Company
AmeriServ Financial, Inc.
Headquarters: Johnstown, PA, United States
Founded: 1983
Employees: 319
CEO: Mr. Jeffrey A. Stopko CPA
Market Cap
$41.3 Million
USD as of July 1, 2024
AmeriServ Financial, Inc. Categories
United States Financials Banks—RegionalUnited States Financials United States Banks—Regional
Top Competitors by Market Capitalization
Industry: Banks—Regional
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Sector:
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| Berkshire Hathaway | $887.16 B |
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| Bank of America | $316.02 B |
Detailed Description
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 through a network of 17 banking locations in Allegheny, Cambria, Centre, Somerset, and Westmoreland counties, Pennsylvania, and Washington County, Maryland; and operates 18 automated bank teller machines. AmeriServ Financial, Inc. is headquartered in Johnstown, Pennsylvania.
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Stocks & Indices
AmeriServ Financial, Inc. has the following listings and related stock indices.
Stock: NASDAQ: ASRV wb_incandescent
Key People
Craig G. Ford, Chairman Jeffrey A. Stopko, CEO & President Michael D. Lynch, CFO
Financials
Total assets: $1.167 billion (2017)
Total equity: $0.095 billion (2017)