AmeriServ Exits InvestmentAdvisory

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JOHNSTOWN, Pa. - (03/06/06) - AmeriServ Financial Inc. announcedFriday it is closing its investment advisory subsidiary, AmeriServAssociates Inc., which provides investment advise through areacredit unions and community banks. The company said the investmentadvisory service no longer fits its strategic direction. AmeriServAssociates will cease normal operations on March 31.

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