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Six Myths Surrounding The 2021 Employee Retention Tax Credit
Businesses around the country have been slow to evaluate, or quick to assume they are ineligible for, the 2021 Employee Retention Credit (“ERC”). The result: a significant amount of cash is still being paid to the Federal government when it could remain with companies that need it. In 2021 the maximum amount of ERC is
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Strengthening our communities through volunteerism
By Kathy Schoettlin Chief Communications, Culture and Social Responsibility Officer Throughout our nearly 190-year history, Old National has
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What is the difference between available balance and current balance on my account?
Your Current Balance shows the amount of money in your account at the end of the previous day (after deposits, withdrawals, and ATM and debit card transactions). This includes only transactions that have cleared.
Your Available Balance is your Current Balance minus any holds, uncollected deposits and transactions received but not yet processed by Old National, which may include certain ATM or debit card transactions. It also does not include checks you have written but have not been presented by the recipients.
Please refer to our Deposit Account Agreement and Disclosure for more information about the timing and order of transactions we use to calculate your account balance at the end of each day.
If you have questions, please call Client Care at 1-800-731-2265 or visit any Old National banking center.
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How can I cancel my electronic mortgage statement and receive a paper one by mail?
You have two options for cancelling electronic mortgage statements.
First, you can de-activate electronic mortgage statements within Mortgage Manager. Just follow these steps:
- Log into Old National Online Banking with your usual User ID and Password
- From the summary of accounts, select your Mortgage Loan
- This will take you to your Old National Mortgage Loan detail page
- Hover over Statements and Documents and select Electronic Mortgage Statements
- Select Change Delivery Preferences
- Then select Paper Mortgage Statements
- Finally, select Save
Your other option is to call or e-mail Mortgage Servicing at 1-812-468-1800 or mortops@oldnational.com to request the change.
If you change your mind at any time and would like to resume receiving electronic statements, you can re-activate this service in Mortgage Manager or call us.
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How do I set up and use Card Controls in the Mobile App?
Card Controls enable you to monitor debit card activity, receive alerts for certain types of transactions and turn your card off/on in the event that it is lost or stolen.
After logging in to the Mobile App, go to More on the lower right of the Accounts screen. On the Account Services screen, select Card Controls.
You will then see a list of your debit cards. Active debit cards which are available for Card Controls use are by default set to "ON" the first time you view them. Suspended cards which are not available for Card Controls are displayed as “OFF.”
Setting Card Controls to "ON" or "OFF"
- Next to Card Status, use the ON/OFF toggle to set the debit card status as being active or suspended.
- Setting the card status to “OFF” suspends all activity on the debit card. The status must be set to “ON” to use the card.
- A debit card must be in “Active” status to add Declines and Alerts.
Setting debit card Alerts & Controls
- Choose the debit card you want to set, make sure the Card Status is set to Active/ON and select the Set Declines and Alerts button.
- The Set Declines and Alerts screen will open with three options:
- Send Alerts for all transactions, next to a toggle bar
- Transaction Type
- Spend Limits
- Next to Send Alerts for all transactions, you can set the toggle to ON to receive Alerts for all transaction types: purchase, ATM, Internet Purchase, Mail/Telephone Order, or Non-US Purchase.
- To set up an Alert for a specific Transaction Type only, choose Transaction Type for a list of options. Tap the option(s) for which you want to receive an Alert. Set the Send Alerts option to ON. When an Alert is turned on, you will see a blue bell next to it.
- When a transaction is set to ON, EVERY transaction of that type on the debit card will trigger an Alert.
Declining debit card transactions
- Choose the debit card you want to set, make sure the Card Status is set to Active/ON and select the Set Declines and Alerts button.
- To decline a specific Transaction Type, tap Transaction Type for a list of options. Tap each option you want to block and next to Decline Transaction set the toggle to BLOCK. Note: If the Decline Transaction toggle is set to BLOCK, an Alert will automatically be sent.
- When a transaction is set to BLOCK, EVERY transaction of that type on the debit card will be declined/blocked.
Setting Spend Limits
- When Spend Limits are set on your debit card, transactions made over a certain amount will be declined. To set up Spend Limits, select the Spend Limits option.
- Turn on the Spend Limit by toggling to BLOCK and enter the maximum dollar amount to allow. ANY debit card transaction that is more than the dollar amount entered will be blocked/declined.
- To Block transactions over a dollar amount AND receive an Alert, go to Alert Me and set the toggle to ALERT. Enter the minimum dollar amount for which you want to receive an Alert.
- You can Block a certain dollar amount but be Alerted for a different dollar amount. For example, you can set up your card to BLOCK transactions over $200 but set up an Alert to go out anytime a transaction is made for over $100.
A note about Email vs. Text Alerts
Card Controls Alerts are emailed to the email address you have listed in Online Banking under Notifications and Settings on the Alerts & Notifications screen. If you also have a phone number set up to receive Text Alerts, you will receive Card Controls Alerts by text too. There is not a way to turn off the email alerts. You can turn off Text Alerts by logging in to Online Banking from a browser and removing your phone number from the Alerts & Notification screen, but this will turn off ALL Text Alerts and not just Card Controls Alerts. -
Equipment Leasing and Finance Association Announces Top 10 Equipment Acquisition Trends for 2019
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Five Ways Minority- and Women-Owned Businesses Can Get the Capital They Need
As pandemic-related recovery continues, minority-owned and women-owned businesses have faced an extra set of hurdles. There is more funding these days thanks to grants and programs. Get advice for accessing the funds you need to support business growth and expansion
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How 2-3 years is the danger spot for losing employees, and how company culture impacts retention
In the American workforce as a whole, only 5-6% of workers are currently in the 2-3 year mark at their current job – a critical period for your
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How Businesses Should (And Should Not) Use AI: A Strategic Blueprint
Learn the dos and don'ts of using AI as a strategic tool for your business.
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How Companies Can Push Past Diversity, Equity, and Inclusion Lip Service to Enact Meaningful Change
Get started with these five strategies. The social justice protests of recent years spurred many companies to make public statements supporting