Old National Bank Earns ‘Outstanding' Rating under the Community Reinvestment Act

Core Insights - Old National Bank received an "Outstanding" overall rating under the Community Reinvestment Act (CRA), indicating exceptional commitment to community service and financial inclusion [1][2] Community Development Efforts - The bank provided nearly $2.4 billion in CRA-eligible community development loans during the evaluation period, supporting affordable housing, economic development, and community services for low- and moderate-income individuals [3] - Old National highlighted over 20,000 hours of volunteerism across 10 states, showcasing active engagement with community organizations and financial education initiatives [4] Ratings Breakdown - Lending Test: Rated "Outstanding" for significant community development lending activities and innovative loan products, with three of five Multistate Metropolitan Statistical Areas (MMSAs) assessed receiving an "Outstanding" rating [7] - Investment Test: Rated "Outstanding" for community development investments responsive to local needs, with all five MMSAs rated "Outstanding" [7] - Services Test: Rated "High Satisfactory" for accessible delivery systems and good levels of community development services, with three MMSAs rated "Outstanding" [7] Recognition - Old National was named one of "The Civic 50," recognizing it as one of the 50 most community-minded companies in the United States [8] Company Overview - Old National Bancorp, the holding company of Old National Bank, is the sixth largest commercial bank in the Midwest, with approximately $72 billion in assets and $37 billion in assets under management [6]

Old National Bancorp-Old National Bank Earns ‘Outstanding' Rating under the Community Reinvestment Act - Reportify