Old National Bancorp (ONB) received an “Outstanding” overall rating under the Community Reinvestment Act (CRA) for the 2022‑2024 evaluation period, the highest designation awarded by the Office of the Comptroller of the Currency and placing the bank in the top 10% of U.S. banks.
The rating was based on nearly $2.4 billion in CRA‑eligible community development loans and more than 20,000 volunteer hours logged across 10 states. In the lending test, ONB earned an Outstanding rating in three of its five Multistate Metropolitan Statistical Areas and in the State of Indiana, underscoring strong performance in key geographic markets.
CEO Jim Ryan said, “This recognition affirms the work our teams do every day to partner with and uplift the communities we proudly serve.” He added, “During the evaluation period, Old National provided nearly $2.4 billion in CRA‑eligible community development loans that supported affordable housing, economic development, community services for low‑ and moderate‑income people, and revitalization or stabilization of low‑to‑moderate income communities. Every dollar provided makes a positive impact on our communities.”
The CRA rating signals robust regulatory compliance and a deep commitment to community investment, factors that can ease future merger approvals and enhance the bank’s reputation among customers and investors. The designation also highlights ONB’s leadership in meeting the credit, investment, and service needs of underserved neighborhoods.
By achieving the highest CRA rating, Old National Bancorp demonstrates that its community‑focused strategy is translating into measurable outcomes, reinforcing its position as a trusted financial partner in the regions it serves.
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