<SEC-DOCUMENT>0000707605-15-000050.txt : 20150324
<SEC-HEADER>0000707605-15-000050.hdr.sgml : 20150324
<ACCEPTANCE-DATETIME>20150324083016
ACCESSION NUMBER:		0000707605-15-000050
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20150324
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20150324
DATE AS OF CHANGE:		20150324

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AMERISERV FINANCIAL INC /PA/
		CENTRAL INDEX KEY:			0000707605
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				251424278
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-11204
		FILM NUMBER:		15720514

	BUSINESS ADDRESS:	
		STREET 1:		MAIN & FRANKLIN STS
		STREET 2:		PO BOX 430
		CITY:			JOHNSTOWN
		STATE:			PA
		ZIP:			15907
		BUSINESS PHONE:		8145335300

	MAIL ADDRESS:	
		STREET 1:		MAIN & FRANKLIN STS
		STREET 2:		PO BOX 430
		CITY:			JOHNSTOWN
		STATE:			PA
		ZIP:			15907
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>change8k15.htm
<DESCRIPTION>PRESS RELEASE ANNOUNCING APPOINTMENT OF SENIOR LEADERSHIP
<TEXT>
<!doctype html public "-//IETF//DTD HTML//EN">
<HTML>
<HEAD>
<TITLE>Converted by EDGARwiz</TITLE>
<META NAME="author" CONTENT="Stevens &amp; Lee">
<META NAME="date" CONTENT="03/23/2015">
</HEAD>
<BODY style="line-height:12pt; font-family:Times New Roman; font-size:10pt; color:#000000">
<DIV style="width:720px"><P style="line-height:20pt; margin:0px; font-size:18pt" align=center><B>UNITED STATES</B></P>
<P style="line-height:20pt; margin:0px; font-size:18pt" align=center><B>SECURITIES AND EXCHANGE COMMISSION</B></P>
<P style="margin:0px" align=center><B>Washington, D.C.&nbsp; 20549</B></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="line-height:20pt; margin:0px; font-size:18pt" align=center><B>FORM 8-K</B></P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="line-height:14pt; margin:0px; font-size:12pt" align=center><B>CURRENT REPORT</B></P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="line-height:14pt; margin:0px; font-size:12pt" align=center><B>Pursuant to Section&nbsp;13 or 15(d) of</B></P>
<P style="line-height:14pt; margin:0px; font-size:12pt" align=center><B>The Securities Exchange Act of 1934</B></P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px" align=center><B>March&nbsp;19, 2015</B></P>
<P style="margin:0px" align=center>Date of Report (Date of earliest event reported)</P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="line-height:20pt; margin:0px; font-size:18pt" align=center><B>AMERISERV FINANCIAL,&nbsp;INC.</B></P>
<P style="margin:0px" align=center>(Exact name of registrant as specified in its charter)</P>
<P style="margin:0px">&nbsp;</P>
<TABLE style="font-size:10pt" cellspacing=0><TR style="font-size:0"><TD width=230.4></TD><TD width=14.4></TD><TD width=230.4></TD><TD width=14.333></TD><TD width=230.467></TD></TR>
<TR><TD valign=top width=230.4><P style="margin:0px" align=center><B>Pennsylvania</B></P>
</TD><TD valign=bottom width=14.4><P style="margin:0px; font-size:1pt">&nbsp;</P>
</TD><TD valign=top width=230.4><P style="margin:0px" align=center><B>0-11204</B></P>
</TD><TD valign=bottom width=14.333><P style="margin:0px; font-size:1pt">&nbsp;</P>
</TD><TD valign=top width=230.467><P style="margin:0px" align=center><B>25-1424278</B></P>
</TD></TR>
<TR><TD valign=top width=230.4><P style="margin:0px" align=center>(State or other jurisdiction</P>
<P style="margin:0px" align=center>of incorporation)</P>
</TD><TD valign=bottom width=14.4><P style="margin:0px; font-size:1pt">&nbsp;</P>
</TD><TD valign=top width=230.4><P style="margin:0px" align=center>(Commission</P>
<P style="margin:0px" align=center>File Number)</P>
</TD><TD valign=bottom width=14.333><P style="margin:0px; font-size:1pt">&nbsp;</P>
</TD><TD valign=top width=230.467><P style="margin:0px" align=center>(IRS Employer</P>
<P style="margin:0px" align=center>Ident. No.)</P>
</TD></TR>
<TR><TD valign=top width=230.4><P style="margin:0px" align=center>&nbsp;</P>
</TD><TD valign=bottom width=14.4><P style="margin:0px">&nbsp;</P>
</TD><TD valign=top width=230.4><P style="margin:0px" align=center>&nbsp;</P>
</TD><TD valign=bottom width=14.333><P style="margin:0px">&nbsp;</P>
</TD><TD valign=top width=230.467><P style="margin:0px" align=center>&nbsp;</P>
</TD></TR>
<TR><TD valign=top width=475.2 colspan=3><P style="margin:0px" align=center><B>Main and Franklin Streets, Johnstown, Pennsylvania</B></P>
</TD><TD valign=bottom width=14.333><P style="margin:0px; font-size:1pt">&nbsp;</P>
</TD><TD valign=top width=230.467><P style="margin:0px" align=center><B>15901</B></P>
</TD></TR>
<TR><TD valign=top width=475.2 colspan=3><P style="margin:0px" align=center>(Address of principal executive offices)</P>
</TD><TD valign=bottom width=14.333><P style="margin:0px; font-size:1pt">&nbsp;</P>
</TD><TD valign=top width=230.467><P style="margin:0px" align=center>(Zip Code)</P>
</TD></TR>
<TR><TD valign=top width=720 colspan=5><P style="margin:0px" align=center>&nbsp;</P>
</TD></TR>
<TR><TD valign=top width=720 colspan=5><P style="margin:0px" align=center><B>(814) 533-5300</B></P>
<P style="margin:0px" align=center>Registrant&#146;s telephone number, including area code</P>
</TD></TR>
<TR><TD valign=top width=720 colspan=5><P style="margin:0px" align=center>&nbsp;</P>
</TD></TR>
<TR><TD valign=top width=720 colspan=5><P style="margin:0px" align=center><B>N/A</B></P>
</TD></TR>
<TR><TD valign=top width=720 colspan=5><P style="margin:0px" align=center>(Former name or former address, if changed since last report.)</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px; font-family:Wingdings">o<FONT style="font-family:Times New Roman"> Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT></P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px; font-family:Wingdings">o<FONT style="font-family:Times New Roman"> Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT></P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px; font-family:Wingdings">o<FONT style="font-family:Times New Roman"> Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</FONT></P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px; font-family:Wingdings">o<FONT style="font-family:Times New Roman"> Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4 (c))</FONT></P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; padding-top:4px; border-top:1px solid #7F0000"><BR></P>
<P style="margin:0px"><BR></P>
<A NAME="id_3"></A><A NAME="id_4"></A><P style="margin-top:0px; margin-bottom:2.667px"><BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR></P>
<P style="margin-top:0px; margin-bottom:13.333px; padding-left:96px; text-indent:-96px; page-break-before:always"><B>Item 5.02 &nbsp;&nbsp;&nbsp;&nbsp;Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</B></P>
<P style="margin-top:0px; margin-bottom:16px; text-indent:48px">On March&nbsp;19, 2015, the Board of Directors of AmeriServ Financial,&nbsp;Inc. (&#147;AmeriServ&#148;) appointed Jeffrey&nbsp;A. Stopko, age&nbsp;52, as President and Chief Executive Officer of AmeriServ and Michael&nbsp;D. Lynch, age&nbsp;54, as Senior Vice President, Chief Financial and Investment Officer of AmeriServ. &nbsp;Also on March&nbsp;19, 2015, the Board of Directors of AmeriServ Financial Bank (the&nbsp;&#147;Bank&#148;), AmeriServ&#146;s wholly-owned banking subsidiary, appointed James&nbsp;T. Huerth, age&nbsp;53, as President and Chief Executive Officer of the Bank. &nbsp;A copy of the press release is attached hereto as Exhibit&nbsp;99.1 and is incorporated herein by reference.</P>
<P style="margin-top:0px; margin-bottom:13.333px; text-indent:48px">Each of Messrs.&nbsp;Stopko, Lynch and Huerth do not have an interest requiring disclosure under either Items&nbsp;401(d) and 404(a) of Regulation&nbsp;S-K, and information required under Items&nbsp;401(b) and (e) of Regulation&nbsp;S-K and related to any material plan, contract or arrangement with respect to Messrs.&nbsp;Stopko, Lynch and Huerth is incorporated by reference to the information under the captions &#147;Executive Officers&#148; and &#147;Executive Compensation&#148; in AmeriServ&#146;s definitive proxy statement, filed with the Securities and Exchange Commission on March&nbsp;19, 2015.</P>
<P style="line-height:14pt; margin-top:0px; margin-bottom:13.333px; font-size:12pt"><B>Item 9.01 &nbsp;&nbsp;&nbsp;&nbsp;Financial Statements and Exhibits.</B></P>
<P style="margin-top:0px; margin-bottom:-16px">(d)</P>
<P style="margin:0px; text-indent:48px">Exhibits:</P>
<P style="margin:0px">&nbsp;</P>
<P style="margin-top:0px; margin-bottom:-16px; padding-left:48px; text-indent:-48px">99.1</P>
<P style="margin:0px; padding-left:48px">Press release, dated March&nbsp;24, 2015, of AmeriServ Financial,&nbsp;Inc.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=center>&nbsp;<A NAME="id_7"></A><A NAME="id_8"></A></P>
<P style="margin:0px" align=center><U>SIGNATURES</U></P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px; text-indent:48px">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>
<P style="margin:0px">&nbsp;</P>
<TABLE style="font-size:10pt" cellspacing=0><TR style="font-size:0"><TD width=426.2></TD><TD width=34.467></TD><TD width=11.6></TD><TD width=197.133></TD><TD width=50.533></TD></TR>
<TR><TD valign=top width=426.2><P style="margin:0px; font-size:1pt">&nbsp;</P>
</TD><TD valign=top width=293.733 colspan=4><P style="margin:0px">AMERISERV FINANCIAL, INC.</P>
</TD></TR>
<TR><TD valign=top width=426.2><P style="margin:0px">&nbsp;</P>
</TD><TD valign=top width=34.467><P style="margin:0px">&nbsp;</P>
</TD><TD valign=top width=259.267 colspan=3><P style="margin:0px">&nbsp;</P>
</TD></TR>
<TR><TD valign=top width=426.2><P style="margin:0px; font-size:1pt">&nbsp;<FONT style="font-size:10pt">Dated:&nbsp; March&nbsp;24, 2015</FONT></P>
</TD><TD valign=top width=34.467><P style="margin:0px">By:</P>
</TD><TD style="border-bottom:1px solid #000000" valign=top width=208.733 colspan=2><P style="margin:0px">/s/ &nbsp;Jeffrey A. Stopko</P>
</TD><TD valign=top width=50.533><P style="margin:0px; font-size:1pt">&nbsp;</P>
</TD></TR>
<TR><TD valign=top width=426.2><P style="margin:0px; font-size:1pt">&nbsp;</P>
</TD><TD valign=top width=34.467><P style="margin:0px; font-size:1pt">&nbsp;</P>
</TD><TD valign=top width=11.6><P style="margin:0px; font-size:1pt">&nbsp;</P>
</TD><TD valign=top width=247.667 colspan=2><P style="margin:0px">Jeffrey A. Stopko</P>
</TD></TR>
<TR><TD valign=top width=426.2><P style="margin:0px; font-size:1pt">&nbsp;</P>
</TD><TD valign=top width=34.467><P style="margin:0px; font-size:1pt">&nbsp;</P>
</TD><TD valign=top width=11.6><P style="margin:0px; font-size:1pt">&nbsp;</P>
</TD><TD valign=top width=247.667 colspan=2><P style="margin:0px">President and<BR>
Chief Executive Officer</P>
</TD></TR>
<TR><TD width=426.2><P style="margin:0px; font-size:8pt">&nbsp;</P>
</TD><TD width=34.467><P style="margin:0px; font-size:8pt">&nbsp;</P>
</TD><TD width=11.6><P style="margin:0px; font-size:8pt">&nbsp;</P>
</TD><TD width=197.133><P style="margin:0px; font-size:8pt">&nbsp;</P>
</TD><TD width=50.533><P style="margin:0px; font-size:8pt">&nbsp;</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR></P>
<P style="margin:0px; page-break-before:always"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=center>&nbsp;<A NAME="id_9"></A><A NAME="id_10"></A></P>
<P style="margin:0px" align=center>EXHIBIT INDEX</P>
<P style="margin:0px">&nbsp;</P>
<TABLE style="font-size:10pt" cellspacing=0><TR style="font-size:0"><TD width=100.733></TD><TD width=14.4></TD><TD width=597.533></TD></TR>
<TR><TD style="border-bottom:1px solid #000000" valign=top width=100.733><P style="margin:0px" align=center>Exhibit Number</P>
</TD><TD valign=bottom width=14.4><P style="margin:0px; font-size:1pt">&nbsp;</P>
</TD><TD style="border-bottom:1px solid #000000" valign=top width=597.533><P style="margin:0px" align=center>Description</P>
</TD></TR>
<TR><TD valign=top width=100.733><P style="margin:0px">&nbsp;</P>
</TD><TD valign=bottom width=14.4><P style="margin:0px">&nbsp;</P>
</TD><TD valign=top width=597.533><P style="margin:0px">&nbsp;</P>
</TD></TR>
<TR><TD valign=top width=100.733><P style="margin:0px" align=center>99.1</P>
</TD><TD valign=bottom width=14.4><P>&nbsp;</P></TD><TD valign=top width=597.533><P style="margin:0px">Press release, dated March&nbsp;24, 2015, of AmeriServ Financial,&nbsp;Inc.</P>
</TD></TR>
<TR><TD valign=top width=100.733><P>&nbsp;</P></TD><TD valign=bottom width=14.4><P>&nbsp;</P></TD><TD valign=top width=597.533><P>&nbsp;</P></TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px" align=center><BR>
<BR></P>
</DIV></BODY>
<!-- EDGAR Validation Code: 60CE6ED6 -->
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>changeex15.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<!doctype html public "-//IETF//DTD HTML//EN">
<HTML>
<HEAD>
<TITLE>Contact:</TITLE>
<META NAME="author" CONTENT="sangeletti">
<META NAME="date" CONTENT="03/23/2015">
</HEAD>
<BODY style="line-height:12pt; font-family:Times New Roman; font-size:10pt; color:#000000">
<DIV style="width:576px"><P style="line-height:13pt; margin:0px; font-size:11pt">Exhibit 99.1</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="line-height:13pt; margin:0px; font-family:Calibri; font-size:11pt">Contact:<BR>
Susan Tomera Angeletti<BR>
Senior Vice President<BR>
Corporate Marketing &amp;<BR>
Alternative Delivery Services<BR>
814-533-5117</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="line-height:13pt; margin:0px; font-family:Calibri; font-size:11pt">FOR IMMEDIATE RELEASE</P>
<P style="margin:0px"><BR></P>
<P style="line-height:13pt; margin:0px; font-family:Calibri; font-size:11pt" align=center><B>AmeriServ Financial Inc. Appoints Senior Leadership Team</B></P>
<P style="margin:0px"><BR></P>
<P style="line-height:18.5pt; margin:0px; font-family:Calibri; font-size:11pt">Johnstown, PA (NASDAQ: ARSV) &nbsp;&#150; The Board of Directors of AmeriServ Financial Inc. today announced that its interim senior management team has been appointed to permanent leadership positions.</P>
<P style="margin:0px"><BR></P>
<P style="line-height:18.5pt; margin:0px; font-family:Calibri; font-size:11pt">&quot;AmeriServ is in the enviable position of being able to leverage the depth and experience of our leadership team to advance our commitment to our shareholders, customers and employees,&quot; Craig Ford, AmeriServ chairman, said. &nbsp;&#147;In January, we appointed an interim management team as the result of our former president and chief executive officer resigning. &nbsp;Our interim team has demonstrated that we are well positioned to continue working toward our goal of increasing shareholder value. &nbsp;Each of these individuals has a proven track record within their areas of expertise and is committed to championing our improved financial performance at AmeriServ.&quot;</P>
<P style="margin:0px"><BR></P>
<P style="line-height:13pt; margin-top:0px; margin-bottom:-17.333px; padding-left:48px; text-indent:-24px; font-family:Symbol; font-size:11pt"><B>&#183;</B></P>
<P style="line-height:13pt; margin:0px; padding-left:48px; font-family:Calibri; font-size:11pt"><B>Jeffrey A. Stopko</B> is promoted to president and chief executive officer of AmeriServ Financial, Inc. &nbsp;He will be responsible for advancing the organization's performance and that of its subsidiaries. Having joined the company in 1987, Mr. Stopko was previously executive vice president and chief financial officer, a positon he had held since 1997. &nbsp;</P>
<P style="margin:0px"><BR></P>
<P style="line-height:13pt; margin-top:0px; margin-bottom:-17.333px; padding-left:48px; text-indent:-24px; font-family:Symbol; font-size:11pt"><B>&#183;</B></P>
<P style="line-height:13pt; margin:0px; padding-left:48px; font-family:Calibri; font-size:11pt"><B>James T. Huerth </B>has been promoted to president and chief executive officer of AmeriServ Bank. &nbsp;Having joined AmeriServ in 2010, he was most recently chief banking officer; overseeing the bank's retail and commercial banking divisions. &nbsp;</P>
<P style="margin:0px"><BR></P>
<P style="line-height:13pt; margin-top:0px; margin-bottom:-17.333px; padding-left:48px; text-indent:-24px; font-family:Symbol; font-size:11pt"><B>&#183;</B></P>
<P style="line-height:13pt; margin:0px; padding-left:48px; font-family:Calibri; font-size:11pt"><B>Michael R. Baylor</B> has been promoted to executive vice president and chief commercial banking officer. &nbsp;Mr. Baylor joined AmeriServ in 2012 as senior vice president - commercial banking.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="line-height:13pt; margin:0px; padding-left:48px; font-family:Calibri; font-size:11pt" align=right><B>AmeriServ Financial Inc. <BR>
Announces Leadership Changes<BR>
Page 2 of 2</B></P>
<P style="margin:0px" align=right><BR></P>
<P style="margin:0px" align=right><BR></P>
<P style="margin:0px"><BR></P>
<P style="line-height:13pt; margin-top:0px; margin-bottom:-17.333px; padding-left:48px; text-indent:-24px; font-family:Symbol; font-size:11pt"><B>&#183;</B></P>
<P style="line-height:13pt; margin:0px; padding-left:48px; font-family:Calibri; font-size:11pt"><B>Carolyn Concannon</B> has been promoted to executive vice president - chief risk officer. &nbsp;Ms. Concannon joined the company in 1984 and most recently served as senior vice president &#150; chief credit officer.</P>
<P style="margin:0px"><BR></P>
<P style="line-height:13pt; margin-top:0px; margin-bottom:-17.333px; padding-left:48px; text-indent:-24px; font-family:Symbol; font-size:11pt"><B>&#183;</B></P>
<P style="line-height:13pt; margin:0px; padding-left:48px; font-family:Calibri; font-size:11pt"><B>Michael Lynch</B> has been promoted to senior vice president, chief financial and investment officer. &nbsp;Mr. Lynch joined the company in 1983 and was previously senior vice president, chief investment and risk officer.</P>
<P style="margin:0px"><BR></P>
<P style="line-height:13pt; margin-top:0px; margin-bottom:-17.333px; padding-left:48px; text-indent:-24px; font-family:Symbol; font-size:11pt"><B>&#183;</B></P>
<P style="line-height:13pt; margin:0px; padding-left:48px; font-family:Calibri; font-size:11pt"><B>Gregor T. Young </B>remains president and chief executive officer of AmeriServ Trust and Financial Services, a wholly-owned subsidiary of AmeriServ Financial, Inc.</P>
<P style="margin:0px"><BR></P>
<P style="line-height:13pt; margin-top:0px; margin-bottom:-17.333px; padding-left:48px; text-indent:-24px; font-family:Symbol; font-size:11pt"><B>&#183;</B></P>
<P style="line-height:13pt; margin:0px; padding-left:48px; font-family:Calibri; font-size:11pt"><B>Steve Krawick</B> remains president of West Chester Capital Advisors, a registered investment advisory subsidiary.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="line-height:18.5pt; margin:0px; font-family:Calibri; font-size:11pt">&quot;These changes are strong examples of our ongoing commitment to positioning the company as a preferred financial services provider. &nbsp;We believe we have the right combination of leadership, staff, products and services in place to continue moving toward new financial horizons while staying true to our deeply rooted community values. &nbsp;On behalf of the AmeriServ Board, I want to say that we look forward to working with our new team and identifying opportunities for additional growth. &nbsp;With these leadership moves, AmeriServ is well positioned for the future,&quot; Mr. Ford concluded. &nbsp;</P>
<P style="margin:0px"><BR></P>
<P style="line-height:18.5pt; margin-top:0px; margin-bottom:12.2px; font-family:Calibri; font-size:11pt">AmeriServ Financial Bank is a community bank, headquartered in Johnstown, PA and is publicly traded on NASDAQ under the symbol ASRV. The company has total assets of $1.1 billion and currently operates 17 community banking offices encompassing five counties in western Pennsylvania as well as four Loan Production Offices (LPOs) in selected locations. </P>
<P style="margin-top:0px; margin-bottom:12.2px"><BR></P>
<P style="line-height:13pt; margin:0px; font-family:Calibri; font-size:11pt">&nbsp;&nbsp;</P>
<P style="margin:0px"><BR>
<BR></P>
</DIV></BODY>
<!-- EDGAR Validation Code: 16BB2F35 -->
</HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
