The Associated Bank is a nationally chartered bank, regulated by the Department of Treasury’s Office of the Comptroller.
The Associated Bank is owned by Associated Banc-Corp.With its headquarters in Green Bay, Wisconsin, Associated Banc-Corp is the 41st largest bank holding company is the United States.
As of 2007, the Associated Bank had over twenty billion dollars in assets and employed over 5,000 people.
Associated Bank Operations
Associated Bank serves businesses and individuals, with approximately 300 branches throughout Wisconsin, Illinois, and Minnesota. The services provided include Business and Retail banking, Private banking services, both personal and business insurance, Brokerage Services, Mortgages, Employees Benefit Plan Investment Management, Debit and Credit Cards, International Banking and Commercial Financing.Many of the offices can trace their roots to over 100 years ago, and have an established and trusted relationship within the communities.
History of the Associated Bank
Some of the recent history of the Associated Banc-Corp is as follows:
- 1989 - The Associated bank acquired the Associated De Pere Bank, based in De Pere, Wisconsin.
- 1993 - The name was changed to the Associated Bank Green Bay
- 1999 - Associated Bank acquired the First National Bank of Sturgeon Bay, WI and the Farmers State Bank out of Pound, WI.
- 1999 - During this year, Citizens Bank, NA out of Shawano, WI was acquired by Associated.
- 2001 - During 2201, the name was changed to Associated Bank, while merging and re-branding other affiliates throughout Wisconsin.
- 2003 - Associated Bank merged and re-branded again with affiliate banks of the Associated Card Services Bank, WI, and the Associated Bank out of Rockford, Illinois.
- 2005 - During this year, First Federal Capital Bank of La Cross and State Financial Bank, both of WI, merged with Associated Bank in both Minnesota and Chicago.
- 2006 - Acquired State Financial Bank, out of Wisconsin.
- 2007 - Acquired the First National Bank, out of Hudson, WI.
- 2008 - During 2008, the Associated Bank filed for and was approved to receive a $525 million dollar share of a $70 Billion Bank Bailout. This was a result of the banking failure in 2008.
Associated Banc-Corp has now merged all the affiliated banks under the larger umbrella of Associated Bank, NA. This is a wholly owned subsidiary company.
The Associated Bank brings a history of strong customer service. The bank’s vision and values statement is “Associated (Bank) will be the preferred provider of financial services for businesses and individuals in the communities we serve”. The bank strives to meet this vision within the relationship among colleagues, assisting the community, working with customers and developing relationships.
Services Offered by the Associated Bank
Associated Bank offers a full line of financial services from associated bank personal loans, mortgages credit cards and savings/checking accounts.. Whether it is a business, personal or investment question, Associated Bank has a full staff based in many locations to serve customers both on-line and in person.