Green Bay-based Associated Bank on Tuesday formally announced plans to open a new branch at 102 N. Water St. in Milwaukee’s Historic Third Ward neighborhood.
BizTimes Milwaukee reported last week that Associated Bank had leased a 2,725-square-foot space in the River Renaissance building in the Third Ward.
Today, the company announced plans to open a branch in a 1,640-square-foot space in the building. Construction is expected to begin in October and the branch will open in March of 2015.
Associated Bank said its Third Ward branch location will “offer customers an enhanced banking experience in a revitalized and spacious layout, reflecting the updated Associated brand style.” The branch will offer 24/7 self-service banking solutions along with a digital demonstration zone allowing customers to sign up for online banking and interact with Associated Bank’s online and mobile applications.
“We’re really pleased to continue our development into Milwaukee’s vibrant Third Ward neighborhood,” said John Halechko, executive vice president, director of branch banking, Associated Bank. “Downtown Milwaukee represents an important market for Associated Bank, and we are committed to serving both our customers and the downtown community.”
On Monday, Associated Bank opened a new branch built at 1301 N. Martin Luther King Jr. Dr., just north of downtown Milwaukee and the Park East corridor, in the city’s Haymarket Square neighborhood.
Associated Bank also has a downtown location at 401 E. Kilbourn Ave. and a location on the city’s East Side at 2590 N. Downer Ave.
The Associated Bank branch on the first floor of the First Financial Centre office building at 700 N. Water St. downtown closed recently.