EVANSVILLE, Ind., Oct. 11, 2005 (PRIMEZONE) -- Old National Bancorp (NYSE:ONB) announced today that it officially sold all five of its financial centers in Clarksville, Tennessee, to Greene County Bank, a subsidiary of Greene County Bancshares, Inc. (Nasdaq:GCBS) on October 7, 2005. Greene County Bank, based in Greeneville, Tennessee, has purchased the deposits, facilities and certain loans of Old National Bank's Clarksville financial centers.
With $8.7 billion in assets, Old National Bancorp is the largest financial services holding company headquartered in Indiana and ranks among the top 100 banking companies in the United States. Since its founding in Evansville in 1834, Old National has focused on community banking by building long-term, highly valued relationships with clients in its primary footprint of Indiana, Illinois and Kentucky. Focused on exceeding client expectations, the Old National team of financial professionals provides a broad range of services including retail and commercial banking, wealth management, insurance, and brokerage. For more information and financial trend data, please visit the company's website at www.oldnational.com.