Recently Completed Partnership Expands Old National Footprint into Tennessee and North Carolina
As a result of Old National’s strong standing and stability as a regional bank, we were able to seize on an opportunity to expand our franchise into the Southeast. This partnership with Nashville-based CapStar Bank – finalized on April 1st of this year – adds 23 banking centers to the Old National footprint, including seven in Greater Nashville. It also expands our presence into several other vibrant, growing markets including Chattanooga and Knoxville in Tennessee, and Asheville, North Carolina.
Old National entered Tennessee in 2022 with the introduction of its Nashville-based 1834 (our high-net-worth Wealth division) team, followed by Commercial banking and lending teams in 2023. Our partnership with CapStar Bank effectively rounds out our presence in Nashville by adding a very strong Community Bank presence.
“Our full-service banking presence in Nashville and several other strong communities allows us to fully serve our existing Nashville-area clients, while also introducing our client- and community-focused brand of banking to new clients in the surrounding region,” explained Mark Sander, Old National President and Chief Operating Officer.
New Community Development & Community Lending Hires
Two recent hires have further strengthened Old National’s presence in the Southeast and our ability to serve clients and strengthen the community.
Ronald Harvey, who has a wealth of experience in community and small business development and financial education and empowerment, has joined the ONB team as Community Development Manager. In this role, he will lead our community development and outreach efforts with a focus on serving traditionally underserved communities.
Nashville-based Brittany Yokley will serve as Community Marketing and Engagement Manager for Old National’s entire Southeast Region. Yokley has extensive experience managing team member engagement and events, and she was a two-time recipient of the President’s Award for Core Values.
Additionally, we will soon be adding a Tennessee Community Lending Market Executive, who will work to increase Old National’s participation in sustainable growth initiatives, advanced lending strategies, and significant community development projects. This individual will also focus on the continued application of our Empowerment Small Business Loan Program, along with strategies for growing lending and investment to low- and moderate-income and underserved communities.
Expansion of our Community Growth Plan
In 2022, Old National announced a five-year, $8.3 billion Community Growth Plan focused on expanding our long-standing commitment to support historically underserved and economically disadvantaged individuals, families and communities. In early 2024, we expanded this plan to include the state of Tennessee. Our total five-year commitment to strengthening the communities we serve is now $9.5 billion.
“Supporting and strengthening the communities that Old National serves is a strategic priority and a defining characteristic of our Old National culture,” said Old National CEO Jim Ryan. “We are excited for this opportunity to expand on our existing partnership with NCRC and increase the positive impact of our Community Growth Plan.”
Supporting our communities has always been a priority at Old National, and we remain dedicated to their continued growth. Discover how we're making a difference.
“1834,” “1834 Investment Advisors” and the 1834 logo are registered trademarks of Old National Bank. Investment instruments utilized by 1834 are not insured by the FDIC nor any other government agency, are not deposits or other obligations of Old National Wealth Management, Old National Bank, its parent company or affiliates, and involve investment risk including the possible loss of principal invested.
