Tuesday, May 13, 2008 
Ameriana Bank - EquiChex Home Equity Loan

This account allows you the ultimate in financial freedom.  You may use the equity in your home to secure a line of credit to consolidate bills, pay for educational expenses, finance a new vehicle, improve your home, or just to provide peace of mind knowing you have funds available in case of emergency.

Features:

  • No Fees - no annual fee, no application fee, no appraisal fee, no closing costs
  • Convenient, easy access to funds
  • Borrow as much, or as little, as you need (up to your credit limit)
  • Interest may be tax deductible*
  • Competitive rates (Monthly variable rate equals prime rate plus 0%)
  • Interest rate "caps" to protect you from changes in the prime rate**
  • Receive monthly statements for easy record keeping
  • 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.

*Contact your tax advisor regarding the deductibility of interest.
**There is a maximum rate of 14.0%

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Member FDIC - Equal Housing Lender.