MUNSTER – In an effort to do its part as a community bank, American Savings FSB is taking part in the U.S. Treasury’s Small Business Lending Fund.

The fund is a dedicated investment fund that encourages lending to small businesses by providing capital to qualified community banks.

“This program is a win-win for the community and the bank,” said President Michael Mellon. “It helps strengthen the local business community while simultaneously strengthening the bank’s commercial portfolio.”

Only 10 community banks in Indiana are participating and American Savings is proud to be one of them, said Mellon. “We are proud to do our part as a community bank by participating in this initiative. We often talk about the advantages a community bank offers in comparison to larger institutions, and this is the perfect opportunity for us to put our money where our mouth is.”