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      Compare the benefits of Old National Bank savings accounts to find the right option. Convenient savings, money markets, IRAs, and CD accounts are available.

      1,899 results found

      1. How entrepreneurs can prepare for 2020's new overtime rule so you can keep costs down and employees happy
        In 2020, more than a million American workers will be eligible to earn overtime pay under the Fair Labor Standards Act (FLSA). This is the first time in 15 years that the federal minimum salary threshold for overtime has increased. To understand how this change will impact businesses and their employees, two executives
      2. Next-Gen Smart Warehouses: How AI Is Shaping The Modern Supply Chain
        Maintaining accurate inventory has been a challenge for warehouse operators. Innovations like AI are changing the game
      3. Prime Rate Data
        The current Old National Bank prime rate, as well as a tabulation of our historical prime rate data.
      4. 7 Big Marketing Trends Impacting Small Business
        What are the big marketing trends impacting small business? I turned to industry experts for insight. Below are seven trends that small businesses in particular should pay attention to. Trend #1: Main Street businesses will have a renaissance. Laura Goldberg, Chief Revenue Officer for Kabbage. “Driven with the desire t
      5. American Workers May See 12 Weeks Of Paid Family Leave, Offering Options And Opportunities For Women
        America is the only country among 41 nations that does not mandate any paid leave for new parents, according to data compiled by the Organization for Economic Cooperation and Development (OECD).
      6. Keys To Managing Small Business Growth Without Major Investors
        There are many reasons to grow a small business without investors. You may want to keep 100% of the equity in your business rather than share it.
      7. John V. Moran, IV
        John V. Moran, IV is the Chief Financial Officer and Chief Strategy Officer at Old National.
      8. Financial Education Courses
        Old National provides financial education workshops for employers, non-profits, schools and more. Online and free in-person options available.
      9. Why is LIBOR being discontinued?

        LIBOR was introduced in the 1980’s as a benchmark interest rate that was intended to reflect banks’ average cost of short-term, wholesale unsecured borrowing. Over time, and particularly during the financial crisis that began in 2007, banks became less and less reliant on inter-bank lending. As a result, the number and dollar volume of transactions from which LIBOR was derived declined dramatically. To make up for this shortfall, LIBOR panel banks resorted to using “expert judgment” when submitting various rates used in calculating LIBOR. This left it susceptible to manipulation and fraud.

        In 2017, the UK Financial Conduct Authority (FCA), the regulator for LIBOR, announced that after December 31, 2021, the panel banks would no longer be required to submit settings for LIBOR. (This has since been revised to June 30, 2023, for most LIBOR tenors.) This announcement effectively started the countdown to the end of LIBOR.

      10. 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.