- Business
- Steele Bancorp Inc. operates as a bank holding company for Central Penn Bank & Trust, delivering a comprehensive array of financial solutions to individuals, families, nonprofits, and businesses throughout central Pennsylvania. The institution offers a full suite of services, including various checking, savings, and sweep accounts, along with certificates of deposit and health savings options. Clients can access diverse lending products such as home, personal, and automobile loans, as well as specialized financing for medical professionals, agriculture, commercial enterprises, and nonprofits, in addition to lines of credit and credit cards. The bank emphasizes modern convenience through extensive online and mobile banking services. Furthermore, it provides sophisticated business services like merchant card processing, efficient lockbox services, remote deposit capabilities, secure CD file storage, and automatic transfers. Additional offerings include safe and night deposit boxes, notary services, e-statements with check images, consolidated statements, stop payment orders, and wire transfers. For wealth management, Central Penn Bank & Trust presents investment products and advisory services, encompassing retirement planning, college funding, life insurance, brokerage services, and in-depth investment analysis. Business clients also benefit from specialized retirement solutions like IRAs, 401(k) plans, pensions, profit-sharing plans, SEPs, and defined contribution plans. Steele Bancorp Inc. was formed from the strategic merger of equals between Mifflinburg Bancorp, Inc. and Northumberland Bancorp, with the change becoming effective in August 2025. Simultaneously, its banking subsidiary, Mifflinburg Bank and Trust Company, merged with The Northumberland National Bank to become Central Penn Bank & Trust. With a combined history dating back to 1872, the company maintains its headquarters in Mifflinburg, Pennsylvania, and serves its communities through 13 banking offices. As of September 30, 2025, the combined entity reported total assets of approximately $1.25 billion.