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State: 17.08.2024 | 11PM
Tue, 05.11.2024       AmeriServ Financial
US03074A1025

JOHNSTOWN, Pa., Nov. 5, 2024 /PRNewswire/ -- (NASDAQ: ASRV) – AmeriServ Financial, Inc. today announced the completion of the merger of its subsidiary, AmeriServ Trust and Financial Services Company, with and into its subsidiary bank, AmeriServ Financial Bank. The merger was effective October 1, 2024, and the former trust company will now function as a division of the bank under the name AmeriServ Wealth & Capital Management. 

Jeff Stopko, president and CEO of AmeriServ Financial, Inc., said, "This merger not only enables the company to realize greater operational efficiencies, but it also makes it possible for our trust customers to have greater and more immediate access to the full complement of services that AmeriServ Bank offers.  We believe this change will only make our company stronger and we are committed to providing all our customers with exceptional banking for life experiences."

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