The board of directors of AmeriServ Financial, Inc. appointed Jeffrey A. Stopko as a Class I director of the company's board of directors, with a term expiring at the 2017 annual meeting of shareholders. Board and committee assignments have not yet been determined for Mr. Stopko. In connection with Mr. Stopko's previously disclosed appointment on March 19, 2015 (the effective date) as president and chief executive officer of the company, on April 27, 2015, Mr. Stopko entered into an employment agreement with AmeriServ, which will be for a period of two years from the effective date and shall automatically renew for one year thereafter unless one party provides the other party a written non-renewal notice at least ninety days in advance of the end of such period.