MILLERSBURG, PA — Mid Penn Bank, a wholly owned subsidiary of Mid Penn Bancorp Inc. (NASDAQ: MPB), has named seasoned banking executive Sara Shute as senior vice president and senior credit officer, strengthening its credit leadership as the company continues to expand in the Greater Philadelphia market.
Shute will oversee credit administration functions, including credit risk management, loan approval processes, and regulatory compliance. She will be based at the bank’s Malvern Administrative Center and report to Paul Spotts, executive vice president and chief credit officer.
The appointment brings to Mid Penn Bank a veteran credit professional with deep experience across community and regional banking institutions. Shute most recently served as chief credit officer at Applied Bank, where she directed credit administration tied to commercial real estate lending, underwriting standards, and loan portfolio performance. Before that, she held senior lending, credit, and risk management roles at Meridian Bank, contributing to enterprise risk management initiatives and commercial real estate operations.
Her career also includes credit, lending, and product consulting positions with Stonebridge Bank, First Union, and CoreStates Bank, giving her broad exposure to credit strategy and regulatory expectations across multiple banking environments.
“We are pleased to welcome Sara, who joins our credit leadership team with experience that aligns well with our disciplined approach to credit,” Spotts said. “She will play a key role in maintaining asset quality and sound credit practices in the important Greater Philadelphia area market.”
Shute holds a bachelor’s degree in agricultural business management from Penn State University. Beyond banking, she serves as executive director of the Jaguar Conservation Fund, a nonprofit organization focused on protecting jaguars and other wildlife in Brazil through conservation and fundraising efforts.
Mid Penn Bank said Shute’s background in credit administration and risk oversight supports the institution’s focus on prudent growth, asset quality, and regulatory compliance as it continues to build its presence across southeastern Pennsylvania.
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