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        2,447 results found

        1. CRA Public File
          In accordance with the Community Reinvestment Act (CRA) Regulation BB and for your convenience, we have provided our CRA Public File on our website.
        2. GDP roars past pre-pandemic levels. Where does the economy go from here?
          WASHINGTON — Even with production glitches, transportation bottlenecks and labor shortages, the U. S. economy grew in the second quarter at one of the fastest rates in decades, lifting the nation’s total output above where it was before COVID-19 hit, according to government data released Thursday. “That we were able to
        3. Beyond The Green: The ‘G’ In ESG Is Key To Fighting Corruption
          Corruption is a common ESG issue. Proactive corporate governance is key to addressing and preventing it
        4. The 4 Biggest Changes You'll See on Your Tax Return This Year
          Tax season is just about to start, and now's the moment of truth to see what impact the late-2017 tax reform laws will have on your tax return.
        5. What Are the Benefits of Outsourcing Your Payroll?
          Are you spending countless hours calculating wages, dealing with tax filings, and worrying about compliance? You’re not alone.
        6.  How Manufacturing and Retail Leaders Can
            How Manufacturing and Retail Leaders Can Adapt to Trade Uncertainty   From the outside looking in, supply chain issues seem to have
        7. Navigating The Impacts Of Generative Artificial Intelligence (“AI”) On Compliance Programs
          Despite the positive, transformational benefit that artificial intelligence can offer, businesses must be very mindful of the legal, regulatory, and
        8. Want Stability In 2025? Grow Slower, Serve Deeper, Stay Real
          If you’re not chasing hockey-stick growth, what should you be chasing? Strength. Stability. Impact.
        9. 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.

        10. 3 Ways Leaders Can Reduce Burnout and Improve Retention for Their Hybrid Workers
          According to a recent workplace survey, 80 percent of 25- to 34-year-olds said that friendships with co-workers are the most important thing to them