Wells Named to Ameriana Bancorp Board


Michael Wells, ’79, has been named to the board of directors of Ameriana Bancorp. A magna cum laude graduate of IU McKinney, Wells is president of REI Investments Inc., and the manager of REI Real Estate Services LLC. He also is a member of the law school’s Board of Visitors.

Wells previously served on the board of First Indiana Bank until it was purchased by Marshall & Ilsley Corporation. He was on the M&I Advisory Board until Bank of Montreal (BMO) bought M&I.

Prior to joining REI, Wells practiced law in Indianapolis, where he specialized in real estate and tax-exempt financing. He has been involved in many significant real estate projects in Indianapolis, including the JW Marriott, Marriott Place, Circle Centre Mall, and the WellPoint, and Emmis headquarters. Along with his development work, Wells manages the portfolio of real estate investments owned by REI Real Estate Partnership.

In addition to his business interests, Wells is active in the community. He’s president of the Indianapolis Airport Authority, and immediate past chairman of the Indianapolis Zoo, the Indianapolis Chamber of Commerce, and the Crossroads Council of the Boy Scouts of America. He also serves on the executive committee of the YMCA of Greater Indianapolis and the Building Owners and Managers Association, and is a member of the Benjamin Harrison Presidential Site board of directors and the American Pianists Association.

Ameriana Bancorp is a bank holding company. Through its wholly owned subsidiary, Ameriana Bank, the company offers banking services and provides investments and securities products through banking centers in central Indiana.

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