Old National Bancorp 7.00% Non-Cumulative Perpetual Preferred Stock, Series A (ONBPO)

Overview

Old National Bancorp serves as the parent company for Old National Bank, a distinguished provider of financial services to individual and commercial clients across the United States. Established in 1834, the company has its headquarters in Evansville, Indiana. Through its banking subsidiary, it engages extensively in catering to the varied needs of its customers, offering a broad spectrum of products and services that encompass deposit accounts, loan offerings, and a plethora of banking services, integrating the latest in technology with traditional banking solutions. Its commitment to serving the community includes not just traditional banking offerings, but extends to wealth management, investment services, and community development initiatives, highlighting its role as a comprehensive financial services provider.

Products and Services

• Deposit Accounts - The bank accommodates a variety of deposit accounts including noninterest-bearing demand accounts, interest-bearing checking accounts, negotiable order of withdrawal accounts, savings and money market accounts, and time deposits. These accounts are designed to meet the diverse preferences and requirements of both individual and commercial clients, providing a secure and flexible way to manage funds.
• Loan Offerings - Old National Bancorp provides a wide range of loan products tailored to different financial needs. This includes home equity lines of credit, residential real estate loans, consumer loans, commercial loans, commercial real estate loans, agricultural loans, letters of credit, and lease financing. The comprehensive loan services cater to personal, commercial, and agricultural financing requirements, aiming to support growth and financial stability for its clients.
• Electronic and Mobile Banking Services - In addition to debit and ATM cards, the company offers advanced telephone access, online banking, and other electronic as well as mobile banking services. These technological platforms facilitate easy, secure, and convenient account management, transaction processing, and real-time financial oversight, enabling customers to access banking services anytime, anywhere.
• Comprehensive Banking Services - Old National Bancorp extends beyond traditional banking with an array of services including cash management, private banking, brokerage, trust, investment advisory and traditional banking services; wealth management, investment, and foreign currency services; and treasury management, merchant, and capital markets services. These services are aimed at enhancing the financial well-being and growth potential of clients through personalized advisory and sophisticated financial management solutions.
• Community Development and Equity Investment Solutions - Demonstrating its commitment to societal and community development, the company offers lending and equity investment solutions targeted at fostering community development. This reflects Old National Bancorp's dedication to contributing positively to the communities it serves, further cementing its role as a socially responsible financial institution.