Credit Ratings

Ratings Details

  Moody's
Long-Term Issuer1 Baa1  NEG 5/27/25

Issuer Ratings is Moody’s only. A security rating is not a recommendation to buy, sell or hold securities and should be evaluated independently of any other rating. The rating is subject to revision or withdrawal at any time by the assigning rating organization.

 

Subsidiaries

  Moody's
Old National Bank  
Certificate of Deposit2 A1 NEG/P-1  5/27/25

Issuer Ratings is Moody’s only. A security rating is not a recommendation to buy, sell or hold securities and should be evaluated independently of any other rating. The rating is subject to revision or withdrawal at any time by the assigning rating organization.

 

Ratings Scale

Long-Term Ratings

Moody's
Highest Quality (P)Aaa Aaa
High Quality
Aa1 (P)Aa1 (P)Aa2 Aa2 Aa3 (P)Aa3
Upper-Medium Quality (P)A1 A1 A2 (P)A2 (P)A3 A3
Medium-Grade Quality Baa1 (P)Baa1 (P)Baa2 Baa2 Baa3 (P)Baa3
Substantial Risk (P)Ba1 Ba1 Ba2 (P)Ba2 (P)Ba3 Ba3
High Risk B1 (P)B1 (P)B2 B2 B3 (P)B3
Very High Risk (P)Caa1 Caa1 Caa2 (P)Caa2 (P)Caa3 Caa3
Highly Speculative (P)Ca Ca
Default C (P)C

 

Short-Term Ratings

Moody's
Superior (P)MIG 1 (P)P-1 (P)VMIG 1 MIG 1 P-1 VMIG 1
Strong VMIG 2 P-2 MIG 2 (P)VMIG 2 (P)P-2 (P)MIG 2
Acceptable (P)MIG 3 (P)P-3 (P)VMIG 3 MIG 3 P-3 VMIG 3
Not Prime NP (P)NP

 

Financial Strength Ratings

Moody's
Exceptional Security Aaa
Excellent Security Aa1 Aa2 Aa3
Good Security A1 A2 A3
Adequate Security Baa1 Baa2 Baa3
Questionable Security Ba1 Ba2 Ba3
Poor Security B1 B2 B3
Very Poor Security Caa1 Caa2 Caa3
Extremely Poor Security  Ca C
 
Issuer Ratings is Moody’s only. A security rating is not a recommendation to buy, sell or hold securities and should be evaluated independently of any other rating. The rating is subject to revision or withdrawal at any time by the assigning rating organization.