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        2,175 results found

        1. Supply Chain Disruptions Are Likely to Continue in 2023. Here's How to Manage
          While some severe pressures from the pandemic are starting to ease, there are still many global supply chain obstacles business owners should keep
        2. SB Digital Banking Integration
          Small Business clients can get rolling with Old National Bank. See what automatically transferred and what needs to be re-established after the transition.
        3. 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.

        4. 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
        5. Hosted by Old National Bank Financial Empowerment
          Hosted by Old National Bank Financial Empowerment Director Ben Joergens, each Real-Life Finance episode focuses on everyday financial solutions that
        6. 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.

        7. College Savings Accounts: Which One is Right for You
          For many families, saving for children’s college is a financial priority, often topped only by retirement savings. And with college costing an average
        8. 3 small ways to start saving more money now that will add up over time
          If you overspent during the holidays, here are three ways that can help you build your savings back up over time.
        9. Digital Banking Integration
          Personal banking clients can get rolling with Old National Bank! See what automatically transferred and what needs to be re-established after the transition.
        10. How Old National Bank ‘Pays it Forward’ Through Community ACE Teams
          Collaboration is one of Old National’s six core values, one which our ACE Team members truly takes to heart. ACE (Associate Community Engagement)