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AmeriServ Financial, Inc. (ASRV)

NasdaqGM - NasdaqGM Real-time price. Currency in USD
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3.8400-0.0800 (-2.04%)
At close: 4:00PM EDT
3.8200 -0.02 (-0.52%)
After hours: 04:11PM EDT

AmeriServ Financial, Inc.

216 Franklin Street
Johnstown, PA 15901
United States
814 533 5300
http://www.ameriserv.com

Sector(s)Financial Services
IndustryBanks—Regional
Full-time employees300

Key executives

NameTitlePayExercisedYear born
Mr. Jeffrey A. Stopko CPAPres, CEO & Director367.23kN/A1963
Mr. Michael D. LynchExec. VP, CFO, Chief Risk Officer & Chief Investment Officer206.51kN/A1961
Mr. James T. HuerthPres & CEO of Ameriserv Trust and Financial Services Company306.89kN/A1962
Mr. Robert E. Werner IIISr. VP & Chief Information OfficerN/AN/AN/A
Ms. Susan Tomera AngelettiSr. VP and Director of Corp. Marketing & Alternative Delivery SystemsN/AN/AN/A
Ms. Michele ScanlanSr. VP & Chief HR OfficerN/AN/AN/A
Mr. Gary M. McKeownExec. VP & Special Assistant to the Pres of AmeriServ Financial BankN/AN/A1945
Mr. Michael R. BaylorChief Commercial Banking Officer & Exec. VPN/AN/A1963
Ms. Carolyn ConcannonExec. VP and Chief Risk & Chief Credit OfficerN/AN/AN/A
Ms. Bettina D. FochlerSVP & Chief Credit Officer of AmeriServ Financial BankN/AN/AN/A
Amounts are as of 31 December 2020, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

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 16 banking locations in Allegheny, Cambria, Centre, Somerset, and Westmoreland counties, Pennsylvania, and Washington County, Maryland; and operates 17 automated bank teller machines. AmeriServ Financial, Inc. is headquartered in Johnstown, Pennsylvania.

Corporate governance

AmeriServ Financial, Inc.’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.