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The ‘Shadow of a Leader’ and building an inclusive culture
By Corliss Garner, Chief DE&I Officer, SVP The role of a leader, both at work and at home, requires modeling the behavior and living desired
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5 Ways to Cut Costs in Your Business
Trimming costs can be as important to your business as boosting revenue. Here are 5 tips to help improve your bottom line
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Which Retirement Plan Should I Add to First?
Saving for retirement is one of the most important ways that you can prepare for your financial future. When you stop working, nearly all of your income dries up. Although you may qualify to receive Social Security benefits, they'll only go partway toward replacing the income that your job paid you. Relying too much on
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Old National Bank Earns ‘Outstanding’ Rating under the Community Reinvestment Act
Old National Bank announced today that it has received an “Outstanding” overall rating — the highest possible — under the Community Reinvestment Act
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Old National Bank’s Pay It Forward ‘Acts of Kindness’ Campaign Helps Feed, Clothe Families and More
Old National Bank’s (ONB) Pay It Forward “acts of kindness” campaign continued for an eighth straight year, led by its internal Associate and
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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.
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Why is LIBOR being discontinued?
LIBOR was introduced in the 1980’s as a benchmark interest rate that was intended to reflect banks’ average cost of short-term, wholesale unsecured borrowing. Over time, and particularly during the financial crisis that began in 2007, banks became less and less reliant on inter-bank lending. As a result, the number and dollar volume of transactions from which LIBOR was derived declined dramatically. To make up for this shortfall, LIBOR panel banks resorted to using “expert judgment” when submitting various rates used in calculating LIBOR. This left it susceptible to manipulation and fraud.
In 2017, the UK Financial Conduct Authority (FCA), the regulator for LIBOR, announced that after December 31, 2021, the panel banks would no longer be required to submit settings for LIBOR. (This has since been revised to June 30, 2023, for most LIBOR tenors.) This announcement effectively started the countdown to the end of LIBOR.
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Old National Bank Community Growth Plan Expanded to $9.5 Billion Supporting Historically Underserved in Communities
In February 2022, Old National announced a five-year, $8.3 billion Community Growth Plan (CGP) focused on expanding our longstandingcommitment to
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How Trump’s Tariffs Impact Small Businesses And Entrepreneurs
The recent Trump administration’s tariffs are stirring the markets, causing some of the most pronounced volatility in market history. However, small businesses are not immune from the recent tariffs.
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The Silent Profit Killers Lurking Inside Your Business
Here are the most commonly overlooked ways businesses lose money.