Why Old National
Strength and Stability
A letter from President & CEO Bob Jones
When it comes to choosing a financial partner, strength and stability have never been more important. While it's true that our economy is in recovery, many U.S. families and businesses are still struggling.
During these challenging times, Old National has distinguished itself as a stable, secure community bank with strong capital and liquidity positions. Our solid standing has been reinforced by industry leaders like Bauer Financial, which rates Old National a 4-star or “excellent” institution.
Yet there are other ways to measure strength and stability, and I believe Old National passes these tests as well.
Committed to community engagement.
Recognized for having the highest level of volunteer service—more than 18 times the average—in the category of small- to medium-sized businesses, Old National associates received the 2012 Employee Volunteer Program of the Year award from VolunteerMatch.
Old National was humbled and honored to join AT&T, the Campbell Soup Company and Intel as 2010 recipients of the Points of Light Corporate Engagement Award for Excellence, arguably the highest annual recognition of corporate volunteer service and community engagement.
As a community bank, we continually work to strengthen families and impact lives through Foundation grants, corporate sponsorships and associate volunteerism. In 2012, Old National funded more than $3 million in grants and sponsorships, and our associates donated a record 93,000-plus volunteer hours in support of over 2,000 organizations.
Recognized as a leader in ethics and risk management.
In 2013 and 2012, we were named one of the World’s Most Ethical Companies by the EthisphereTM Institute, and we continue to receive the Ethisphere Ethics Inside Certification. Old National was the only United States bank to be named to the World's Most Ethical list. The EthisphereTM Institute is an independent firm that examines a company’s organizational health and culture, ethics and compliance programs, and corporate governance systems.
Equally noteworthy is our strong RiskMetrics governance rating which underscores our commitment to risk management.
Despite ups and downs in the economy and challenges within our industry, our three strategic imperatives - strengthen the risk profile, enhance management discipline and achieve consistent quality earnings - continue to drive us. At Old National, being a community bank means focusing on serving the needs of clients and the communities they (and we) call home. It also means providing simple, straightforward financial solutions, including investment and retirement services, wealth management and trust services and insurance.
While some may characterize this philosophy as old fashioned or even a bit boring, we disagree. To us, basic community banking is a simple yet powerful way of doing business that provides a strong platform for consistent quality performance, today and well into the future. In other words, we think it’s the very best way to define strength and stability.
President and CEO, Old National Bancorp