Wednesday, August 31, 2022

Associated to close 13 branches in Illinois, Wisconsin

Associated Banc-Corp. in Green Bay, Wis., plans to close 13 branches in two states. 

The $37.2 billion-asset company plans to shutter six locations in Illinois and seven in northwest Wisconsin on Nov. 18, several media publications reported. 

Six of the offices are in-store branches, with five in Festival Foods stores and one inside a Piggly Wiggly.

The branches represent about 6% of the company’s overall network, based on June 2021 data from the Federal Deposit Insurance Corp. 

Associated last year disclosed plans to ramp up investment in digital offerings.

No comments:

Post a Comment

Business First to raise $47M through stock offering

Business First Bancshares in Baton Rouge, La., plans to raise about $46.8 million from selling common stock.  The $5.5 billion-asset company...