William Penn Bancorp, Inc. and William Penn, MHC Complete 2015 Stock Repurchase Plans

LEVITTOWN, PA / ACCESSWIRE / April 12, 2016 / William Penn Bancorp, Inc. (OTC Pink: WMPN), the holding company for William Penn Bank (the "Company"), announced today that it had completed the repurchase of all stock available for repurchase under the plan announced in December 2015. As a result, the Company has completed repurchases under such plan. The Company now has 877,641 shares of common stock outstanding, excluding shares held by William Penn MHC.

In addition, William Penn, MHC (the "MHC"), the majority shareholder of the Company, announced today that it had completed the repurchase of all stock available for repurchase under the MHC's plan announced in December 2015. As a result, the MHC has completed repurchases under such plan.. The MHC now owns 2,587,045 shares of the common stock of William Penn Bancorp, Inc., representing 74.7% of total outstanding shares.

William Penn, MHC is a federally chartered mutual holding company and majority shareholder of William Penn Bancorp, Inc. William Penn Bancorp, Inc. is the mid-tier holding company for William Penn Bank which operates from its main office in Levittown, Pennsylvania, and branch offices located in Morrisville and Richboro, Pennsylvania. William Penn Bank's deposits are insured up to the maximum legal amount by the Federal Deposit Insurance Corporation (FDIC). William Penn Bancorp's common stock is traded on the OTC Pink Marketplace under the symbol "WMPN."

FOR FURTHER INFORMATION CONTACT:

Terry L. Sager, President and CEO
(215) 945-1200

SOURCE: William Penn Bancorp, Inc.