Fact Sheet

Bailout Bank Bio: AmeriServ Financial

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May 10, 2009
Programs: Budget & Tax

AmeriServ logoAmeriServ Financial, Inc. is a bank holding company that owns all of the outstanding shares of AmeriServ Financial Bank (the Bank). The Company's principal activities consist of owning and operating its three wholly owned subsidiary entities: AmeriServ Trust and Financial Services Company (the Trust Company), AmeriServ Life Insurance Company (AmeriServ Life) and AmeriServ Associates, Inc. (AmeriServ Associates). As of December 31, 2007, the Company had, on a consolidated basis, total deposits of $710 million. As of December 31, 2007, it operated 19 banking locations in 5 southwestern Pennsylvania counties; and 22 automated bank teller machines. The company was founded in 1982 and is headquartered in Johnstown, Pennsylvania.


Resources

Bank Bio Chart | Financial Documents | Federal contracts

Lobbying reports | Political Contributions | Related Articles


  

Bailout Bank Bio: AmeriServ Financial

Federal Equity Investment

$21 million

Total Revenue

$64.086 million

Net Income

$3.034 million

Number of Employees

352

Corporate Headquarters

Johnstown, Pennsylvania

Business Sector

Bank

Officers and Directors


Virag, Ronald, President and CEO of AmeriServ Trust and Financial Services Company

Ford, Craig, Non-Executive Chairman of the Board

Other Officers and Directors

Corporate Website

http://www.ameriservfinancial.com/

Executive Compensation

AmeriServ Financial

►Financial Documents

2008-12-18 AmeriServ 8K

2008-09-30 AmeriServ 10Q

2008 AmeriServ Proxy

2007 AmeriServ Annual Report

2007 AmeriServ 10K

Federal contracts

No federal contracts located.

Lobbying reports (if any)

Fourth Quarter 2008

No lobbying reports located.

Political Contributions

No political contributions located.

Related Articles

4/14/2009 AmeriServ Financial Q1 Profit Declines - Update (RTTNews)

4/9/2009 US Bank to buy part of AmeriServ Financial (Minneapolis/St. Paul Business Journal)

 

Last Updated May 11, 2009

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