Corporate Profile
AmeriServ Financial, Inc. is a bank holding company organized under the Pennsylvania Business
Corporation Law. In addition to AmeriServ Financial Bank, the Company’s other wholly owned subsidiaries include
AmeriServ Trust and Financial Services Company, and AmeriServ Life Insurance Company. AmeriServ Financial Bank
is a Pennsylvania state chartered bank that conducts a general banking business through branch locations in
Allegheny, Cambria, Centre, Somerset, and Westmoreland counties, Pennsylvania. It is a full-service bank
offering (i) retail banking services, and (ii) lending, depository and related financial services to commercial,
industrial, financial, and governmental customers. The Company operates loan production offices (LPOs) in
Monroeville and Altoona in Pennsylvania, and in Hagerstown, Maryland. West Chester Capital Advisors, a SEC
registered investment advisor, is also a subsidiary of the Bank.
The AmeriServ Trust and Financial Services Company focuses on wealth management including personal trust
products and services such as personal portfolio investment management, estate planning and administration,
custodial services and pre-need trusts, institutional trust products and services such as 401(k) plans, defined
benefit and defined contribution employee benefit plans, and individual retirement accounts. Financial services,
which include the sale of mutual funds, annuities, and insurance products, are also offered. The wealth
management business also includes the ERECT Fund which is a union collective investment fund which is designed
to use union pension dollars in construction projects that utilize union labor.