AmeriServ Bank Partners with Ameriprise Financial
PR Newswire•22/10/2026•08:00 ET
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Key Highlights
- ➤AmeriServ transitions investment services program to Ameriprise Financial Institutions Group
- ➤Advisors manage approximately $525 million for clients across Pennsylvania and Western Maryland
- ➤AmeriServ Wealth and Capital Management reports $2.8 billion customer assets under management and administration
- ➤AmeriServ targets wealth management growth through 2026 partnerships, including Ameriprise, SB Value Partners and Federated Hermes
Expert Statements
J. Michael Adams, Jr., Chairman of the Board of Directors, AmeriServ
“We at AmeriServ are pleased and proud to join the Ameriprise (AMP) family of community bank partners. Moreover, we are tremendously excited about the key partnerships we have developed in 2026 with not only Ameriprise, but also SB Value Partners, LP and Federated Hermes. Together, we believe this trifecta can offer Pennsylvanians a unique, best-in-class wealth management value proposition. Our strategic plans are designed to grow the AmeriServ Wealth Management complex, which should increase ASRV intrinsic value for all shareholders, employees and partners alike. We are executing this plan with laser-like focus and speed as we close out '26 and look forward to an exciting '27.”
AmeriServ Bank Partners with Ameriprise Financial PR Newswire
JOHNSTOWN, Pa., Oct. 22, 2026 /PRNewswire/ -- AmeriServ Bank has transitioned its investment services program to the Ameriprise Financial Institution Group (AFIG). The bank is headquartered in Johnstown, Pennsylvania. AmeriServ's financial advisors help clients manage approximately $525 million in assets across the state of Pennsylvania and Western Maryland. Through Ameriprise Financial, AmeriServ Bank clients will have access to a full range of leading services and solutions including:
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