdrawals in various denominations, statement printing, and account fund transfers. The bank will continue to offer mobile and online banking.

Businesses with Mid Penn accounts at the Williamsburg branch will be contacted individually to discuss options for remote and online banking using remote deposit capture scanners or mobile banking.

Ritrievi also said that the bank may consider the sale of the Financial Center to another institution for immediate possession, subject to regulatory approval.

The change in plans is due to “significant feedback” from the community after the announcement that the branch would close.