AmeriServ Financial Inc

AmeriServ Financial Inc. operates as the bank holding company for 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; and safe deposit boxes holiday club accounts and money orders. 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 in Allegheny Cambria Centre Somerset and Westmoreland counties as well as Pennsylvania and Washington County Maryland; and operates automated bank teller machines. AmeriServ Financial Inc. was founded in 1983 and is headquartered in Johnstown Pennsylvania.