Old National Bank Commits $500,000 to Nonprofits Chosen by the Community

Rhea-AI Summary

Old National Bank has launched its Choose Your Charity campaign, allowing communities in Illinois, Iowa, Northwest Indiana, and Southeast Wisconsin to vote for local nonprofits to receive a share of $500,000. Each participating organization could receive up to $15,000, with $5,000 going to leading vote recipients from each banking center and an additional $10,000 to the overall top vote recipient. Voting takes place daily until March 31, and is open to all community members, irrespective of their banking relationship with Old National. The initiative highlights the bank's commitment to supporting local causes.

Positive

• The campaign allocates $500,000 to local nonprofits, enhancing community engagement.
• Participating charities can receive up to $15,000, with $5,000 awarded to leading vote recipients.
• Voting is accessible to all community members, increasing participation.
• The initiative reinforces Old National's commitment to community support.

Negative

• None.

CHICAGO, March 13, 2023 (GLOBE NEWSWIRE) -- Today Old National Bank launched its Choose Your Charity campaign, which gives participating communities the opportunity to award local nonprofits with as much as $15,000. Voters in Illinois, Iowa, Northwest Indiana and Southeast Wisconsin will have the opportunity to choose a 501(c)3 organization to share in $500,000 of available funds provided by the bank.

“This campaign is a great example of our ‘better together’ philosophy,” said Jim Ryan, Old National Bank CEO. “We are thrilled to support local nonprofits in their important work, while also empowering our community members to tell us who most needs our support.”

Leading vote recipients from each banking center will receive $5,000 to help support their work in our communities, and the overall top vote recipient will receive an additional $10,000, for a total of $15,000. Participants may cast their vote once per 24-hour period by visiting http://www.oldnational.com/cyc until the contest closes on March 31^st. Voters do not need to have a business relationship with Old National to participate in the contest.

“This is our way of saying thank you to the nonprofits that serve our community,” said Mike Jamieson, Chicago Market President. “We have seen first-hand the impact these funds can have on our community, so we encourage everyone to vote for their favorite charity!”

About Old National

Old National Bancorp (NASDAQ: ONB) is the holding company of Old National Bank, which is the sixth largest commercial bank headquartered in the Midwest. With approximately $47 billion of assets and $28 billion of assets under management, Old National ranks among the top 35 banking companies headquartered in the U.S. Since its founding in 1834, Old National Bank has focused on community banking by building long-term, highly valued partnerships with clients and in the communities it serves. In addition to providing extensive services in retail and commercial banking, Old National offers comprehensive wealth management, investment, and capital market services. For more information and financial data, please visit Investor Relations at oldnational.com.

CONTACTS
Sarah Kinsella
779-341-6015
Sarah.kinsella@oldnational.com
or
Brittany Brown
773-765-7492
Brittany.brown@oldnational.com

FAQ

What is the Choose Your Charity campaign by ONB?

It is a campaign by Old National Bank that allows communities to vote for local nonprofits to award a total of $500,000.

When does the Choose Your Charity voting end?

Voting for the Choose Your Charity campaign ends on March 31.

How much can each nonprofit receive in the ONB campaign?

Each nonprofit can receive up to $15,000, with $5,000 for leading recipients and an additional $10,000 for the top vote recipient.

Who can vote in the Choose Your Charity campaign by Old National Bank?

Voting is open to all community members, regardless of their relationship with Old National Bank.

How can I participate in the ONB Choose Your Charity voting?

Participants can vote daily by visiting the dedicated campaign website.