Old National Bank

1 Main Street
Evansville, IN 47708

Notable Rates APY Vs.Others
Savings 0.01% 2.30% →
1-Year CD 0.85% 2.25% →
2-Year CD 0.95% 2.50% →
5-Year CD 1.10% 2.80% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Bank Information

Old National Bank is an FDIC insured institution located in Evansville, IN. It was founded in 1907 and has approximately $20.04 billion in assets. Customers can open an account at one of its 247 branches.

FDIC Insured Yes
FDIC Certificate # 3832
Date Established 1907
Assets $20.04 billion
Loans $12.03 billion
Deposits $14.41 billion
Capital $2.91 billion
 

For a more detailed analysis of Old National Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - December 8, 2019

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Money Market
0.04% $1 $9,999 Learn MoreShow Less
Money Market
0.05% $10,000 $19,999 Learn MoreShow Less
Money Market
0.10% $20,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.20% $10,000 - Learn MoreShow Less
6 Mo CD
0.35% $10,000 - Learn MoreShow Less
12 Mo CD
0.85% $10,000 - Learn MoreShow Less
18 Mo CD
0.90% $10,000 - Learn MoreShow Less
24 Mo CD
0.95% $10,000 - Learn MoreShow Less
30 Mo CD
1.00% $10,000 - Learn MoreShow Less
36 Mo CD
1.00% $10,000 - Learn MoreShow Less
48 Mo CD
1.05% $10,000 - Learn MoreShow Less
60 Mo CD
1.10% $10,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
0.75% $500 $9,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.25% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.01% $1 $2,499 Learn MoreShow Less
Int Ckg
0.01% $2,500 $9,999 Learn MoreShow Less
Checking Rates APY MIN FEE
ONB Everyday Checking 0.00% $750 $6.95 Learn MoreShow Less
ONB Preferred Checking 0.00% $5,000 $15.00 Learn MoreShow Less

Loan Rates - December 8, 2019

Your Current Location: Connecticut, CT 06828

Home Equity Rates APR Rate Monthly Payment
Auto Loan Rates APR Rate Monthly Payment
5 Year 4.93% 4.65% $467.78

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Old National Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


Old National Bank Locations


Financial Details

Old National Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Old National Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Old National Bank U.S. Bank Average
4.38% 6.77%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2019, Old National Bank had $128,555,000 in non-current loans and $1,578,000 in owned real estate. To cover these potential losses it had $2,913,716,000 in equity and $56,292,000 in loans loss reserves. That gives it a Texas Ratio of 4.38%.

Return on Equity
Old National Bank U.S. Bank Average
8.88% 9.50%

Old National Bank has a Return on Equity of 8.88% versus the BestCashCow average of 9.50%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Old National Bank U.S. Bank Average
14.54% 12.76%

Old National Bank has a Capitalization of 14.54% versus the BestCashCow average of 12.76. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Old National Bank Balance Sheet Analysis

As of June 30, 2019, Old National Bank had assets of $20,038,736,000, loans of $12,028,218,000, and deposits of $14,411,560,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2019
ASSETS
Cash & Balances due from depository institutions $0.30 billion
Interest-bearing balances $0.06 billion
Total securities $5.14 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $12.03 billion
Loan loss allowance $0.06 billion
Trading account assets $0.04 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $1.13 billion
All other assets $0.80 billion
     Total Assets $17.13 billion
LIABILITIES
Total deposits $14.41 billion
      Interest-bearing deposits $13.60 billion
      Deposits held in domestic offices $14.41 billion
      % insured (estimated) 65.23%
Federal funds purchased and repurchase agreements $0.74 billion
Trading liabilities $0.00 billion
Other borrowed funds $1.82 billion
Subordinated debt $0.01 billion
All other liabilities $0.14 billion
      Total Liabilities $17.13 billion
      Shareholders’ Equity $2.91 billion

Summary Income Statement

June 30, 2019
INCOME AND EXPENSES
Total Interest Income $0.37 billion
Total Interest Expense $0.06 billion
Net interest income $0.31 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.10 billion
Total non interest expense $0.25 billion
Pre-tax Net Operating Income $0.15 billion

Bank Loan Profile?

The top three loan types in Old National Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks in Indiana, Old National Bank has a significantly higher percent of Multifamily Mortgages, Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 26.34
Multifamily
Mortgages
6.89
Credit Card Loans 0.00
Consumer Auto Loans 7.92
Small Business Loans 6.22
Construction and Development Loans 7.65
Commercial Real Estate 24.03
Commercial and Industrial Loans 19.86
Farm Loans 0.92

Frequently Asked Questions About Old National Bank

Branches and Savings

Is Old National Bank FDIC insured?

Yes. It is covered under FDIC Certificate #3832.

Why does Old National Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Old National Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Old National Bank a commercial bank?

Yes

Where are Old National Bank locations?

See branch locations nearby.

Is Old National Bank open on Saturdays?

Is Old National Bank open on Sundays?

What time does Old National Bank open?

What time does Old National Bank close?

Are Old National Bank ATMs Open 24/7?

Do Old National Bank ATMs accept cash deposits?

Can Old National Bank customers use other ATMs?

Do Old National Bank branches have notaries?

Will Old National Bank notarize my document?

What address for Old National Bank should I put for incoming ACH transfers?

Will the Old National Bank branch print checks?

Do Old National Bank checks expire?

Does Old National Bank require US citizenship to open account?

Can Old National Bank close my account?

Does Old National Bank Report to credit bureaus?

Does Old National Bank Use Equifax?

What is Old National Bank's ACH Routing Number?

What is Old National Bank's SWIFT code?

Products

Does Old National Bank offer mortgages?

Compare mortgage rates here.

Does Old National Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Old National Bank offer personal loans?

Compare personal loan rates here.

Does Old National Bank offer student loans?

Will Old National Bank cash a check?

Will Old National Bank redeem a savings bond?

Does Old National Bank cash savings bonds?

Will Old National Bank cash money orders?

Can Old National Bank issue a money order?

Does Old National Bank do currency exchange?

Background on The Bank

Who owns Old National Bank?

How long has Old National Bank been around?

Can Old National Bank transfer to other banks?

Does Old National Bank have quick pay?

Does Old National Bank accept rolled coins?

Will Old National Bank accept loose change?

Where is Old National Bank headquarters?

Customer Reviews for Old National Bank


  • August 05, 2019 |

    Old National Bank bought out Klein Bank where I had banked for 30+ yrs. The charges are high and I had to call several times to get them reversed. I would have to hold a long time for someone to pick up and then hold again so the person helping me could call a supervisor to get an OK to refund the charges. Watch your account because they charge you whenever they can. I'm closing the account as soon as I can get everything transferred to my new one.

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