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    1,171 results found

    1. Why CEOs Of SMBs Make Easy Cyber Targets
      Worried that junior- and mid-level road warriors might make your company vulnerable to a cyberattack? When it comes to digital security, your weakest security link is more likely to be a company leader, according to a new study. In the C-suite, there’s often a significant gap between the real and perceived risk of cybe
    2. 5 New Things to Note on Your 2021 Business Return
      Income taxes are a perennial chore for business owners. While many tax items—deductions, credits, etc.—have new limits for 2021 due to cost-of-living
    3. How to create a good culture for your small business
      While the culture or atmosphere at any business can be critical to attracting and retaining top workers, it needs to be a focus for small business owners who can't offer the kind of salary and benefits that bigger companies do. Many owners are busy with customers, vendors and finances, and culture isn't something they
    4. The Kid Roth: Build Your Child A Tax-Free Nest Egg And Teach Savings Over Spending
      Roth IRAs are a great option for retirement savings and will be a much more popular way to save now that the SECURE Act has been signed into law. The SECURE Act will generally make the nonspouse beneficiaries of taxable IRAs take, and pay taxes on, distributions over ten years, versus the current rule allowing them to
    5. Community Reinvestment Act
      Old National works to build products, services and collaborative partnerships that help individuals and families reach their goals. Access our CRA Public File.
    6. Are Parents Ready to Keep the Bank of Mom and Dad Open?
      Over half of Gen Z adults reported that they don’t pay for their own housing, and parents of adult Gen Zers expect to give their children $1,813 a month in 2025.
    7. What is a pre-authorization hold on my debit card?

      When you pay with your debit card, you may have a “pre-authorization hold” added to your account before the actual charge goes through. Businesses do this to make sure you have the funds available to cover the purchase, especially when the total amount is unknown at the time you use your card.

      For example, when you swipe your card before pumping gas, a pre-authorization hold is put on your account for an amount that’s probably going to be higher than what you’ll actually spend. When you reserve a hotel room, a hold is placed on the account for the cost of the room, plus a little more in case you have additional services during your stay. When you pay for your meal at a restaurant, a hold may be placed for the cost of the meal plus extra for the possible tip. Once the actual amount is known, that number becomes the charge. And once the charge clears your account (typically during the bank’s evening processing), the pre-authorization hold is released.

      Pre-authorization holds often can be considerably higher than what you will actually pay, and may stay on your account for a while (days, in some situations) so be sure you are prepared for this amount to be “on hold” in your account in the interim. Remember, you won’t have access to the excess funds until after the actual charge clears and the pre-authorization is released.

      Example: Joe visits a gas station and swipes his debit card before pumping his gas. The business doesn’t know how much gas Joe will pump, but it assumes the charge will be $50 or under. They place a pre-authorization hold on Joe’s card for $50 to ensure the funds are available. Joe pumps $20 worth of gas. That means there now is an extra $30 on hold in Joe’s account, and he will not have access to that money until the $20 charge clears and the $50 pre-authorization hold is released.

      If you have questions, call Client Care at 1-800-731-2265.

    8. Are “Fixer-Uppers” a Smart Move for First-Time Buyers? (Maybe Not)
      What every first-time buyer should consider before diving into the world of fixer-uppers.
    9. Life Insurance: What Business Owners Should Know
      It's important to insure yourself as well as your company It is said that a quality life insurance policy provides "certainty in an uncertain world."
    10. Millennial Money: How to tell when money advice is bad
      There are a lot of people out there who want to tell you what to do with your money. The problem is only some of them know what they’re talking