Old National Bank to Assist in Tornado Relief for Vanderburgh and Warrick Counties

Beginning Monday, November 7, individuals wishing to assist in local Red Cross relief efforts for victims of today's tornado may make contributions to a designated account at any Old National Bank (NYSE:ONB) financial center.

Old National Bancorp President and CEO Robert G. Jones said that the company will define its contribution to the relief effort as the level of need becomes clear. "Old National Bank and our associates stand ready to assist the Red Cross, along with other public and private agencies, as they help our neighbors in Evansville, Newburgh and Degonia Springs," he explains.

"Nearly 20 of our associates have completed Red Cross 'After Help' training for Hurricane Katrina relief," he continues, "and we will release them, along with additional volunteers, to assist the agency on company time as they are needed for the relief effort here at home. This tragedy has touched us personally, as several associates have lost their homes, and we are determined to assist our communities and the individuals affected in every way possible."

With $8.5 billion in assets, Old National Bancorp (NYSE:ONB) is the largest financial services bank holding company headquartered in Indiana and ranks among the top 100 banking companies in the United States. Since its founding in Evansville in 1834, Old National has focused on community banking by building long-term, highly valued relationships with clients in its primary footprint of Indiana, Illinois and Kentucky. Focused on exceeding client expectations, the Old National team of financial professionals provides a broad range of services including retail and commercial banking, wealth management, insurance, and brokerage. For more information and financial trend data, please visit the company's website at www.oldnational.com.

What are people saying about mortgages today:

Rates on 30-year mortgages edged down last week to a seven-month low. Mortgage-giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages fell to 6.3 percent, down slightly from 6.31 percent two weeks ago. It put rates at the lowest level since they were at 6.24 percent the first week of March.

Bank of Hawaii, Central Pacific Bank, Territorial Savings Bank and Wells Fargo Home Mortgages all cut their 30-year mortgage rates to 5.75 percent this week.

Most people think of a mortgage as a means to an end. After all, you buy a house, not a home loan. But a mortgage is much more than the path to homeownership. It is a financial instrument that must be managed, just like any other financial investment.