AmeriServ CEO denies Driver's 'illegal misconduct' claims; highlights Q4 loan growth 3.6%

AMERISERV FINANCIAL INC /PA/

Federal judge dismissed Driver's lawsuit related to director nominations; Company's Bylaws upheld.
Q4 2023 total loans up 3.6%; fourth consecutive quarter of wealth management revenue growth.
Deposit growth achieved in 2023 despite difficult banking environment.
Driver previously 'greenmailed' First United Corp. for $6.5M share buyback and $3.3M settlement.
Company limited in commenting due to ongoing litigation with former employee Jack Babich.

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