AmeriServ Financial, Inc. (ASRV)

3.95 + 0.05 (+1.28%) At close: 4:00PM EDT

AmeriServ Financial, Inc.

Main & Franklin Streets
PO Box 430
Johnstown, PA 15907
United States
814-533-5300
http://www.ameriservfinancial.com

Sector: Financial
Industry: Regional - Northeast Banks
Full Time Employees: 305

Key Executives

Name	Title	Pay	Exercised	Age
Mr. Jeffrey A. Stopko	CEO, Pres, Director, CEO of AmeriServ Financial Bank and Pres of AmeriServ Financial Bank	311.94k	N/A	54
Mr. Michael D. Lynch	Chief Financial Officer, Chief Investment Officer, Chief Risk Officer and Sr. VP	167.51k	N/A	56
Mr. James T. Huerth	CEO of AmeriServ Trust & Financial Svcs Co. and Pres of AmeriServ Trust & Financial Svcs Co.	272.72k	N/A	55
Susan Tomera Angeletti	Sr. VP of Corp. Marketing & Alternative Delivery Services	N/A	N/A	N/A
Jack W. Babich	Chief Human Relations Officer and Sr. VP	N/A	N/A	N/A

Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

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.

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 a 10 indicates higher governance risk.