Old National Acquires 24 Bank Of America Branches

Posted by Orb Staff on January 09, 2013 No Comments
Categories : Residential Mortgage

13055_bank_of_america Old National Acquires 24 Bank Of America Branches Evansville, Ind.-based Old National Bancorp has announced that its bank subsidiary, Old National Bank, entered into a purchase and assumption agreement to acquire 24 retail bank branches of Bank of America. The branches are located in northern Indiana and southwest Michigan.

‘This acquisition allows us to accelerate our growth market expansion strategy and strengthens our commitment to our current clients in the Michiana area by providing an enhanced network of banking centers and continued unparalleled client care,’ says Old National Bancorp President and CEO Bob Jones. ‘It also allows us to fulfill our previously stated desire to expand our franchise into Southwest Michigan communities.’

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