Ameriana's traditional emphasis on a strong financial position underscores its commitment to superior service for customers and fiscal responsibility for depositors.  In the 1980's Ameriana management realized that the forces of deregulation and global competition would demand even greater capital strength in the future.  In 1986, Ameriana began the process of converting to a shareholder-owned institution, which culminated with the issuance of 1,897,500 common shares to the public in February 1987.

Along with physical growth, Ameriana has expanded its services as well.  No longer just a place to finance a home, the Bank now offers a full range of family and business services to meet modern demands.  Savings programs which provide secure income, build wealth for retirement living, fund college education and other important things in life, are the cornerstone of Ameriana's business.  Accounts which streamline cash management and provide money market returns enhance convenience and flexibility.  To commercial customers, Ameriana is an able partner offering a variety of lending alternatives that support and augment growth strategies.

Ameriana Bancorp is a bank holding company.  Through its wholly owned subsidiary, Ameriana Bank, the Company offers an extensive line of banking services and provides a range of investments and securities products through branches in central Indiana.  Ameriana Bank also has an interest in a life insurance company.  In addition to these financial services, Ameriana Bancorp owns Ameriana Insurance Agency, a full-service insurance agency.