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| Type | Public (NASDAQ: ASBC) |
|---|---|
| Headquarters | Green Bay, Wisconsin, USA |
| Key people | Philip B. Flynn, CEO & Chairman |
| Industry | Financial services |
| Products | Asset management Commercial banking Investment banking Private banking Retail banking |
| Employees | 5,101 |
| Website | www.associatedbank.com |
Associated Banc-Corp (NASDAQ: ASBC) is a bank holding company headquartered in Green Bay, Wisconsin. As of early 2007, it had $20.8 billion in assets and was the 41st-largest bank holding company in the United States. Associated Bank is a nationally chartered bank, regulated by the Office of the Comptroller of the Currency, Department of the Treasury[1] The company has over 5,101 employees.[2]
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History
- 1989 – acquired the Associated De Pere Bank of De Pere, Wisconsin[3]
- 1993 – name changed to Associated Bank Green Bay, NA[3]
- 1993 – acquired First National Bank of Sturgeon Bay of Sturgeon Bay, Wisconsin and Farmers State Bank of Pound, Wisconsin[3]
- 1999 – acquired Citizens Bank, NA of Shawano, Wisconsin[3]
- 2001 – name changed to Associated Bank, NA; merged and re-branded existing affiliate banks in Milwaukee, Wisconsin, Neenah, Wisconsin, Manitowoc, Wisconsin, Wausau, Wisconsin, and Madison, Wisconsin[3]
- 2003 – merged and re-branded affiliate banks of Associated Card Services Bank in Stevens Point, Wisconsin and Associated Bank Illinois in Rockford, Illinois[3]
- 2005 – acquired First Federal Capital Bank of La Crosse, Wisconsin and State Financial Bank of Hales Corners, Wisconsin; merged and re-branded affiliate banks of Associated Bank Minnesota in Minneapolis, Minnesota and Associated Bank Chicago in Chicago, Illinois[3]
- 2006 – acquired State Financial Bank of Hales Corners, Wisconsin.
- 2007 – acquired First National Bank of Hudson of Hudson, Wisconsin.
- 2008 – filed for, and approved to receive a $525 Million share, of the $700 Billion Bank Bailout in the banking failure of 2008.
Subsidiaries
During the 1990s and 2000s, Associated Banc-Corp merged all of its affiliated banks into Associated Bank, NA, a wholly owned subsidiary. Associated Bank, NA, has $20.5 billion in assets.[2]
Footnotes
- ^ "Top 50 bank holding companies". Federal Financial Institutions Examination Council. March 31, 2007. http://www.ffiec.gov/nicpubweb/nicweb/Top50Form.aspx. Retrieved April 15, 2007.
- ^ a b "Associated Banc-Corp". Holding Companies. iBanknet.com. February 27, 2007. http://www.ibanknet.com/scripts/callreports/getbank.aspx?id=ibn1438&cert=1199563. Retrieved April 15, 2007.
- ^ a b c d e f g "Bank Holding Company Detail". FDIC Institution Directory. Federal Deposit Insurance Corporation. June 30, 2006. http://www2.fdic.gov/idasp/report_bhc.asp?inSortIndex=0&inCert1=1199563&period1=06/30/2006. Retrieved April 15, 2007.
External links
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