AmeriServ Financial Bank Merges AmeriServ Trust into AmeriServ Wealth & Capital Management
October 1, 2024
AmeriServ Financial, Inc. completed the merger of its subsidiary AmeriServ Trust and Financial Services Company into its subsidiary bank, AmeriServ Financial Bank, effective October 1, 2024. The former trust company will operate as a division called AmeriServ Wealth & Capital Management, with all staff retained and David Finui named president of the new wealth division to drive operational efficiencies and broaden client access to bank services.
- Buyers
- AmeriServ Financial Bank, AmeriServ Financial, Inc.
- Targets
- AmeriServ Trust and Financial Services Company
- Industry
- Financial Services
- Location
- Pennsylvania, United States
- Transaction Type
- Divestiture
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