Old National Bancorp (NYSE: ONB) Selects FileTrail for Mortgage Tracking
Friday, April 11, 2008
Old National Bancorp (NYSE: ONB) has selected FileTrail as its file tracking solution for mortgage loans. ONB is migrating from an internally-developed Oracle system to FileTrail utilizing a SQL Server 2005 database. FileTrail will track and manage file folders supporting almost 500,000 mortgage loans, and manage over 1 million critical documents.
In 2006 FileTrail implemented a solution for mortgage tracking at American General Financial Services [AGFS], a member of American International Group, Inc. (NYSE: AIG), also in Evansville, Indiana. The results achieved by FileTrail at AGFS contributed to the selection of FileTrail by ONB.
About ONB
With assets at $7.8 billion, Old National Bancorp is the largest financial holding company headquartered in Indiana. From its initial acquisition in 1985, Old National has expanded its traditional community-banking heritage into a multi-state financial services company. Old National boasts a history of solid performance as a result of the company’s unfailing commitment to meeting the diverse needs of its customers, employees, and shareholders.
Headquartered in Evansville, Indiana, Old National Bancorp owns multiple financial services operations in Indiana, Illinois, and Kentucky. The company provides a comprehensive range of financial services including commercial and retail banking, trust, brokerage, correspondent banking, and insurance. The company's stock trades on The New York Stock Exchange under the symbol ONB.