Ameriana Bancorp announced it has agreed to sell Ameriana Insurance Agency (AIA) to Pfenninger, Claxton and Estelle Insurance Group of New Castle, Ind.
The transaction value is $1,950,000 and is expected to close in the fourth quarter of 2015, subject to the satisfaction of various closing conditions.
Ameriana Bancorp is a bank holding company. In addition to Ameriana Insurance Agency, subsidiaries include Ameriana Bank and Ameriana Financial Services, which offers securities and insurance products through LPL Financial.
Source: Ameriana Bancorp
Was this article valuable?
Here are more articles you may enjoy.
OpenAI Sued Over Claim That ChatGPT Drafted Lethal NC Poisoning Plan 
Archdiocese of NY Finalizes $800M Fund for Sex Abuse Survivors; Avoids Bankruptcy 
Learjet May Have Broken Up Before Fatal Florida Crash, NTSB Says 
AI-Powered Insurance Startup Kalepa Valued at $470M in New Funding Round 
