Old National Bank Review 2026

Old National Bank's Everyday Checking account charges a $7 monthly fee, waivable by maintaining a $500 minimum daily balance or receiving at least one qualifying direct deposit — a threshold lower than Chase Total Checking's $500 direct deposit requirement but higher than the $0 fee structure at Ally Bank or Discover Bank's Cashback Debit. The bank's Premium Checking account carries a $15 monthly fee waivable with a $5,000 combined balance. Overdraft fees are assessed at $32 per item, which is below the $35 charged by Wells Fargo and Bank of America but above the $0 overdraft fee model offered by Chime and Ally. Old National offers overdraft protection transfers from a linked savings account, reducing the per-transfer cost. CD rates and savings APYs at Old National consistently underperform online banks; its standard savings account has historically offered rates below 0.10% APY while high-yield competitors like Marcus by Goldman Sachs and Synchrony Bank offer rates exceeding 4.00% APY in comparable rate environments. Wire transfer fees are $25 for domestic outgoing wires, in line with regional bank peers like Regions Bank and Fifth Third Bank.

Old National Bank's mobile app is available on iOS and Android and supports mobile check deposit, bill pay, account-to-account transfers, Zelle integration, and card controls including the ability to lock and unlock a debit card. The app carries an Apple App Store rating of approximately 4.7 out of 5.0 and a Google Play rating of approximately 4.4 out of 5.0 as of mid-2025, placing it above many regional bank peers but below the 4.8+ ratings maintained by Chase Mobile and Capital One Mobile. Old National does not appear in the top tier of J.D. Power's U.S. Retail Banking Satisfaction Study for its primary Midwest markets, where it competes with Chase, Fifth Third Bank, and Huntington National Bank — all of which have received J.D. Power recognition in recent cycles. Online account opening is available for most personal checking and savings products. The bank's digital experience meets functional expectations for everyday banking tasks but lacks standout features such as automated savings tools, real-time spending categorization, or integrated financial planning, which are available through fintechs like SoFi and Chime.

Old National Bank does not operate a named, point-based loyalty rewards program for standard deposit customers in the manner of programs offered by U.S. Bank (U.S. Bank Smartly) or Truist (Truist One Banking). The bank's relationship benefits are delivered through tiered checking accounts: Premium Checking customers receive benefits including free standard checks, free domestic wire transfers, and fee waivers on safe deposit boxes when balance thresholds are met. Customers maintaining high combined deposit and loan balances may qualify for relationship pricing on mortgage rates and personal loans, though the bank does not publish a formal relationship rate discount schedule in the way that Bank of America's Preferred Rewards program does with explicit tiers at $20,000, $50,000, and $100,000 combined balances. Debit card spending does not earn cash back or points. For consumers who prioritize rewards on everyday debit or deposit balances, Old National's offering is limited compared to Discover Bank's 1% cash back debit card or the structured tier benefits at Bank of America.

Old National Bank operates more than 250 branch locations concentrated in Indiana, Illinois, Minnesota, Wisconsin, Michigan, and Kentucky, reflecting the combined footprint of Old National and First Midwest Bancorp post-merger. This branch density provides strong in-person access within those states but leaves the bank with no meaningful presence in the South, West, or Northeast, creating a significant coverage gap versus national banks like Chase (approximately 4,700 branches) or Wells Fargo (approximately 4,300 branches). Old National participates in the Allpoint ATM network, giving customers surcharge-free access to more than 55,000 ATMs globally — a competitive network size that matches or exceeds what regional peers like Heartland Bank and Busey Bank offer. The bank supports cash deposits at branch ATMs. Full-service mortgage lending, commercial banking, and financial advisory services require branch or relationship manager engagement in most cases, limiting fully remote accessibility for complex products. Customers in states outside the Midwest footprint cannot access branch services and must rely on digital and phone channels.