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AmeriServ Bank
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Summary
location iconJohnstown, Pennsylvania
website
company sizeCompany size: 201-500
total assetsTotal Assets: Up to $2B

Ameriserv Bank is a state chartered bank based in Johnstown, Pennsylvania founded in 1933 and wholly-owned subsidiary of Ameriserv Financial, Inc., a publicly traded bank holding company. Ameriserv Bank provides personal and business banking services including personal loans, mortgages, auto loans, construction loans, commercial loans and lines of credit, merchant services, credit cards, and other banking services. In addition, Ameriserv Bank provides trust and wealth management services, retirement planning, estate planning and other wealth management services as well investment advisory services through West Chester Capital, a wholly-owned subsidiary of American Financial, Inc.

Categories
Commercial Banks
Investment Management
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AmeriServ Bank - Recent News & Articles

Senate votes to scrap CFPB oversight of Big Tech payment apps

The US Senate has voted to overturn a Consumer Financial Protection Bureau rule that would give the watchdog oversight of tech giants, such as Apple, Google and X, that offer digital payment apps and ...

Source: Finextra

Robinhood to pay $30M to settle US regulator probes

Online trading platform Robinhood has agreed to pay $29.75 million to settle several probes from the Financial Industry Regulatory Authority (FINRA) related to the company’s supervision and compliance...

Source: Cointelegraph

Calastone Research Reveals Tokenisation Could Save $135 billion for Asset Management Industry

Calastone, the largest global funds network, has today released groundbreaking research, revealing that tokenisation – the process of transforming asset ownership into digital tokens on a blockchain –...

Source: Fintech Finance News

Howard Marks expects a lower return from the S&P 500 over the next decade. Here’s what he likes better.

Investors looking for more solid longer-term returns should be looking at credit — and not banking on the S&P 500 to get them there, according to billionaire investor Howard Marks. “From the S&P, you...

Source: MarketWatch

PSR Finds ‘Lack of Competition’ in Card Market, as High Visa and Mastercard Fees Cost Firms Millions

The Payment System Regulator (PSR) has revealed that increases to payment processing fees implemented by Visa and Mastercard since 2017 cost UK businesses an extra £170million a year.It says that thes...

Source: The Fintech Times

Finance CFPB drops lawsuit against JPMorgan Chase, Bank of America and Wells Fargo over Zelle fraud

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Source: CNBC

State Street launches Apollo private credit ETF

State Street Global Advisors' much-anticipated private credit exchange-traded fund, developed with alternative investment firm Apollo Global Management, began trading on the New York Stock Exchange on...

Source: Reuters

Sen. Elizabeth Warren: DOGE’s FDIC firings put banking system at risk

In a statement Thursday, Sen. Elizabeth Warren, D-Mass., said she was “pleased” the Federal Deposit Insurance Corp. would review the decision to lay off more workers. The recent FDIC firings were part...

Source: CNBC

European Central Bank Outlines Two-Track Approach to Enhance DLT Transaction Settlements

The European Central Bank (ECB) is developing a new platform to settle transactions using distributed ledger technology (DLT) in central bank money, aiming to integrate and harmonise the European fina...

Source: The Fintech Times

Blackstone puts First Eagle up for sale for $4bn

Blackstone Group has put First Eagle Investment Management up for sale for more than $4bn in an attempt to offload a large stake that the US private equity group has owned for a decade. Blackstone and...

Source: Financial Times