AmeriServ Financial, Inc. (ASRV)

3.5100 +0.0300 (+0.86%) At close: 4:00PM EST

AmeriServ Financial, Inc.

Main & Franklin Streets
PO Box 430
Johnstown, PA 15907-0430
United States
814-533-5300
http://www.ameriserv.com

Sector(s): Financial Services
Industry: Banks—Regional
Full Time Employees: 306

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Jeffrey A. Stopko CPA	Pres, CEO & Director	358.8k	N/A	1963
Mr. Michael D. Lynch	Sr. VP, CFO, Chief Risk Officer & Chief Investment Officer	199k	N/A	1961
Mr. James T. Huerth	Pres & CEO of Ameriserv Trust and Financial Services Company	297.56k	N/A	1962
Mr. Robert E. Werner III	Sr. VP & Chief Information Officer	N/A	N/A	N/A
Ms. Susan Tomera Angeletti	Sr. VP and Director of Corp. Marketing & Alternative Delivery Systems	N/A	N/A	N/A
Mr. Jack Wood Babich	Chief Human Relations Officer & Sr. VP	N/A	N/A	N/A
Mr. Gary M. McKeown	Exec. VP & Special Assistant to the Pres of AmeriServ Financial Bank	N/A	N/A	1945
Mr. Michael R. Baylor	Chief Commercial Banking Officer & Exec. VP	N/A	N/A	1963
Ms. Carolyn Concannon	Exec. VP and Chief Risk & Chief Credit Officer	N/A	N/A	N/A
Ms. Bettina D. Fochler	SVP & Chief Credit Officer of AmeriServ Financial Bank	N/A	N/A	N/A

Amounts are as of December 31, 2019 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 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, 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 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 a 10 indicates higher governance risk.