ONB Old National Bancorp

Old National Bank expands into Metro Detroit market

Old National Bank expands into Metro Detroit market

EVANSVILLE, Ind., March 09, 2023 (GLOBE NEWSWIRE) -- Old National is expanding into the Metro Detroit market. Old National has secured office space in the Liberty Center building in Troy, Mich., which will house the Metro Detroit commercial banking team.

The team will be led by Rick Hampson who will serve as the Metro Detroit Market President. He joins Old National with 27 years of commercial banking experience in large corporate syndicated banking and middle market banking. Hampson will report to George Bailey, Old National’s Michigan State Executive.

“We are excited about Old National's expansion into Metro Detroit, and we have a very experienced and dynamic team to help us lead the way," said Jim Sandgren, CEO Commercial Banking. “Old National is already very strong in other Michigan markets, and this group can certainly take us to the next level in establishing a commercial presence in this important growth market."

Old National’s Metro Detroit team includes:

  • Rick Hampson – Metro Detroit Market President
  • Andrea Boucher - Commercial Real Estate Relationship Manager
  • Sarah Knapp – Specialty Lending Relationship Manager
  • Neran Shaya – Senior Housing Finance Relationship Manager
  • Adam Zale – Commercial Real Estate Underwriter
  • Daniel Zinser – Corporate Banking Relationship Manager
  • Kevin Goryl – Strategic Talent Sourcer

“What excites me most about this expansion is that we have the right team and relationships in place to serve this important market,” added Bailey. “This builds upon the great work we are doing with our clients throughout Michigan, and the move into Metro Detroit represents a natural growth progression for the bank.”

About Old National

Old National Bancorp (NASDAQ: ONB) is the holding company of Old National Bank, which is the sixth largest commercial bank headquartered in the Midwest. With approximately $47 billion of assets and $28 billion of assets under management, Old National ranks among the top 35 banking companies headquartered in the U.S. Since its founding in 1834, Old National Bank has focused on community banking by building long-term, highly valued partnerships with clients and in the communities it serves. In addition to providing extensive services in retail and commercial banking, Old National offers comprehensive wealth management, investment, and capital market services. For more information and financial data, please visit Investor Relations at oldnational.com.

CONTACT

Jamie Guise

734-780-2853



EN
09/03/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Old National Bancorp

 PRESS RELEASE

Old National Bancorp Announces Increases to Quarterly Common Stock Div...

Old National Bancorp Announces Increases to Quarterly Common Stock Dividend and Share Repurchase Program EVANSVILLE, Ind., Feb. 19, 2026 (GLOBE NEWSWIRE) -- Old National Bancorp (the “Company” or “Old National”) today announced that its Board of Directors increased the quarterly cash dividend on the Company’s outstanding shares of common stock by 3.6% to $0.145 per share. This quarterly cash dividend will be payable on March 16, 2026, to shareholders of record as of the close of business on March 5, 2026. In addition, the Board of Directors declared a quarterly cash dividend of $17.50 ...

 PRESS RELEASE

Old National Bank, Axletree Solutions Partnership Finalizes Critical S...

Old National Bank, Axletree Solutions Partnership Finalizes Critical Swift Architecture, Achieves ISO 20022 Compliance for 2026 Real-time payment tracking, end-to-end security, and an increased competitive position in international banking among the results EVANSVILLE, Ind., Feb. 10, 2026 (GLOBE NEWSWIRE) -- Old National Bancorp (“Old National”) and Axletree Solutions (“Axletree”) today announced the completion of a partnership to, through the implementation of Symmetree by Axletree®, host Old National’s updated SWIFT (Society for Worldwide Interbank Financial Telecommunication) archite...

 PRESS RELEASE

Old National Names Joe Chasteen Chief Revenue Enablement Officer

Old National Names Joe Chasteen Chief Revenue Enablement Officer EVANSVILLE, Ind., Feb. 06, 2026 (GLOBE NEWSWIRE) -- Old National Bancorp (“Old National”) has appointed Joe Chasteen to the role of Chief Revenue Enablement Officer, a newly-created strategic leadership position focused on organic growth and revenue generation. Chasteen brings more than 27 years of business banking and enterprise leadership experience to Old National, previously holding senior roles at several large financial institutions across the country. Across those organizations Joe has led large teams spanning multip...

 PRESS RELEASE

Old National Receives 2026 Trust in Banking Award

Old National Receives 2026 Trust in Banking Award EVANSVILLE, Ind., Jan. 22, 2026 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Old National Bancorp (“Old National”) has been named the recipient of the “Customer Confidence Award” as part of Quavo’s 2nd annual Trust in Banking Awards for 2026. The award recognizes the bank with the highest satisfaction rate for client dispute resolution management. “We’re honored to bestow the Customer Confidence Award to Old National, whose excellence in fair dispute decisions demonstrates a clear commitment to fostering trust and delivering a superior experience ...

 PRESS RELEASE

Old National Bancorp Reports Fourth Quarter and Full-Year 2025 Results

Old National Bancorp Reports Fourth Quarter and Full-Year 2025 Results EVANSVILLE, Ind., Jan. 21, 2026 (GLOBE NEWSWIRE) -- Old National Bancorp (NASDAQ: ONB) reports 4Q25 net income applicable to common shares of $212.6 million, diluted EPS of $0.55; $241.0 million and $0.62 on an adjusted1 basis, respectively. Full-year net income applicable to common shares of $653.1 million, diluted EPS of $1.79; $808.6 million and $2.21 on an adjusted1 basis, respectively. CEO COMMENTARY: "Old National’s strong fourth quarter earnings punctuate an exceptional year that set new organizational records f...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch