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AmeriServ Financial Bank, Federated Hermes announce strategic alliance

AmeriServ Financial Bank, the banking subsidiary of AmeriServ Financial (ASRV), and Federated Hermes (FHI) announced a new strategic alliance designed to broaden investment opportunities for AmeriServ’s individual and institutional wealth management customers across the region. Through this alliance, AmeriServ Bank’s Wealth and Capital Management division along with its registered investment advisory subsidiary, AmeriServ Wealth Advisors, will now offer its clients access to the full complement of Federated Hermes’ investment research, resources, Portfolio Construction Solutions, and wealth management products. This alliance underscores both organizations’ commitment to delivering comprehensive financial services tailored to the evolving needs of both individual and institutional clients in Western Pennsylvania.

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