Mid Penn Bank, a wholly-owned subsidiary of Mid Penn Bancorp, Inc. is pleased to announce the promotion of Paul Spotts to executive vice president and chief credit officer. In this capacity, Spotts will oversee all aspects of credit risk management, credit policy development, loan approval processes, portfolio management, regulatory compliance, and team leadership. In his new appointment, Spotts will continue to report to Chief Operating Officer Jordan Space.
“Paul has been instrumental in developing robust credit risk management strategies, ensuring that the Bank’s credit portfolio remains strong and resilient,” said Space. “His deep knowledge and experience will be key to maintaining strong asset quality at the Bank.”
Spotts has been with the Bank since 2021, most recently serving as chief credit administration officer. In that time, he significantly contributed to all areas of the Bank’s credit administration function and served with dedication, expertise, and leadership.
Spotts, who holds a bachelor’s degree from Saint Joseph’s University in Philadelphia, has over 30 years of community banking experience. During his career, Paul has had the privilege of mentoring and developing many colleagues and looks to continue this important endeavor in his new role. Mid Bank is located in Blue Bell at 480 Norristown Road. Learn more at https://midpennbank.com/.