Pricing Supplement No. 15  Filing under Rule 424(b)(2) 
Dated: June 29, 1995       with respect to Registration Statement No. 33-55222
                                                               
(To Prospectus dated December 11, 1992 and
Prospectus Supplement dated December 11, 1992)
                                                               
CUSIP No. 68003QAQ9
                                                               
                           $50,000,000

                       OLD NATIONAL BANCORP

                    MEDIUM-TERM NOTE, SERIES A

         Principal amount:  $18,000,000
         Interest Rate (if fixed rate):  6.94%
         Stated Maturity:  July 5, 2002
         Specified Currency:  U.S. Dollars
         Applicable Exchange Rate (if any):  N/A
         Issue price (as a percentage of
           principal amount):  A/S
         Selling Agent's Commission (%):  0.60%
         Purchasing Agent's discount
           or commission (%):  N/A
         Net proceeds to the Company:  $17,892,000
         Settlement date (original issue date):  July 5, 1995
         Redemption Commencement Date (if any):  N/A 
         Redemption prices (if any):  N/A  


     If such Notes are denominated in other than U.S. dollars, the applicable 
Foreign Currency Supplement is attached hereto.

     Additional terms: N/A

     As of the date of this Pricing Supplement, the aggregate initial public 
offering price (or its equivalent in other currencies) of the Debt Securities 
(as defined in the Prospectus) which have been sold (including the Notes to 
which this Pricing Supplement relates) is $50,000,000.

     "N/A" as used herein means "Not Applicable."  "A/S" as used herein means 
"as stated in the Prospectus Supplement referred to above."

                       GOLDMAN, SACHS & CO.

     The Commissioner of Insurance of the State of North Carolina has not 
approved or disapproved this offering nor has the Commissioner passed upon the 
accuracy or adequacy of this Prospectus.