ONB

We Remember April 10: Honoring the Victims of Louisville Tragedy

Retrieved on: 
Wednesday, April 3, 2024
Partnership, ONB, American Red Cross, Friends, Old, Love, Memory

EVANSVILLE, Ind., April 03, 2024 (GLOBE NEWSWIRE) -- Wednesday, April 10 marks one year since the tragedy in Louisville, Ky., that claimed the lives of five Old National team members. In memory of these individuals, and in honor of others who were impacted, all Old National offices outside of Louisville will close at 1 p.m. CT / 2 p.m. ET on April 10. This will allow ONB team members throughout the bank’s footprint to simultaneously participate in an afternoon “Walk to Remember.”

Key Points: 
  • In memory of these individuals, and in honor of others who were impacted, all Old National offices outside of Louisville will close at 1 p.m. CT / 2 p.m.
  • This will allow ONB team members throughout the bank’s footprint to simultaneously participate in an afternoon “Walk to Remember.”
    Additionally, all Louisville offices will be closed for the full day on April 10.
  • This will enable team members to dedicate this solemn day of remembrance to caring for themselves and one another.
  • Blood donations proved critical to saving lives during the Louisville tragedy, and American Red Cross donations are currently at a 20-year low.

Nu:ionic Hydrogen-Producing Microwave Reactor Achieves Commercial Threshold

Retrieved on: 
Tuesday, March 26, 2024
Research, Electricity, Photograph, Methanol, Regional Development Agency (Canada), Natural gas, Innovation Center station, Steam, Atlantic Canada, Carbon, TPD, ACOA, CO2, Hydrogen, Atmosphere, SMR, Photography, ONB, Ammonia, MCR, Boshoff, Renewable energy

This commercial scale, 100kW electrified reactor can be used in many applications for low carbon hydrogen production from various feedstocks, including biogas, natural gas or renewable ammonia.

Key Points: 
  • This commercial scale, 100kW electrified reactor can be used in many applications for low carbon hydrogen production from various feedstocks, including biogas, natural gas or renewable ammonia.
  • The reactor is undergoing rigorous testing and accumulating run time in the company’s Fredericton, New Brunswick Research and Innovation Center.
  • Microwave Catalytic Reformer installation at Nu:ionic’s Research and Innovation Center.
  • The Microwave Catalytic Reformer is an example of an innovative use of industrial microwave technology for natural gas reforming and other applications,” said Jim Tranquilla, President and Chief Technology Officer.

Proteus Announces Partnership with 1834, a Division of Old National Bank, to Elevate Alternative Investment Offerings

Retrieved on: 
Tuesday, January 9, 2024
Partnership, ONB, Old National Bank, Proteus, Cryptocurrency

INDIANAPOLIS, Jan. 9, 2024 /PRNewswire/ -- Proteus, a leading alternative investment platform for investment managers, proudly announces its recent selection by 1834, a division of Old National Bank This collaboration marks a significant milestone as Proteus tailors a custom made alternative investing platform to cater to the evolving needs of 1834's expanding client base.

Key Points: 
  • INDIANAPOLIS, Jan. 9, 2024 /PRNewswire/ -- Proteus, a leading alternative investment platform for investment managers, proudly announces its recent selection by 1834, a division of Old National Bank This collaboration marks a significant milestone as Proteus tailors a custom made alternative investing platform to cater to the evolving needs of 1834's expanding client base.
  • 1834, the specialized division of ONB known for its highly consultative, boutique-style approach, focuses on meeting the diverse financial needs of high-net-worth individuals and institutions.
  • By choosing Proteus as their strategic partner, 1834 aims to enhance its suite of alternative investment offerings, providing clients with access to a curated selection of investment opportunities including private equity, private credit, private real estate, hedge funds and real assets.
  • "We are thrilled to be chosen by 1834 as their alternative investment platform partner," said Jason Brown, Founder and CEO at Proteus.

Old National Bank Earns 2024 Military Friendly® Employer Designation

Retrieved on: 
Monday, November 13, 2023
Promotion, Organization, Workforce, Military, Old National Bank, Veteran, ONB, Military personnel, Methodology, Education, Management

EVANSVILLE, Ind., Nov. 13, 2023 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Old National Bank announced today that it has earned the 2024 Military Friendly® Employer designation, evaluated from both public data sources and responses from a proprietary survey.

Key Points: 
  • EVANSVILLE, Ind., Nov. 13, 2023 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Old National Bank announced today that it has earned the 2024 Military Friendly® Employer designation, evaluated from both public data sources and responses from a proprietary survey.
  • Methodology, criteria, and weightings were determined by VIQTORY with input from the Military Friendly® Advisory Council of independent leaders in the military recruitment community.
  • Old National will be showcased among the 2024 Military Friendly® Employers in the Winter issue of G.I.
  • For more information on active and veteran military employment at Old National, go to oldnational.com/about-us/careers/active-military-veterans .

The Results are In: Digital Payments are a Prescription for Patient Satisfaction

Retrieved on: 
Thursday, November 16, 2023
General Health, Payments, Health, Digital Cash Management, Digital Assets, Technology, Risk, Patient, Medicine, Hospital, Health insurance, ONB

Medical refunds are especially ripe for digitization, with 59% of patients receiving payments via check despite the high costs, risk and decreasing popularity of this payment method.

Key Points: 
  • Medical refunds are especially ripe for digitization, with 59% of patients receiving payments via check despite the high costs, risk and decreasing popularity of this payment method.
  • By switching to modern payout solution, healthcare providers can maximize convenience and choice for patients and increase their overall satisfaction at a critical touchpoint.
  • 58% of patients who had received a refund check said they were unsure of why they had received the payment.
  • “Digital payments have impacted nearly every facet of the consumer experience.

Lightening the Carbon Load: Digital Payments Offer Environmentally Conscious Utility Customers a Better Choice

Retrieved on: 
Monday, October 30, 2023
Alternative Energy, Energy, Environment, Other Energy, Utilities, Pasta â Paolina, CO2, Online shopping, ONB

While competitive energy pricing remains paramount for consumers, green practices such as offering digital payouts (which can save nearly 25 grams of CO2 compared to a physical card) create new opportunities for utilities to attract and retain customers.

Key Points: 
  • While competitive energy pricing remains paramount for consumers, green practices such as offering digital payouts (which can save nearly 25 grams of CO2 compared to a physical card) create new opportunities for utilities to attract and retain customers.
  • Surveying 626 utility customers nationwide in regulated and deregulated markets, the Onbe study revealed that despite 62% of respondents preferring digital payment options, nearly half of all utility customers do not have a choice in how they receive payments such as refunds and incentives.
  • Considering consumers’ sustainability concerns and preference for digital payments, offering more environmentally friendly payment options can help utilities stand out by putting the power of greener choices in their customers’ hands.
  • Offering digital payment choices is a differentiator for utilities, making their payment programs more environmentally friendly while delivering the fast, frictionless payment experiences consumers prefer.

Accelerating Payouts: Westlake Financial Streamlines Its Auto Refunds With Onbe

Retrieved on: 
Monday, October 23, 2023
Technology, Fintech, Professional Services, Digital Cash Management, Digital Assets, Operation, Life, Frustration, Senior, Risk, AFP, Finance, Online shopping, ONB

Onbe, a leading corporate payouts platform, today announces the launch of a digital-first consumer refund program with Westlake Financial (Westlake), the largest privately held finance company in the United States.

Key Points: 
  • Onbe, a leading corporate payouts platform, today announces the launch of a digital-first consumer refund program with Westlake Financial (Westlake), the largest privately held finance company in the United States.
  • Westlake has replaced its check-based refund program with Onbe’s payouts gateway, providing instant payments to recipients while eliminating internal program and labor costs.
  • 47% of automotive customers name wait time as the leading cause of frustration with their payout experience, according to Onbe’s Summer 2023 Auto Survey.
  • “Onbe removed the internal costs and labor associated with our processes while creating a more user-friendly payment experience for our customers,” says John Mason, Senior Vice President of Operations at Westlake.

Old National's 2nd Quarter Results Supported by Strong Deposit Franchise, Ample Capital, Stable Credit and Expense Discipline

Retrieved on: 
Tuesday, July 25, 2023
Patriot National Bancorp, Heart, International, PCD, Old National Bank, Central Time, ONB, Old, Sale, Organization, ATM, Acquisition, Love, Growth, EPS, Family, Reinsurance, Bank, Security (finance), Pharmaceutical industry, Real estate, Video game, Rare-earth element, Clothing, Financial services, Life insurance, Beauty salon, Access

Old National reported second quarter 2023 net income applicable to common shares of $151.0 million, or $0.52 per diluted common share.

Key Points: 
  • Old National reported second quarter 2023 net income applicable to common shares of $151.0 million, or $0.52 per diluted common share.
  • Excluding these transactions from the current quarter, adjusted net income was $156.3 million, or $0.54 per diluted common share.
  • Average total loans in the second quarter were $32.3 billion, an increase of $985.0 million from the first quarter of 2023.
  • Old National will host a conference call and live webcast at 9:00 a.m. Central Time on Tuesday, July 25, 2023, to review second quarter financial results.

Old National Bank Launches in Metro Detroit Market

Retrieved on: 
Thursday, June 29, 2023
Columbia University, Bachelor, Metro, BS, University, Education, Wayne State University, Business, Big Brothers Big Sisters, MBA, Commercial property, Public sector banks in India, Research, Old National Bank, ONB, Liberty Center, Iowa, University of Detroit Mercy, Liberty Center, Ohio, Walsh College, MS, Gleaners, Business administration, Detroit Region Aerotropolis, Maranatha Baptist University, Institute of Business Administration and Management, Growth, Central Michigan University, SVP, Flagstar Bank, CRE, Accounting, Tunnel, Bank, Management, Western Michigan University, Science, Finance, Metro Detroit

DETROIT, June 29, 2023 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Old National Bank celebrated the opening of its first Metro Detroit-area commercial banking office in June with a launch event at the Detroit Athletic Center.

Key Points: 
  • DETROIT, June 29, 2023 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Old National Bank celebrated the opening of its first Metro Detroit-area commercial banking office in June with a launch event at the Detroit Athletic Center.
  • Metro Detroit joins other major Old National markets in Michigan, including Ann Arbor, Grand Rapids and Kalamazoo.
  • Old National’s Metro Detroit Market President Rick Hampson will report to George Bailey, the company’s Michigan state executive.
  • “This builds upon the great work we are doing with our clients throughout Michigan, and the move into Metro Detroit represents a natural growth progression for the bank.”
    The Old National Metro Detroit team is comprised of:
    Rick Hampson, Metro Detroit Market President – Joined ONB in 2023 with 27+ years of commercial banking experience in large corporate syndicated banking and middle market banking.

Opportunities New Brunswick recognizes Bulletproof as the winner of the 2023 Global Diversification Award

Retrieved on: 
Monday, June 5, 2023
Private sector, Microsoft, ONB, Burns, Growth, Bulletproof hosting, Video game, NB

FREDERICTON, NB, June 5, 2023 /CNW/ - Bulletproof is proud to announce it has won a 2023 New Brunswick Export Award in the category of Global Diversification.

Key Points: 
  • FREDERICTON, NB, June 5, 2023 /CNW/ - Bulletproof is proud to announce it has won a 2023 New Brunswick Export Award in the category of Global Diversification.
  • Awarded on June 2nd during the gala event, hosted by Opportunities New Brunswick (ONB) at the Fredericton Convention Centre, this award recognizes companies that have penetrated and/or grown new markets outside of Canada and the US.
  • "As a global company founded in New Brunswick, we are thrilled and humbled to be honoured by Opportunities New Brunswick and stand alongside so many champions of the local business community," said Bulletproof's President & COO, Steven Burns.
  • Each year, ONB recognizes and celebrates the achievement of New Brunswick's top-performing businesses exporting home-grown innovation to the world.