Mid Penn Bank is launching a sports and entertainment division to offer financial products designed specifically for those business sectors.

Mid Penn Bank, a wholly owned subsidiary of Mid Penn Bancorp, Inc., said the division of its private bank will be led by industry experts with knowledge of sports and entertainment finance.

“We have the power of a $5 billion company with the feel of a boutique firm to cater to every client’s situation,” President of the Private Bank and COO Jordan Space said. “We feel that we have positioned ourselves in the marketplace to provide remarkable value in the space. Trust and discretion are incredibly important to athletes and celebrities, as it is with all of our clients, and we apply the highest standards of both to every relationship.”

The sports and entertainment division will be led by Anthony Falco and John Carpenter, who will take a proactive approach to relationship management and stay ahead of industry trends and changes that may impact a client’s financial situation, Mid Penn Bank said in a statement.

The team will offer services ranging from wealth management, investment strategies, tax planning, or loan and credit solutions, the bank said.

The Bank said its network of industry contacts enables the team to connect clients with the right partners and opportunities, including endorsement deals, sponsorship agreements and strategic partnerships.

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