Old National Bank Financial Empowerment Director Ben Joergens discusses serving unbanked Americans on the ABA Banking Journal podcast
Old National Bank Financial Empowerment Director Ben Joergens discusses the Old National commitment to serving unbanked Americans on the American Bankers Association ABA Banking Journal Podcast for October 2020.
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Old National helped launch the third Bank On program in the U.S. back in 2008, which focuses on helping unbanked Americans gain access to mainstream financial services. In 2016, Old National created the ONB EZ Access Account, a Bank On-certified account. Bank On-certified accounts are safe, affordable transaction accounts designed for those who might not otherwise have access to a checking account.
While FDIC statistics on unbanked Americans show improvement between 2017 and 2019, some demographic categories still face obstacles in accessing financial services. In this podcast, Ben also talks about the importance of financial education, and the strong role it plays at Old National, when assisting unbanked individuals.
ABOUT OLD NATIONAL
Old National Bancorp (NASDAQ: ONB), the holding company of Old National Bank, is the largest bank holding company headquartered in Indiana. With $22.5 billion in assets, it ranks among the top 100 banking companies in the U.S. and has been recognized as a World’s Most Ethical Company by the Ethisphere Institute for nine consecutive years. Since its founding in Evansville in 1834, Old National Bank has focused on community banking by building long-term, highly valued partnerships and keeping our clients at the center of all we do. This is an approach to business that we call The ONB Way. Today, Old National’s footprint includes Indiana, Kentucky, Michigan, Wisconsin and Minnesota. In addition to providing extensive services in retail and commercial banking, Old National offers comprehensive wealth management, investment and capital market services. For more information and financial data, please visit Investor Relations at oldnational.com.