Old National Bank accused of failing to properly investigate nearly $100K withdrawal from checking account

The brother of a woman who died last December is suing Indiana’s Old National Bank after he claims it failed to properly investigate the unauthorized, electronic withdrawal of more than $98,000 from his sister’s account.

Plaintiff Theodore F. Brady said his 84-year-old sister, Chicago resident Alice Kilheeney, conducted all of her banking in person and did not use online banking or electronic devices beyond a basic phone.

On Aug. 5, 2025, a bank representative asked Kilheeney and Brady, to come to the bank in person because Kilheeney’s account had been compromised. When Kilheeney was alive, Brady acted as her power of attorney and, upon her death, was named the administrator of her estate.

During that meeting, the two were told that between July 1 and July 18, 2025, $122,015.00 was transferred from Kilheeney’s savings account to her checking account, according to the lawsuit. After that, a total of $98,381 was taken from Kilheeney’s checking account and distributed to unknown third parties across several transactions.

Both Kilheeney and Brady informed the bank that they never consented to that money being moved within or from her accounts and disputed the withdrawal of money.

The Evansville-based bank denied their dispute, noting that Kilheeney had given her Social Security number to a fraudster, the lawsuit states. In denying her dispute, the bank held Kilheeney liable for the missing money.

Brady argues that his sister never conducted her banking online or used electronic devices, so she could not have given her personal information away.

Old National Bank does not comment on pending litigation, Christopher Griesmeyer, an attorney representing the bank, told The Indiana Lawyer. Attorneys for the plaintiff did not immediately respond to a request for comment.

Kilheeney died in December 2025. Brady continues to assert that Old National Bank failed to conduct a good faith investigation into how the money was pulled from his sister’s account. He also argues that Kilheeney’s estate is not legally responsible for the missing money.

He is suing the bank under the federal Electronic Funds Transfer Act.

The lawsuit was originally filed in June in the U.S. District Court for the Northern District of Illinois but was transferred to the Southern District of Indiana in September.

The case is Theodore F. Brady, as Independent Administrator of the Estate of Alice E. Kilheeney, Deceased v. Old National Bank, 3:26-cv-00210-RLY-CSW.