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Personal Savings Accounts
Compare the benefits of Old National Bank savings accounts to find the right option. Convenient savings, money markets, IRAs, and CD accounts are available.
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What is an emergency fund?
An emergency fund, also known as a rainy day fund, is a savings account where you set aside money for an unexpected event. For example, you might dip into your emergency fund for an unexpected medical bill, a sudden need for car repair, or a job loss. Your emergency fund should not be used for day-to-day expenses, vacations, or other big non-emergency purchases.
The idea is that by having dedicated savings for the unexpected, you’ve created a buffer, should disaster strike. You’ll have funds to cover an emergency and not be as financially impacted as you would be if you were unprepared. This allows you to avoid debt and continue to pursue your other financial goals in the face of an emergency.
Experts recommend you keep anywhere from 6 months to a year’s worth of expenses in your dedicated emergency fund. You should also make sure your emergency fund is in an interest-bearing account. At Old National, we offer a variety of savings options.
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Have a Small Business With a Partner? Key-Life Insurance Needs to Be a Top Priority
If you run a small business with one or more partners, what should be your priority?
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4 Tips for Planning for Financial Emergencies
You never know when something might happen or how much it will cost. Here are some tips to help you prepare financially for the unexpected
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School’s Out for Summer … But Tuition Is Back in the Fall
I can only imagine the enthusiasm of students and teachers who will finally able to be back in a classroom and learning in person as schools and campuses around the country start coming back to life this fall.
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3 Financial Tools We Should All Be Thankful For
The holidays are a great time to take stock of the things that make life worth living -- family, friends, and the hobbies we enjoy. They're also an ideal time to express gratitude for the tools that make our financial lives easier. Here are a few in particular that are really worth celebrating. 1. 401(k) plans Saving f
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9 better ways to use your tax refund instead of spending it
Hopefully, you've completed and sent off your tax return by now. While some of us may owe Uncle Sam money, others are getting a nice hefty refund
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What to Do with Cash Once Your CD Matures: A Strategic Guide for Smart Savers
You opened a certificate of deposit (CD) when rates were attractive, and now it’s maturing. You have a decision to make and it’s one that deserves more thought than simply letting it auto-renew.
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Team Old National’s Kiara Romero Eyes Golf’s U.S. Women’s Open in Midst of Meteoric Rise
While the site has moved from Wisconsin to the L.A. area, amateur golfer Kiara Romero will bring fond memories, and the golf world’s great
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Passive Income Isn't Just for the Rich. Here Are 3 Ways Everyone Can Earn More Money
You don't have to be rich to generate passive income. Here are a few strategies for earning some extra money without breaking a sweat
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Money Market Offer | Earn 3.85% APY
Earn up to 3.85% APY with Old National Bank’s Market Monitor money market offer. Fund with $20,000 in new money and complete qualifying activities.