AmeriServ Financial, Inc. operates as a bank holding company for the AmeriServ Financial Bank that provides various consumer, mortgage, and commercial financial products. It offers retail banking services, such as demand, savings, and time deposits; checking and money market accounts; secured and unsecured consumer loans, and mortgage loans; safe deposit boxes, holiday club accounts, money orders, and traveler's checks. The company also provides lending, depository, and related financial services, such as commercial real estate mortgage loans, short and medium-term loans, revolving credit arrangements, lines of credit, inventory and accounts receivable financing, real estate-construction loans, business savings accounts, certificates of deposit, wire transfers, night depository, and lock box services to commercial, industrial, financial, and governmental customers. In addition, the company offers personal trust products and services, including personal portfolio investment management, estate planning and administration, custodial services, and pre-need trusts; institutional trust products and services comprising 401(k) plans, defined benefit and defined contribution employee benefit plans, and individual retirement accounts; financial services consisting of the sale of mutual funds, annuities, and insurance products; and union collective investment funds to invest union pension dollars in construction projects that utilize union labor. Further, it engages in underwriting as reinsurer of credit life and disability insurance. The company operates through a network of 16 banking locations in Allegheny, Cambria, Centre, Somerset, and Westmoreland counties, Pennsylvania; and operates 18 automated bank teller machines. AmeriServ Financial, Inc. was founded in 1982 and is headquartered in Johnstown, Pennsylvania.

Ameriserv Financial Inc

AmeriServ Financial, Inc. operates as a bank holding company, which provides consumer, mortgage and commercial financial products and services through its subsidiary. Its principal activities consist of owning and operating subsidiaries, such as AmeriServ Financial Bank, AmeriServ Trust & Financial Services Co. and AmeriServ Life Insurance. The company operates through the following business segments: Retail Banking, Commercial Banking, Trust and Investment/Parent. The Retail Banking segment includes the deposit-gathering branch franchise, lending to both individuals and small businesses, and financial services. The Commercial Banking segment includes business lending, commercial loans, and commercial real-estate loans. The Trust segment contains its wealth management businesses, which include the trust company and West Chester Capital Advisors, its registered investment advisory firm. The Investment/Parent segment includes the net results of investment securities and borrowing activities, general corporate expenses not allocated to the business segments, interest expense on guaranteed junior subordinated deferrable interest debentures, and centralized interest rate risk management. AmeriServ Financial was founded in January 1983 and is headquartered in Johnstown, PA.

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