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Does Your Portfolio Fit Your Retirement Lifestyle?
Most portfolios are constructed based on an individual's investment objective, risk tolerance, and time horizon.
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5 Types of Loans to Consider For Your Small Business
Loans are a viable option for small businesses to access finance. Banks, credit unions, and other financial institutions frequently provide these loans, which can be put toward everything from merchandise and equipment to real estate and even serve as a lifeline for cash flow in times of expansion and contraction. 5 Ty
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Fed leaves interest rates unchanged, signals it will pause through 2020
The Federal Reserve left borrowing costs unchanged at its last policy meeting of the year on Wednesday. Policymakers signaled that they saw little to no need to boost the economy further anytime soon. The pause is likely to draw ire from President Donald Trump, who has regularly pressured the policy-setting Federal Ope
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Real Estate Investing: 3 Mistakes I'd Warn Every New Investor About
Investing in real estate isn't for the faint of heart. There are risks associated with owning properties that it's important to be aware of. If you're
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Travel Trends You Can Expect This Summer
As the summer travel season gears up, affordability is a major priority this year, as economic uncertainties are causing Americans to tighten their vacation budgets, if they travel at all.
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ONB Student Checking
Old National offers students a checking account with no minimum balance and no monthly fee. For busy students under 25, this account lets you bank on the move!
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ONB EZ Access Account
Old National Bank offers a checkless account that skips overdraft fees. Our EZ Access Account has no minimum balance requirements and includes a debit card.
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Roland B. Shelton
Roland B. Shelton is Chief Strategic Business Partnership Officer at Old National.
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Why is LIBOR being discontinued?
LIBOR was introduced in the 1980’s as a benchmark interest rate that was intended to reflect banks’ average cost of short-term, wholesale unsecured borrowing. Over time, and particularly during the financial crisis that began in 2007, banks became less and less reliant on inter-bank lending. As a result, the number and dollar volume of transactions from which LIBOR was derived declined dramatically. To make up for this shortfall, LIBOR panel banks resorted to using “expert judgment” when submitting various rates used in calculating LIBOR. This left it susceptible to manipulation and fraud.
In 2017, the UK Financial Conduct Authority (FCA), the regulator for LIBOR, announced that after December 31, 2021, the panel banks would no longer be required to submit settings for LIBOR. (This has since been revised to June 30, 2023, for most LIBOR tenors.) This announcement effectively started the countdown to the end of LIBOR.
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How can I see when my homeowner's insurance is paid from my mortgage escrow?
You can find information about payments for your homeowner’s (hazard) insurance in Mortgage Manager, within Online and Mobile Banking. Our Guide to Accessing Mortgage Manager provides step-by-step directions.
To see the total amount paid on your behalf for the previous year or year-to-date, go to the top menu in Mortgage Manager and select My Loan. From the dashboard choose Document Center and then select Escrow report.
To find a specific payment amount during a time period you select, go to My Home on the top menu and choose Payment History. Select a date range to see what payments have been made during that time.