This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

AmeriServ Union Employees Agree To New Four Year Contract

JOHNSTOWN, Pa., Oct. 17, 2013 /PRNewswire/ -- AmeriServ Financial Bank, the banking subsidiary of AmeriServ Financial, Inc. (NASDAQ NMS: 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 Monday, October 14 in Johnstown. The new contract covers the workforce through October 2017.

The ratified contract is positive news for AmeriServ and the community, according to AmeriServ President and CEO Glenn Wilson.

"We have one focus here and that is to be the best bank in our marketplace," said Wilson. "This week's vote is great news for everyone here at AmeriServ. It's clear we are united in moving AmeriServ forward as a community bank that can make a difference in our region."

USW Local 2635-06 Unit President Tammy Verba agrees on the importance of the new contract to AmeriServ.

"The approved agreement indicates to me that our membership believes in AmeriServ's potential to grow as the region's leading community bank, and we are able to provide customers with quality service," Verba said.

There are 188 AmeriServ employees, or approximately half of the bank's workforce that is represented by the United Steelworkers of America.

SOURCE AmeriServ Financial, Inc.
Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 17,745.98 -5.41 -0.03%
S&P 500 2,108.63 +0.06 0.00%
NASDAQ 5,128.7850 +17.0520 0.33%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs