Old National Bank CD and money market rates
Old National Bank's Market Monitor advertises 3.85% APY on balances of $20,000 or more, and 0.05% below that. On a $10,000 balance the account earns 0.05% overall, about $5 in a year, which is 0.33 percentage points below the national savings average of 0.38% (FDIC, Oct 2026).
Old National Bank at a glance
| Savings | |
|---|---|
| Top savings APY | Up to 3.85% · Market Monitor · needs at least $20,000 |
| Minimum to open | $50 · Market Monitor |
| Against the national average | 3.47 percentage points above the 0.38% FDIC savings average (Oct 2026) |
| CDs | |
| Top CD APY | 4.15% · 11 months · 11-Month CD |
| Minimum to open | $500 · 11 months CD |
| Against the national average | 2.39 percentage points above the 1.76% FDIC 12-month CD average (Oct 2026) |
| Money market | |
| Top money market APY | Up to 3.85% · Market Monitor · needs at least $20,000 |
| Minimum to open | $50 · Market Monitor |
| Against the national average | 3.22 percentage points above the 0.63% FDIC money market average (Oct 2026) |
| FDIC certificate | 3832 · Evansville, IN |
|---|---|
| Website | www.oldnational.com |
| Branches | 360 branches across 10 states |
| Availability | Available in 10 states |
Old National Bank CD and money market rates
How the rate applies
Rates are annual percentage yields (APY). A variable rate may change after the account is opened. Fees could reduce the earnings on the account. A penalty may be imposed for early withdrawal.
The national savings average is 0.38% (FDIC, Oct 2026). The top tracked savings rate on Banksparency is 12.00%. Across 650 money market accounts from 581 banks in the Banksparency money market index, the median advertised rate is 1.18%, and one account in ten advertises 3.15% or more. See the highest savings rates.
Old National Bank CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| 11 months | 4.15% | $500 | 11-Month CD |
| 17 months | 4.15% | $500 | 17-Month CD |
What Old National Bank pays on deposits
FDIC call report data
An advertised rate tells you what a new savings account earns today. It cannot tell you how the bank has priced the savings and money market deposits it already holds, over time. This section shows that. The figure is computed from the interest expense and deposit balances that every bank files with the FDIC in the same form. That is what makes it comparable across banks and across quarters.
The two figures answer different questions, so they sit side by side and are not combined. The 3.85% needs a balance of at least $20,000. Below that, the account advertises 0.05%.
In Q2 2026, Old National Bank paid a higher average rate on savings and money market deposits than 85% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
- Old National Bank, savings and money market
- All-bank median
How to read these figures
What the average covers. It is an average across the whole bank, taken from its own quarterly FDIC call report. It covers savings accounts and money market deposit accounts, personal and business, at every balance tier. It also covers accounts that were opened years ago and keep the rate of those years. The FDIC line does not separate consumer accounts.
The second figure. The scale row also shows the average across all interest-bearing deposits: savings, interest checking, money market accounts, CDs, personal and business. That figure covers the whole deposit book. The two are shown separately and are not combined.
What the advertised rate covers. It is the rate that this bank advertises now for a new savings account. Banksparency records it from the bank's website on the date shown beside it.
Why the two differ. They measure different things, so this page shows them side by side and keeps them apart. An advertised rate applies to one account, opened now, at today's price. The average also includes older savings balances at the rates of earlier years, money market balances that were priced in a different rate environment, and business accounts. An average below an advertised rate is the usual result of that arithmetic. On its own it is not evidence about the account that you would open.
What the average is useful for. The bank files the data itself, under reporting instructions that are the same for every filer, and the same computation runs for every bank on this site. That makes it comparable in a way that an advertisement is not. Two things on this page read it: the percentile, which shows where the quarter sits among all filers, and the chart, which shows the direction the figure has moved across quarters.
What the average cannot tell you. It cannot tell you the rate that you would earn. No single customer earns the average. For your rate, read the advertised rate above and the rate tables on this page, each with the date it was observed.
What to do next. Use the advertised rate to work out what a new account earns. Use the chart to see how the quarterly average has moved against the all-bank median. Then compare the advertised rate against the current rates on the savings-rate tables before you open an account.
Definitions: Call Report · Rate Paid on Deposits · Interest-Bearing Deposits · Front Book and Back Book · Deposit Rate Percentile
Average annualized rates paid on savings and money market deposits, and on all interest-bearing deposits, quarterly. The FDIC line for savings includes money market deposit accounts and business savings deposits and does not separate consumer accounts. Source: FDIC call report data, as reported; it may be amended. The percentile compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated. The percentile counts the banks that paid strictly less on savings and money market deposits, one vote per bank, among the banks that reported a figure for the quarter.
So what is the catch?
| Product | APY | Min to open | Min to earn | Balance cap | Monthly fee | Requirements | Rate type | 12-mo trend |
|---|---|---|---|---|---|---|---|---|
| Market Monitor | Up to 3.85% | $50 | $0 | None | not stated | not stated | Tiered | |
| Fine print: The advertised rate requires $20,000 in new money, meaning funds not already on deposit at Old National, paid in within 15 calendar days of account opening. An account that misses that window is repriced to the standard Market Monitor rate plan. The rate is guaranteed through December 31, 2026. A $25 fee applies if the account is closed within 180 days. | ||||||||
Rate type: one rate applies at every balance. A tiered rate changes with your balance. A promotional rate changes after the period shown. A balance cap is the largest balance the highest rate applies to.
The 12-month trend shows the highest advertised rate observed each day and includes promotional tiers where one applied.
CDs
| Product | Term | APY | Min to open | Early withdrawal fee | Compounding |
|---|---|---|---|---|---|
| 11-Month CD | 11 months | 4.15% | $500 | not stated | not stated |
| Fine print: At maturity this certificate renews automatically as a 12-month certificate, on the terms the bank offers for that product at the time. | |||||
| 17-Month CD | 17 months | 4.15% | $500 | not stated | not stated |
| Fine print: At maturity this certificate renews automatically as an 18-month certificate, on the terms the bank offers for that product at the time. | |||||
Opening and using the account
| Availability | Available in 10 states |
|---|---|
| Footprint | 360 branches across 10 states |
| Eligibility | not stated |
How Old National Bank behaves over time
Recent rate changes, as observed
- Obs. Oct 2, 202611-Month CDRaise:4.00%to4.15%
- Obs. Oct 2, 202617-Month CDRaise:4.00%to4.15%
- 11 months CD
- The same as 30 days ago.
$10,000 in Old National Bank's Market Monitor earns 0.05% overall at the advertised rates, so it grows to $10,005 in a year. Prices rose 3.7% in the year to September 2026 (Consumer Price Index (CPI)). After a year of prices rising at that pace, it buys as much as $9,644 does today. See how the federal funds rate shapes savings rates.
Old National Bank CD rates over time
Who is Old National Bank?
| Headquarters | Evansville, IN |
|---|---|
| Founded | 1907 |
| Scale | $73.9B assets · $57.0B deposits, $43.4B of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 3832 |
| Charter state | Indiana · one of 88 insured banks chartered there (Q2 2026, FDIC) |
| Size | 41st-largest by deposits of 4,238 insured banks (Q2 2026, FDIC) |
| Deposit growth | Higher than at 48% of 4,226 insured banks over the four quarters to Q2 2026 (FDIC) |
Financial detail is in What Old National Bank pays on deposits above.
Common questions about Old National Bank
Is Old National Bank FDIC insured?
Yes. Old National Bank is FDIC insured under certificate 3832, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at Old National Bank?
Old National Bank requires a minimum deposit of $50 to open its Market Monitor account, as observed on Nov 2, 2026. Check the bank's current terms before you open an account.
Does the 3.85% apply to my whole balance?
The 3.85% needs a balance of at least $20,000. Below that, the account advertises 0.05%. Rates are as observed on Nov 2, 2026.
Does Old National Bank have branches?
Yes. Old National Bank operates 360 branches according to FDIC branch records, in addition to its website and mobile apps.
Old National Bank against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| Old National Bank | Up to3.85% | 2.53% | $50 | 360 branches across 10 states |
| Clinton Savings Bank | 3.85% | 0.73% | $100 | 9 branches in MA |
| Forbright Bank | 3.85% | 3.68% | $0 | 4 branches in MD |
| Iowa Trust & Savings Bank | 3.85% | 2.15% | $100 | 4 branches in IA |
Each savings APY is the top rate of the account the bank's own page leads with. Alternatives are the three tracked banks whose savings APY is closest to Old National Bank's.
Similar banks and related pages
Banks in the same rate band with the same product mix:
Other banks chartered in Indiana, nearest to Old National Bank in deposits:
Rate hubs: today's highest savings rates, CD rates by term, and money market rates.
State pages: CD rates in Indiana, money market rates in Indiana, banks in Indiana, and CD rates in Illinois.