Old National Again Named Among the 50 Most Community-Minded U.S. Companies by Points of Light

Rhea-AI Summary

Old National Bancorp (NASDAQ: ONB) has been recognized among 'The Civic 50' by Points of Light for the second consecutive year in 2025, distinguishing it as one of the nation's most community-minded companies. The bank's employees contributed over 67,000 volunteer hours in 2024, demonstrating strong community engagement. Old National, ranking as the fifth largest commercial bank in the Midwest with approximately $70 billion in assets and $37 billion in assets under management, has shown exceptional performance in corporate citizenship across four dimensions: resource investment, business integration, policy institutionalization, and impact measurement. The recognition highlights Old National's commitment to community service and social impact, placing it among the top 25 banking companies in the United States.

Positive

• Recognition as one of the 50 most community-minded companies in the US for second consecutive year
• Strong employee engagement with over 67,000 volunteer hours in 2024
• Substantial size with $70 billion in assets and $37 billion in assets under management
• Ranks among top 25 banking companies headquartered in the US

Negative

• None.

News Market Reaction

-1.70%

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-1.70% News Effect

On the day this news was published, ONB declined 1.70%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

EVANSVILLE, Ind., June 04, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – For the second consecutive year, Old National Bancorp (“Old National”) has been named by Points of Light as one of “The Civic 50” honorees for 2025. This annual designation is reserved for the 50 most community-minded companies in the nation.

A global nonprofit that inspires, equips and mobilizes people to take action that changes the world, Points of Light has recognized the 50 most community-minded companies in the nation every year since 2012. The Civic 50 award is based on employee volunteering, community investment, corporate citizenship and social impact programs.

“Our team members love rolling up their sleeves and making a difference in their communities, as evidenced by the more than 67,000 collective volunteer hours they logged in 2024,” said Jim Ryan, Old National Chairman and CEO. “Old National is honored to again be recognized by Points of Light as an organization that truly puts our values into action.”

Combined, The Civic 50 companies for 2025 have engaged more than 460,000 employees to volunteer more than 6.5 million hours in their communities. That's double the average for U.S. companies not in The Civic 50.

“In an ever-evolving landscape, companies are looking to ensure that they can meet the needs of their communities, customers, and stakeholders,” said Jennifer Sirangelo, President and CEO, Points of Light. “Companies like Old National are leading the way in showing how social impact benefits their employee’s well-being, strengthens the communities where they do business, and brings value and meaning to their work. Their efforts provide a model for others looking to bring the benefits of volunteering and social impact to their workforce, and they’re extremely deserving of this recognition.”

The Civic 50 honorees are companies with annual U.S. revenues of at least $1 billion. They are selected based on four dimensions of their corporate citizenship and social impact programs:

• Investment of resources and volunteerism
• Integration across business functions
• Institutionalization through policies and systems
• Impact measurement
  
  

You can click here for the full list of The Civic 50 honorees. Additionally, for more information and to view Old National’s latest Community Action Report, click here.

ABOUT OLD NATIONAL
Old National Bancorp (NASDAQ: ONB) is the holding company of Old National Bank. As the fifth largest commercial bank headquartered in the Midwest, Old National proudly serves clients primarily in the Midwest and Southeast. With approximately $70 billion of assets and $37 billion of assets under management (including Bremer Financial Corporation on a pro forma basis as of March 31, 2025), Old National ranks among the top 25 banking companies headquartered in the United States. Tracing our roots to 1834, Old National focuses on building long-term, highly valued partnerships with clients while also strengthening and supporting the communities we serve. In addition to providing extensive services in consumer and commercial banking, Old National offers comprehensive wealth management and capital markets services. For more information and financial data, please visit Investor Relations at oldnational.com. In 2025, Points of Light again named Old National as one of "The Civic 50" -- an honor reserved for the 50 most community-minded companies in the United States.

ABOUT POINTS OF LIGHT
Points of Light is a nonpartisan, global nonprofit organization that inspires, equips, and mobilizes millions of people to create positive change through volunteering and civic engagement. Through work with nonprofits, companies and social impact leaders, the organization galvanizes volunteers to meet critical needs in communities. As the world’s largest organization dedicated to increasing volunteer service, Points of Light engages more than 3.8 million volunteers across 32 countries. For more information, visit pointsoflight.org.

Investor Relations:
Lynell Durchholz
(812) 464-1366
lynell.durchholz@oldnational.com

Media Relations:
Rick Vach
(904) 535-9489
rick.vach@oldnational.com

An image accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8ef16551-151e-4885-a99d-ec031f84e1fe

FAQ

What recognition did Old National Bank (ONB) receive from Points of Light in 2025?

Old National Bank was named one of 'The Civic 50' by Points of Light for the second consecutive year, recognizing it as one of the 50 most community-minded companies in the United States.

How many volunteer hours did Old National Bank employees contribute in 2024?

Old National Bank employees logged more than 67,000 collective volunteer hours in 2024.

What are Old National Bank's (ONB) current assets and market position?

Old National Bank has approximately $70 billion in assets and $37 billion in assets under management, ranking as the fifth largest commercial bank headquartered in the Midwest.

What criteria were used to select Old National Bank for The Civic 50 award?

The selection was based on four dimensions: investment of resources and volunteerism, integration across business functions, institutionalization through policies and systems, and impact measurement.

How does Old National Bank's volunteer engagement compare to other companies?

As part of The Civic 50 companies, ONB contributes to the collective 6.5 million volunteer hours, which is double the average for U.S. companies not in The Civic 50.