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How can I close a checking or savings account?
We do our best to ensure that you have the right financial solutions to fit your life. While we understand that closing an account may sometimes serve your needs best, we also hope that you will consider talking with one of our helpful experts at a nearby banking center. They may be able to find an account or service that is a better match for what you need. If you are moving, they can show you how to use digital banking services to make deposits and manage your account wherever you are. You also can review many of our account and service options on our website, including our Compare Checking Accounts page.
If you do have a situation in which you need to close your checking or savings account, the following information should help you:
If your account currently has a $0 balance
You may contact our Client Care center at 1-800-731-2265 or visit a nearby banking center. Your request may take 1-2 days to process. You will want to make sure any outstanding checks or debit card purchases have cleared before closing your account.If you still have money in your account
If your account currently has a balance, we will need a signature from you to close your account, so please visit a nearby Old National.If you aren’t able to close your account in person, you may be able to send a letter with your request by mail or fax, but additional verification is often needed with this method. We recommend that you contact the location where your account was opened, to check what specific information is required before sending your request. Contact information for each banking center is available on our website locator.
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What to Do If Your Identity Is Compromised
Discovering that your identity has been stolen can be overwhelming. But with swift action, you can regain control and minimize the damage.
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Stay Ahead Of The Talent Trends And Build Your Workforce
We all know that company. We may be that company. Call it Company A: coming out of the pandemic strong with a bold plan to infuse their workforce with a big hiring boost.
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How do I apply for a business loan?
You will want to talk to a member of our business banking team, since the best loan solution can depend on your specific needs and goals. To help expedite the process when you apply for a business loan, visit our documents you will need page. Here we provide a checklist of items we need to consider your business loan request, including small business administration and commercial real estate loans.
You will also find a link to our Personal Financial Statement form, Personal Financial Statement WI Residents Only residents and our SBA Loan Submission Packet.
To get our conversation started, please call us at 1-800-731-2265 or send an information request form.
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Am I eligible for an SBA loan?
SBA lenders and SBA loan programs have different eligibility requirements. However, there are some basic requirements:
- Location: Your business must be physically located and operate in the U.S.
- Business type: Your business must be for-profit and in an eligible industry.
- Investment: You, as the business owner, must have invested time or money into the business.
- Size: Only small businesses qualify. The definition of a "small business" is based on number of employees or average annual receipts. Size standards information can be found on the sba.gov website.
- Loan application history: You must not be able to get more traditional financing at favorable terms.
You should also be able to demonstrate your ability to repay the loan and have a sound business purpose and plan.
To learn more about SBA loans at Old National, please visit our SBA Loans website page.
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How do I apply for a mortgage loan?
You can apply for an Old National mortgage loan in several ways:
Apply through our website
- Visit the Mortgage Loan Options page.
- If you prefer, you can also designate the mortgage lender you prefer to work with. In that case, go to the Mortgage Loan Options page and select Find a Mortgage Expert. Under the photo of the mortgage loan officer you prefer to work with, select Apply Online.
Call us
You can also contact a mortgage loan officer directly to schedule an appointment. Go to the Mortgage Loan Options page and select Find a Mortgage Expert. Under the photo of each mortgage loan officer, you will find a direct phone number. -
What is a budget draft payment on my mortgage loan?
With Budget Draft Payment (Biweekly Drafting), a borrower is allowed to make half-payments every two weeks and apply these payments as a full monthly mortgage payment once a month. Some borrowers find it easier to break a payment up over paychecks, instead of making one large monthly mortgage payment. You can set up budget drafting in Mortgage Manager. Our How to Enroll in Budget Draft guide walks you through the process.
If you need assistance setting up an automatic loan payment or want us to mail an auto pay form to you, please contact Client Care at 1-800-731-2265 or visit any Old National banking center.
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Examining the Financial Consequences of a Data Breach
The likelihood of a company, big or small, facing a security incident has increased, and an estimated one in three organizations will fall victim in the next two years. As long as cybercriminals can make a profit from consumer and business data on the Dark Web, organizations will continue to be targeted by hackers. Bus
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Why To Invest in Your Business’ Cybersecurity
October is Cybersecurity Awareness Month, and this year it’s more important than ever for small businesses to have powerful protocols in place to protect against fraud.
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How Technology and Agile Are Reshaping Customer Experience in Financial Services
AI and Agile practices are reshaping customer experience in financial services. Here are some strategies that companies are using