Longtime AmeriServ (NASDAQ: ASRV) CFO Michael Lynch to retire in 2026

Rhea-AI Filing Summary

AmeriServ Financial, Inc. announced that longtime Executive Vice President and Chief Financial Officer Michael D. Lynch plans to retire after more than 40 years with the company. His retirement will be effective May 18, 2026, and the company has begun searching for his successor.

Insights

Banking governance analyst

AmeriServ’s longtime CFO plans a scheduled retirement in 2026.

AmeriServ Financial, Inc. disclosed that Executive Vice President and Chief Financial Officer Michael D. Lynch will retire effective May 18, 2026 after more than 40 years at the company. This is framed as a planned retirement, not an abrupt departure.

The company states it is conducting a search for his replacement, signaling an orderly transition process. For financial institutions, continuity in the finance function is important, and long lead time reduces disruption risk.

Subsequent disclosures may provide details on the new CFO’s background and any changes in financial strategy once a successor is selected and in place.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

Current Report

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) March 4, 2026

AMERISERV FINANCIAL, Inc.

(exact name of registrant as specified in its charter)

Pennsylvania		0-11204		25-1424278
(State or other jurisdiction		(Commission		(IRS Employer
of incorporation)		File Number)		Identification No.)

Main and Franklin Streets, Johnstown, PA	15901
(address of principal executive offices)	(Zip Code)

Registrant's telephone number, including area code: 814-533-5300

N/A

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title Of Each Class		Trading Symbol		Name of Each Exchange On Which Registered
Common Stock		ASRV		The NASDAQ Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

After a long and successful career of over 40 years at AmeriServ Financial, Inc. (the “Company”), Michael D. Lynch, Executive Vice President and Chief Financial Officer of the Company, announced that he will retire as of May 18, 2026. The Company is conducting a search for his replacement.

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	AMERISERV FINANCIAL, Inc.
Date: March 4, 2026	By	/s/ Jeffrey A. Stopko
		Jeffrey A. Stopko
		President & Chief Executive Officer

FAQ

What did AmeriServ Financial (ASRV) announce in this Form 8-K?

AmeriServ Financial announced that Executive Vice President and Chief Financial Officer Michael D. Lynch will retire. The company stated his retirement will be effective May 18, 2026, after more than 40 years of service, and that it has begun searching for his replacement.

When will AmeriServ Financial (ASRV) CFO Michael D. Lynch retire?

Michael D. Lynch plans to retire as Executive Vice President and Chief Financial Officer effective May 18, 2026. AmeriServ Financial disclosed this planned retirement in a current report and indicated it is already conducting a search for his successor to support a smooth transition.

How long has AmeriServ Financial (ASRV) CFO Michael D. Lynch served the company?

Michael D. Lynch has had a career of over 40 years at AmeriServ Financial. The company highlighted this long tenure when announcing his planned retirement as Executive Vice President and Chief Financial Officer, effective May 18, 2026, in its current report filing.

Is AmeriServ Financial (ASRV) searching for a new CFO?

Yes. AmeriServ Financial stated it is conducting a search for a replacement for Executive Vice President and Chief Financial Officer Michael D. Lynch. This follows the announcement that he will retire effective May 18, 2026, after more than four decades with the company.

Who signed the AmeriServ Financial (ASRV) 8-K announcing the CFO retirement?

The current report was signed on behalf of AmeriServ Financial by Jeffrey A. Stopko. He is identified in the filing as the company’s President and Chief Executive Officer, formally submitting the disclosure regarding CFO Michael D. Lynch’s planned retirement in May 2026.

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