00 1 262-879-0133
| Over 200 Branches|
| NYSE: ASB
S&P 400 Component|
Financial Services, regional banks, Bank-holding Company
William R. Hutchinson, Chairman
Philip B. Flynn, CEO
Green Bay, Wisconsin, United States
ASB (NYSE) US$ 25.95 -0.30 (-1.14%)24 Feb, 4:00 PM GMT-5 - Disclaimer
Philip B Flynn (1 Dec 2009–)
Associated Banc-Corp is a U.S. regional bank holding company providing retail banking, commercial banking, commercial real estate lending, private banking, specialized financial services, and insurance services. It is headquartered in Green Bay, Wisconsin. It is the largest bank (by asset size) headquartered in Wisconsin. The bank's main focus is middle-market commercial banking in Wisconsin, Illinois, Minnesota, and the upper Midwest.
At December 31, 2016, it had $29 billion in assets and was one of the top 50 publicly traded U.S. bank holding companies. Associated Bank is a nationally chartered bank, regulated by the Office of the Comptroller of the Currency, 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 4,400 employees.
Associated Banc-Corp Wikipedia
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 1884.1989 - Acquired the Associated De Pere Bank of De Pere, Wisconsin
1991 - Acquired Farmers State Bank of Pound, Wisconsin, and F&M Financial Services
1992 - Acquired Wausau Financial and Northeast Wisconsin Financial Services
1993 - Changed name to Associated Bank Green Bay, NA
1993 - Acquired First National Bank of Sturgeon Bay of Sturgeon Bay, Wisconsin
1995 - Acquired GN Bancorp of Illinois
1996 - Acquired Mid-American National Bancorp of Illinois
1997 - Acquired Centra Financial of Wisconsin
1997 - Merged with First Financial Corporation of Stevens Point, Wisconsin
1998 - Acquired Citizens Bank, NA of Shawano, Wisconsin
1999 - Acquired Windsor Bancshares of Minnesota
2001 - Changed name to Associated Bank, NA; merged and re-branded existing affiliate banks in Milwaukee, Wisconsin; Neenah, Wisconsin; Manitowoc, Wisconsin; Wausau, Wisconsin; and Madison, Wisconsin
2002 - Acquired Signal Financial Corp. of Minnesota
2003 - Merged and re-branded affiliates: Associated Card Services Bank in Stevens Point, Wisconsin, and Associated Bank Illinois in Rockford, Illinois
2004 - Acquired First Federal Capital Bank of La Crosse, Wisconsin, expanding into Western and Southwest Wisconsin
2005 - Merged and re-branded affiliate banks in Minneapolis, Minnesota, and in Chicago, Illinois
2005 - Acquired State Financial Services of Hales Corners, Wisconsin, and expanded to Northern Illinois
2007 - Acquired First National Bank of Hudson, Wisconsin
2008 - Requested a $525 Million share of the $700 Billion Troubled Asset Relief Program (TARP) fund
2009 - Appointed William Hutchinson as Chairman of the Board of Directors and Philip Flynn as President and CEO
2010 - Announced $435 million common stock offering to support continued growth
2011 - Repaid $525 Million share of the $700 Billion Troubled Asset Relief Program (TARP) fund
2012 - Redeveloped the Downtown Green Bay Regency building, to create the new Associated Center as its headquarters
2013 - Named one of the 100 Most Trustworthy Companies by Forbes.
2014 - Joined the New York Stock Exchange and began trading under the ticker "ASB"
2015 - Acquired Ahmann & Martin Co., a risk and employee benefits consulting firm
2016 - Purchased the 28-story Milwaukee Center office building to allow for future expansion of the company
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 Services, Inc.; Kellogg Asset Management, LLC.; Associated Financial Group, LLC (Associated Benefits and Risk Consulting ); and Associated Community Development, LLC.
Associated Bank has been the bank of the Green Bay Packers since 1919. It is a banking partner of the Milwaukee Brewers, the University of Wisconsin-Madison Athletics, and the Minnesota Wild. It is also the bank of the Wisconsin Athletic Hall of Fame.