Associated Banc-Corp
TypePublic
NYSEASB
S&P 400 Component
IndustryFinancial Services, regional banks, Bank-holding Company
Founded1861
HeadquartersGreen Bay, Wisconsin, United States
Number of locations
Over 230 Branches
Area served
Wisconsin
Illinois
Minnesota
Missouri
Indiana
Ohio
Michigan
Texas
Key people
John (Jay) B. Williams, Chairman

Philip B. Flynn,

President & CEO
ProductsRetail Banking
Commercial Banking
Specialized Lending
Commercial Real Estate Lending
Private Banking
Wealth Management
Asset Management
Investment Banking
Number of employees
4,300
Websitewww.associatedbank.com

Associated Banc-Corp is a U.S. regional bank holding company providing retail banking, commercial banking, commercial real estate lending, private banking, and specialized financial services. It is headquartered in Green Bay, Wisconsin, and is the largest bank (by asset size) headquartered in Wisconsin. It has over 230 banking locations serving more than 110 communities throughout Wisconsin, Illinois, and Minnesota, and commercial financial services in Indiana, Michigan, Missouri, Ohio, and Texas.

At June 30, 2020, it had $36 billion in assets and was one of the top 50 publicly traded U.S. bank holding companies.[1] Associated Bank is a nationally chartered bank, regulated by the Office of the Comptroller of the Currency within the Department of the Treasury. Associated Bank is a member of the Federal Deposit Insurance Corporation, the Federal Reserve Bank of Chicago, and the Federal Home Loan Bank of Chicago. The company has approximately 4,300 employees.[citation needed]

History

The Associated Banc-Corp holding company was formed on May 1, 1970, when three community banks formed a banking alliance that consolidated into Associated Bank. The three founding community banks were: The First National Bank of Neenah, founded in 1861; Kellogg Citizens National Bank, Green Bay, founded 1874; and Manitowoc Savings Bank, founded in 1884.

Subsidiaries

During the 1990s and 2000s, Associated Banc-Corp merged all of its affiliated banks into Associated Bank, N.A., a wholly owned subsidiary.

Subsidiaries of Associated Bank, N.A. include: Associated Trust Company, N.A.; Associated Investment Corp; and Associated Community Development, LLC.[citation needed]

Sports sponsorships

Associated Bank has been the bank of the Green Bay Packers since 1919.[20] It is a banking partner of the Milwaukee Brewers,[21] the University of Wisconsin-Madison Athletics,[22] and the Minnesota Wild.[23] It is also the bank of the Wisconsin Athletic Hall of Fame.[24]

References

  1. ^ "Large Commercial Banks". Federal Reserve. September 30, 2016. Retrieved September 30, 2016.
  2. ^ "Associated Banc-Corp Sets Merger With First Financial". May 15, 1997. Retrieved June 21, 2016.
  3. ^ "Associated Banc-Corp buys Minnesota bank". October 1, 1998. Retrieved September 15, 2016.
  4. ^ "Associated Bank buys Signal Financial". September 10, 2001. Retrieved June 21, 2016.
  5. ^ "Order Approving the Acquisition of a Savings Association" (PDF) (Press release). Federal Reserve. August 16, 2004. Retrieved March 22, 2016.
  6. ^ "Company Overview of The First National Bank of Hudson". September 15, 2016. Retrieved September 15, 2016.
  7. ^ "Associated Banc-Corp raises about $416 mln in offering". January 12, 2010. Retrieved November 2, 2016.
  8. ^ "Associated Banc-Corp looks to a post-TARP future". September 24, 2011. Retrieved June 21, 2016.
  9. ^ "Associated Bank Comes Home". City of Green Bay, Wisconsin. March 26, 2012. Archived from the original on March 14, 2017. Retrieved March 21, 2016.
  10. ^ "Associated Bank named one of the top 100 Most Trustworthy Company's by Forbes" (Press release). Associated Banc-Corp. April 15, 2013. Retrieved April 15, 2013.
  11. ^ "Associated Bank marks move to New York Stock Exchange". February 24, 2015. Retrieved June 21, 2016.
  12. ^ Paul Gores (January 16, 2015). "Associated Banc-Corp to buy Minnesota insurance broker". Milwaukee Journal Sentinel. Retrieved March 21, 2016.
  13. ^ Haisten Willis (April 6, 2016). "Associated Bank Purchases Milwaukee Center for $60.5M". REBusiness Online. Retrieved November 1, 2016.
  14. ^ "Associated Banc-Corp completes purchase of wealth management family services firm Whitnell & Co". October 3, 2017. Retrieved October 3, 2017.
  15. ^ "Associated Banc-Corp closes on $482 million deal to acquire Bank Mutual". February 1, 2018. Retrieved February 1, 2018.
  16. ^ "Associated Banc-Corp to acquire Diversified Insurance Solutions". February 15, 2018. Retrieved May 1, 2019.
  17. ^ "Associated Banc-Corp completes purchase of Anderson Insurance & Investment Agency, Inc". June 1, 2018. Retrieved May 1, 2019.
  18. ^ "Associated Banc-Corp to acquire Wisconsin banking operations of The Huntington National Bank". December 11, 2018. Retrieved May 1, 2019.
  19. ^ "Associated Banc-Corp closes acquisition of First Staunton Bancshares, Inc". February 14, 2020. Retrieved February 20, 2020.
  20. ^ Paul Gores (September 1, 2015). "Associated Bank signs Packer receivers for marketing campaign". Milwaukee Journal Sentinel. Retrieved March 21, 2016.
  21. ^ "Milwaukee Brewers and Associated Bank expand partnership" (Press release). Associated Banc-Corp. March 26, 2015. Retrieved March 26, 2015.
  22. ^ "Associated Bank and UW Athletics Deepen Partnership" (Press release). Associated Banc-Corp. January 19, 2016. Retrieved January 19, 2016.
  23. ^ "Associated Bank and Minnesota Wild Announce Partnership" (Press release). Minnesota Wild Hockey Club. November 17, 2015. Retrieved March 21, 2016.
  24. ^ "Associated Bank becomes bank of Wisconsin Athletic Hall of Fame" (Press release). WBTV. February 16, 2016. Retrieved March 22, 2016.