Purchased: 31 Oct 2016
Cost basis: $14.93
Current Portfolio Status: Hold
Dividend Reinvestment: N
Dividends paid quarterly in Mar, Jun, Sep, Dec
Shares held on account at Motif
Old National Bancorp operates as the holding company for Old National Bank, which provides various financial services to individual and commercial customers in the United States. It operates in two segments, Banking and Insurance. The Banking segment offers deposit accounts, such as noninterest-bearing demand, negotiable order of withdrawal, savings and money market, and time deposits; and loans comprising home equity lines of credit, residential real estate loans, consumer loans, commercial loans, commercial real estate loans, letters of credit, and lease financing. This segment also offers debit and ATM cards, telephone access, and online banking, as well as other electronic and mobile banking services; and cash management, private banking, brokerage, trust, and investment advisory services; and reinsures credit life insurance. The Insurance segment provides insurance brokerage services, including commercial property and casualty, surety, loss control services, employee benefits consulting and administration, and personal insurance. As of December 31, 2015, the company operated 160 banking financial centers located primarily in Indiana, Kentucky, and Michigan. Old National Bancorp was founded in 1834 and is headquartered in Evansville, Indiana.