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        1,983 results found

        1. Four things to look for in a Merchant Services provider
          By Elle Werley Merchant Services Director, Old National Bank   If you travel frequently, you’ve almost certainly found yourself struggling with a
        2. The 10-Step Digital Security Checklist Every Small Business Needs
          Your small business should not ignore this critical strategy. With cyber attacks daily, leaders are more aware of their digital
        3. Translating Passion to Business
          Meet Elizabeth Colon, who is an honoree of the 2020 Inspiring Women in Business program, sponsored by First Midwest Bank and 101.9 THE MIX. Elizabeth
        4. Employers, Its Time To Start Supporting Your Employees’ Financial Wellness
          Every employer—at least every good one—cares about the wellbeing of their employees. Outside of the basic health insurance and 401(k)s, many companies also offer wellness programs to encourage fitness amongst their staff or even have an educational budget for employees to go back to school or participate in certificati
        5. 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
        6. Should I Make A S-Corporation Election?
          S-Corp ElectionRido81The first tax deadline for S-Corporations and Partnerships is next week, and I’m fielding a lot of questions around the S-Corporation election. Many small business owners think or have been told that the S-Corp election is the way to reduce taxes for your business, because it gives you the ability
        7. 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.

        8. 3 ways CIOs can drive business success in 2023
          Editor’s note: The following is a guest post authored by Momentive CIO Eric Johnson. Workplace culture, employee experience and productivity are top
        9. Buying Holiday Gifts Without Breaking the Budget
          Using a savings account for holiday shopping without breaking the budget.
        10. How To Be A Stakeholder-Driven Company In A Pandemic
          The world is gripped by fear. The market is plunging. Governments are locking down cities. Many of us are refreshing news sites and Twitter to understand the latest update. Of course, I’m talking about the coronavirus, or COVID-19, an international pandemic that’s leaving everyone anxious.