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Ameriana Bank Features Wayne Goodman Presentation, "Restoration of Downtown New Castle" and David Nantz Loft Restoration Tour Thursday - November 6 - 6:30 p.m.

NEW CASTLE, Ind. (Nov. 3, 2008) - Ameriana is pleased to continue to take an active role in the Downtown New Castle revitalization efforts by offering the public the opportunity to participate in a free seminar presented by Wayne Goodman entitled "Restoration of Downtown New Castle" on Thursday, Nov. 6 at 6:30 p.m. in the Downtown Ameriana banking center located at 1311 Broad Street.

Goodman will discuss the importance of Downtown restoration and the financing options that are offered to building owners including grants that are available for renovation.

At the conclusion of the Goodman presentation, David Nantz, president of the Historic Preservation Committee, will give those in attendance the opportunity to tour his 1907 historically restored loft that was featured on HGTV ReZONED.

"Ameriana is proud to provide the people of New Castle with this forum which includes the Goodman Presentation and the tour of the Nantz loft restoration project," said Linda Maher, New Castle banking center manager. "The Bank will continue to seek alternative ways to assist the with revitalization of our Downtown Historic District such as the Bank's recently announced $5 million special loan-financing program for historic restoration, renovation or new construction."

"Getting people involved with Downtown restoration is important for the quality of life in our community and will help create jobs, protect property values and increase the community's options for goods and services. This event is only one of many that Ameriana will continue to host as we reach out to the communities that we serve to show that we want to do more than just provide their banking needs," said Maher.

Ameriana Bank, SB, offers an extensive line of banking services and provides a range of investments and securities products through banking centers in the central Indiana area. Ameriana owns Ameriana Insurance Agency, a full-service insurance agency and has interests in Family Financial Holdings, Inc. and Indiana Title Insurance Company. Ameriana Financial Services offers securities and insurance products through LPL Financial. Ameriana Bank is a wholly owned subsidiary of Ameriana Bancorp (NASDAQ:ASBI), a bank holding company.

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