M&A Deal Summary

Old National Bank Acquires Integra Bank - Wealth Management and Trust Division

On April 11, 2011, Old National Bank acquired financial services company Integra Bank - Wealth Management and Trust Division from Integra Bank N.A.

Acquisition Highlights
  • This is Old National Bank’s 9th transaction in the Financial Services sector.
  • This is Old National Bank’s 12th transaction in the United States.
  • This is Old National Bank’s 7th transaction in Indiana.

M&A Deal Summary

Date 2011-04-11
Target Integra Bank - Wealth Management and Trust Division
Sector Financial Services
Buyer(s) Old National Bank
Sellers(s) Integra Bank N.A.
Deal Type Divestiture

Target

Integra Bank - Wealth Management and Trust Division

Evansville, Indiana, United States
Integra Bank - Wealth Management and Trust Division comprises Integra's wealth management and trust clients.

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Buyer(S) 1

Buyer

Old National Bank

Evansville, Indiana, United States

Category Company
Founded 1834
Sector Financial Services
Employees3,955
Revenue 1.8B USD (2023)
DESCRIPTION

Old National Bank is a financial services holding company. Old National Bank was founded in 1834 and is based in Evansville, Indiana.


DEAL STATS #
Overall 12 of 20
Sector (Financial Services) 9 of 17
Type (Divestiture) 2 of 3
State (Indiana) 7 of 10
Country (United States) 12 of 20
Year (2011) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-10-06 Monroe Bancorp.

Bloomington, Indiana, United States

Monroe Bancorp. is a provider of financial, trust and investment services through its locations in central and south central Indiana.

Buy $90M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-02 Old National Bank Chicago Deposits & Plainfield South facility

United States

Old National Bank, Chicago Deposits & Plainfield South facility comprises a facility and bank deposits worth $185 million. The deposits are located in Bridgeview, Mokena, and Plainfield, Illinois. The facility is located Plainfield, Illinois.

Sell -

Seller(S) 1

SELLER

Integra Bank N.A.

Evansville, Indiana, United States

Category Company
Founded 1850
Sector Financial Services
DESCRIPTION

Integra Bank N.A. is a provider of banking services and products to business and individuals. The bank also provides telephone and online banking, and bill paying services. It serves retail, small business, and corporate customers through its network of banking centers, automated teller machines, and online banking services.


DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Divestiture) 1 of 1
State (Indiana) 1 of 1
Country (United States) 1 of 1
Year (2011) 1 of 1