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Old National Bancorp CEO Bob Jones talks about how his bank has made employee retention a priority in acquisition deals after losing a lending team to rival First Financial Bancorp.
June 12 -
Old National Bancorp in Evansville, Ind., has agreed to buy Tower Financial in Fort Wayne.
September 10 -
Old National Bancorp (ONB) in Evansville, Ind., has agreed to sell two branches in Indiana: one to MainSource Financial, and one to River Valley Bancorp.
September 5 -
Bank of America's need to downsize continues to benefit small banks, as Old National acquires branches with $780 million of deposits in two states.
January 9
Old National Bancorp in Evansville, Ind., is selling $150 million of unsecured senior notes to fund the cash portion of pending deals and to possibly support future acquisitions.
The senior notes Old National is selling are due in 2024, according to a
The $10.4 billion-asset company intends to use the net proceeds from this offering for general corporate purposes, which may include providing capital to support business growth, cash payments for the pending acquisitions of
Old National expects the $67 million LSB transaction to close in the fourth quarter and the $88.2 million Founders deal to close in the first half of next year.
Meanwhile, on July 31, the company completed its acquisition of the
