Member FDIC

What does that mean for you?

Old National Bank is a member of the FDIC and has a strong capital position well above FDIC guidelines for “well-capitalized” institutions.

What does that mean for you?

• It means you can rest assured knowing your money is FDIC-insured to the maximum allowed by law.
• It means when you choose Old National Bank, you are choosing a secure and stable partner for your financial goals.

What is the FDIC?

An independent agency of the federal government, the Federal Deposit Insurance Corporation (FDIC) insures deposits in banks and thrift institutions and regulates financial institutions for safety and soundness. Since the FDIC was established in 1933, no depositor has ever lost a penny of insured deposits. Learn more about the FDIC. 

How much FDIC insurance coverage applies to my account?

In July 2010, FDIC insurance coverage was permanently raised to $250,000 per individual per insured bank.

FDIC-insured deposits include checking, savings, money market deposit accounts, IRAs and CDs.

Read a message from our CEO Bob Jones about Old National and the banking industry. 

Make the smart choice for your money and learn more about our FDIC-insured deposit products. 

Temporary FDIC Insurance Coverage through December 31, 2012

All funds in any "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.

The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts and money-market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.