Ameriserv Financial (ASRV) Declares $0.025 Quarterly Dividend; 2.6% Yield

Go back to Ameriserv Financial (ASRV) Declares $0.025 Quarterly Dividend; 2.6% Yield

Ameriserv Financial (ASRV) Announces New Labor Contract

October 25, 2021 4:05 PM EDT

AmeriServ Financial Bank, the banking subsidiary of AmeriServ Financial Inc. (NASDAQ: ASRV) and United Steelworkers (USW) Local 2635-06 have agreed to a new four-year contract. Unionized employees voted to accept the contract at a meeting held on Sunday, October 24, 2021 in Johnstown. The new contract covers the workforce through October 15, 2025.

The ratified contract is positive news for AmeriServ and the community, according to AmeriServ President & CEO Jeffrey Stopko. "This new agreement allows us to... More