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Ameriana Bancorp Shareholders Re-Elect Two Directors

^{Published on 2010-05-20 12:40:15 - Market Wire}
 

NEW CASTLE, Ind.--([ BUSINESS WIRE ])--In formal business before shareholders at the Company's 2010 annual meeting today, Michael E. Kent, Chairman of the Board of Ameriana Bancorp, (NASDAQ: ASBI), reviewed the voting results with those in attendance and noted that shareholders re-elected two directors to new terms that expire with the 2013 annual meeting of shareholders. Elected to new three-year terms were Donald C. Danielson, Vice Chairman of City Securities Corporation of Indianapolis, and Jerome J. Gassen, President and Chief Executive Officer of Ameriana.

The Company's Directors continuing in office to future years include: Michael E. Bosway, President and Chief Executive Officer of City Securities Corporation; Charles M. (Kim) Drackett, Jr., Chairman, President and General Manager of Fairholme Farms, Inc.; R. Scott Hayes, a partner in Hayes Copenhaver Crider, LLP, New Castle, Indiana, the law firm that serves as General Counsel to the Company; Richard E. Hennessey, Executive Vice President Real Estate Development of Shiel Sexton Company, Inc.; Michael E. Kent, Chairman of the Boards of the Company and the Bank and a private investor; and Ronald R. Pritzke, Vice Chairman of the Boards of Ameriana Bancorp and Ameriana Bank and a partner in the law firm of Pritzke & Davis, LLP.

Shareholders also ratified the appointment of BKD, LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2010.

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 banking centers in the central Indiana area. Ameriana owns Ameriana Insurance Agency, a full-service insurance agency, and Ameriana Financial Services, which offers securities and insurance products through LPL Financial (Member FINRA/SIPC).