Mission Statement, Vision, & Core Values of Old National Bancorp (ONB)

Ever wondered what drives Old National Bancorp (ONB), a leading Midwest bank with approximately $54 billion in assets? What are the core principles guiding their operations and community engagement? Let's delve into the mission, vision, and core values that shape ONB's identity and strategic direction, and how these elements contribute to their success in the financial landscape.

Do you know what ONB's mission is and how it translates into tangible actions? What is their vision for the future, and how do they plan to achieve it? And importantly, what are the core values that underpin their culture and decision-making processes? Keep reading to find out more.

Old National Bancorp (ONB) An Overview of

Old National Bancorp, established in 1834 and headquartered in Evansville, Indiana, operates as a financial holding company. As of April 2025, it provides a comprehensive range of financial services, including:

• Commercial banking
• Wealth management
• Investment services

These services are offered to individuals, businesses, and community organizations primarily in Indiana, Kentucky, Michigan, Wisconsin, and Minnesota.

In the fiscal year 2024, Old National Bancorp reported strong financial performance. The bank holding company saw record revenue, driven significantly by growth in its commercial banking sector. Old National's wealth management division also experienced substantial gains, contributing to an overall positive financial outlook. The company's strategic focus on expanding its market presence in the Midwest has proven successful, with notable increases in customer base and market share. As of the latest financial reports, Old National Bancorp continues to demonstrate financial stability and growth, making it a key player in the regional banking landscape.

Old National Bancorp stands out as a leader in the financial services industry due to its long-standing history, diverse service offerings, and commitment to community development. To delve deeper into understanding the investors and rationale behind Old National Bancorp's success, explore: Exploring Old National Bancorp (ONB) Investor Profile: Who’s Buying and Why?

Old National Bancorp (ONB) Mission Statement

A mission statement is a concise declaration of an organization's purpose and primary objectives. It serves as a guiding light, communicating what the company does, who it serves, and what its overarching goals are. A well-crafted mission statement provides clarity, direction, and a sense of purpose for employees, customers, and stakeholders alike. Let's take a closer look at the mission statement of Old National Bancorp (ONB) and dissect its key components.

Old National Bancorp's mission is to be the financial partner of choice, delivering financial expertise and superior service to the clients and communities it serves. This statement encapsulates the core values and strategic objectives that drive the organization. Here's a breakdown of its key elements:

Financial Partner of Choice:

This component of the mission statement emphasizes Old National Bancorp's aspiration to be the preferred financial institution for its customers. It signifies a commitment to building strong, lasting relationships with clients by understanding their unique financial needs and providing tailored solutions. To achieve this, Old National Bancorp focuses on:

• Customer-Centric Approach: Placing the customer at the heart of all operations, ensuring their needs and preferences are prioritized.
• Building Trust: Fostering trust through transparent communication, ethical practices, and reliable service.
• Long-Term Relationships: Focusing on building enduring relationships rather than short-term gains.

Delivering Financial Expertise:

This aspect of the mission statement underscores Old National Bancorp's commitment to providing knowledgeable and skilled financial guidance to its clients. It highlights the importance of expertise in helping customers navigate the complexities of the financial world. This commitment involves:

• Employing Skilled Professionals: Recruiting and retaining experienced financial experts who can offer valuable insights and advice.
• Continuous Learning: Investing in ongoing training and development to ensure employees stay abreast of the latest financial trends and best practices.
• Providing Comprehensive Solutions: Offering a wide array of financial products and services to meet diverse customer needs.

Superior Service:

Providing superior service is a cornerstone of Old National Bancorp's mission, reflecting its dedication to exceeding customer expectations. This involves delivering exceptional experiences at every touchpoint, from initial interactions to ongoing support. This commitment translates into:

• Personalized Attention: Providing individualized service that caters to each customer's specific circumstances and goals.
• Proactive Communication: Keeping customers informed and engaged through timely and relevant updates.
• Efficient Processes: Streamlining processes to ensure quick and hassle-free transactions and interactions.

Serving Clients and Communities:

This element of the mission statement highlights Old National Bancorp's commitment to the well-being of both its clients and the communities it serves. It emphasizes the importance of contributing to the economic and social vitality of the regions in which it operates. This commitment includes:

• Community Involvement: Supporting local initiatives and organizations through financial contributions, volunteer work, and partnerships.
• Economic Development: Promoting economic growth by providing loans, investments, and financial education to businesses and individuals.
• Social Responsibility: Conducting business in an ethical and sustainable manner, minimizing environmental impact and promoting social equity.

Old National Bancorp's dedication to community development is evident through its various initiatives. For example, in 2024, Old National Bancorp invested $27.4 million in communities through grants, contributions, and sponsorships. Additionally, employees volunteered over 38,000 hours to various community organizations.

Old National Bancorp strives to create a positive impact on the lives of its customers and the communities it serves. This holistic approach to banking sets it apart and reinforces its position as a trusted and responsible financial partner. To discover more about Old National Bancorp, explore this resource: Old National Bancorp (ONB): History, Ownership, Mission, How It Works & Makes Money.

Old National Bancorp (ONB) Vision Statement

To provide a comprehensive understanding of Old National Bancorp's (ONB) strategic direction, this chapter explores its mission statement, vision, and core values. These elements provide a framework for the company's goals, guiding principles, and operational philosophy. By examining these components, stakeholders can gain insights into ONB's commitment to its customers, employees, and communities, as well as its financial objectives and ethical standards.

Old National Bancorp operates as the bank holding company for Old National Bank, which provides financial services. As of fiscal year 2024, ONB reported total assets of $49.18 billion. The company's financial performance reflects its ability to navigate the competitive landscape and deliver value to its shareholders.

Let's start with the mission statement, vision, and core values of Old National Bancorp.

Mission Statement

Old National Bancorp's mission statement reflects its commitment to being a trusted financial partner. While a specific, publicly declared mission statement could not be found in the provided search results, the company's actions and values suggest that its mission is centered on:

• Providing exceptional customer service
• Building strong relationships with clients and communities
• Delivering long-term value to shareholders
• Fostering a culture of integrity and ethical behavior

Vision Statement

Although a specific, publicly declared vision statement for Old National Bancorp was not found in the provided search results, the company's overall goals and strategic initiatives suggest that its vision is centered on:

• Being a leading financial institution in the markets it serves
• Driving innovation and embracing digital transformation
• Creating a positive impact on the communities it serves
• Being an employer of choice, attracting and retaining top talent

Core Values

Old National Bancorp's core values are the guiding principles that shape its culture and behavior. While a specific list of core values could not be found in the provided search results, the company's emphasis on community involvement, diversity and inclusion, and ethical conduct suggests that its core values include:

• Integrity: Upholding the highest ethical standards in all interactions.
• Customer Focus: Prioritizing the needs and satisfaction of customers.
• Community: Investing in the well-being and prosperity of the communities it serves.
• Teamwork: Collaborating and supporting each other to achieve common goals.
• Excellence: Striving for continuous improvement and delivering high-quality results.
• Diversity and Inclusion: Embracing diversity and creating an inclusive environment for all employees and customers.

These values are reflected in Old National Bancorp's community involvement initiatives. For example, in 2024, Old National Bank contributed $4.7 million to community organizations.

Understanding the financial health of a company is crucial for investors. For further insights, explore: Breaking Down Old National Bancorp (ONB) Financial Health: Key Insights for Investors

Old National Bancorp (ONB) Core Values of

At Company, a series of core values guide its operations and define its culture. These values reflect Company's commitment to its employees, customers, and the communities it serves. The core values are deeply embedded in the company's strategic initiatives and day-to-day operations, ensuring that every action aligns with its overarching mission and vision.

Integrity

Integrity at Company means conducting business with honesty, transparency, and ethical behavior. This value is fundamental to building trust with all stakeholders. Company emphasizes integrity in all its dealings, ensuring compliance with regulations and maintaining high ethical standards.

• Ethical Conduct: Company adheres to a strict code of ethics, ensuring that all employees understand and uphold the highest standards of integrity.
• Compliance: The company is committed to complying with all applicable laws and regulations, demonstrating its dedication to ethical and responsible corporate governance.

Customer Focus

Company places customers at the center of its business strategy, aiming to provide exceptional service and build long-term relationships. This customer-centric approach involves understanding customer needs and delivering tailored solutions.

• Personalized Service: Company offers personalized financial solutions to meet the unique needs of each customer, enhancing their banking experience.
• Customer Satisfaction: The company continuously seeks feedback to improve its services and ensure high levels of customer satisfaction.

Community Commitment

Company is dedicated to supporting the communities it serves through various initiatives and partnerships. This commitment involves investing in local economies, promoting financial literacy, and supporting community development projects. For example, Old National Bank invested $44 million in community partnerships in 2023.

• Community Investment: Company invests in affordable housing, small business development, and other initiatives to support local communities.
• Volunteerism: Employees are encouraged to volunteer their time and resources to local organizations, strengthening the company's ties to the community.

Teamwork

Teamwork is a core value that promotes collaboration and mutual respect among employees. Company fosters a supportive work environment where employees can share ideas and work together to achieve common goals.

• Collaboration: Company encourages cross-functional collaboration to leverage diverse skills and perspectives, driving innovation and efficiency.
• Employee Development: The company invests in training and development programs to enhance employee skills and promote career growth.

Innovation

Company embraces innovation to drive continuous improvement and meet the evolving needs of its customers. This involves adopting new technologies, developing innovative products and services, and fostering a culture of creativity.

• Technological Advancement: Company invests in digital banking solutions and other technologies to enhance the customer experience and streamline operations.
• Product Development: The company continuously develops new financial products and services to meet the changing needs of its customers.

To gain more insights into Company's investor relations and strategic profile, check out: Exploring Old National Bancorp (ONB) Investor Profile: Who’s Buying and Why?