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1. 7 Key Consumer Tech Trends Influencing CRM
   CRM (customer relationship management) tools have transformed beyond simple contact management tools. Today, they come with advanced features that
2. White House Announces Vaccination Mandate or Weekly Testing for Large Employers, and Vaccination Mandate for Federal Employees and Contractors
   Article By Trevor M. Jorgensen Julie Furer Stahr Schiff Hardin LLP Employment Law Landscape Yesterday, the White House announced numerous new measures to combat the pandemic and the contagious Delta variant that impact employers. One key change is a new regulation to be issued by the Occupational Safety and Health Admi
3. Business Strategy For The High Inflation Economy
   Companies around the world are feeling inflation, especially companies in the United States.
4. Old National’s Empowerment Small Business Loan Program
   Old National hosted three receptions in the Chicagoland market for the Old National Empowerment Small Business Loan Program in August of 2024, when a
5. Planning for 2020: Leveraging technology to alleviate basic business woes
   Use modern technology to improve daily business activities. Many medium-sized and small businesses are tapping into the new technology to help them come up with a more innovative, more efficient, and more productive workforce. Similarly, the rise in remote workers has led to an increase in the demand for on-demand data
6. Strong relationships can aid CFOs in building C-suite cohesion
   While some economists are cautiously optimistic about the future of the economy, executive leaders are still facing high inflation, rising
7. When To Bring Your People Back To Work—Four Issues To Decide When And How
   With so much conflicting and sometimes vague guidance on when to bring people back to work as part of the Great Reboot of your enterprise, how do you make the decision for your own team? What’s needed is a rigorous way to disentangle issues and address each one in an orderly way. Through analysis with the IT consulting
8. Tax Planning Tools: Strategies and Checklist
   There’s no getting around the fact that we must pay taxes throughout our lives. Implementing strategies to help control and manage those taxes is a critical component of your overall financial plan. By taking advantage of opportunities to reduce your taxable income and potentially maximize tax deductions, you can redir
9. 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.
10. What are the replacement rates for LIBOR?

    Although options for replacing LIBOR continue to evolve, Old National has currently identified the following potential replacement options for our clients:

    1. Secured Overnight Financing Rate (SOFR)
    2. Term SOFR

    The Secured Overnight Financing Rate or SOFR is the replacement benchmark recommended by the New York Federal Reserve’s Alternative Reference Rate Committee (ARRC). (See references below for more information on the work of the ARRC.) SOFR is derived from transactions that are executed in the overnight repurchase agreement (repo) market. These transactions are executed between banks and other intermediaries and are often collateralized by US Treasury securities. The market for SOFR is very deep and liquid with nearly $1 trillion in underlying transactions executed daily. 

    While SOFR has been identified as the replacement index for LIBOR, there are multiple calculation methodologies which have been developed given that SOFR is a daily rate. The CME Term SOFR Reference Rates benchmark is a daily set of forward-looking interest rate estimates based on the SOFR futures contracts. CME Term SOFR Reference Rates are calculated and published for 1-month, 3-month, 6-month and 12-month tenors. Like LIBOR, CME Term SOFR Reference Rates are forward-looking, and the rate is set at the beginning of the period and interest is paid in arrears.