Former Baltimore mayor ordered to repay $2 million business loan [CBS News]
Old National Bancorp (ONB)
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Source: CBS News
The court order comes after the lender, Old National Bank, sued the former mayor who was listed as a guarantor with Gulf Coast Technology Corporation, the consulting company that received the loan, according to T he Baltimore Banner. The loan was issued in November 2023 under a contract in which Rawlings-Blake said she would repay the loan if the consulting company did not. Court documents showed that the company at one point agreed to repay the loan in $28,000 monthly payments with a 3% interest rate, The Banner reported. According to the latest court order, issued on Jan. 22, 2025, Rawlings-Blake must repay the $2,109,114 loan along with the cost of the lawsuit and interest after Jan. 8 at a rate of $562.02 per day. Rawlings-Blake's Career in and out of office Rawlings-Blake served as mayor of Baltimore between 2010 and 2016. She took over after former Mayor Sheila Dixon resigned due to a scandal. At the time, Rawlings-Blake was praised for the smooth transition and her
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News
- Old National Bancorp (NASDAQ:ONB) was upgraded by analysts at UBS Group AG to a "hold" rating.MarketBeat
- Old National Bancorp (NASDAQ:ONB) is now covered by analysts at UBS Group AG. They set a "neutral" rating on the stock.MarketBeat
- Old National Bancorp (NASDAQ:ONB) had its "buy (b)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- MEET THE NEW SCC [Yahoo! Finance Canada]Yahoo! Finance Canada
- Old National Bank Celebrates Clients with Weeklong Appreciation Events and $10,000 Prize Drawing [Yahoo! Finance]Yahoo! Finance
ONB
Earnings
- 10/22/25 - Beat
ONB
Sec Filings
- 12/16/25 - Form 4
- 12/15/25 - Form 144
- 12/8/25 - Form 4
- ONB's page on the SEC website