Thursday, August 28, 2008 

Ameriana Bank - Adjustable Rate Mortgage Loan
Adjustable-rate mortgages (ARMs) generally offer a lower initial rate of interest, so your monthly payment would be less.

Features:

  • "Caps" to protect you from changes in your interest rate
  • Programs for less than perfect credit
  • Competitive rates
  • Convertible plan offered with option to change to a fixed-rate at a later date
  • Convenient monthly payment terms are available
  • Automatic payment from your checking or savings account available

An Ameriana Mortgage Banking Representative can give you more details about the rates and terms currently offered.

During these uncertain times, Ameriana Bank is here for our customers, associates and the communities we serve.
If you have any questions about the news you are hearing about the banking industry, FDIC insurance coverage
or how they relate to Ameriana, please call Customer Care at 765.529.2230 (800.487.2118) or send an email to
CustomerCare@ameriana.com.  We welcome your questions and comments.

Copyright 1999-2008, Ameriana Bancorp.  All Rights Reserved.  Read our Online Privacy Statement.
Member FDIC - Equal Housing Lender.