AmeriServ Financial operates as a bank holding company for the AmeriServ Financial Bank that provides various consumer, mortgage, and commercial financial products. It offers retail banking services and provides lending, depository, and related financial services to commercial, industrial, financial, and governmental customers. In addition, the Company offers personal trust products and services, financial services consisting of the sale of mutual funds, annuities, and insurance products, and union collective investment funds. Further, it engages in underwriting as reinsurer of credit life and disability insurance.