Home Industries Banking & Finance Associated Bank to close six branches, including five in Wisconsin

Associated Bank to close six branches, including five in Wisconsin

Associated Bank branch at 3847 S. Howell Ave., Milwaukee. Image from Google.

Green Bay-based Associated Bank informed customers this week that it plans to close six of its branches, including five in Wisconsin and one in Chicago. They will be closed on Nov. 17.

The branches that will be closed include:

  • 2001 S. Webster Ave., Allouez
  • 2815 S. Chicago Ave., South Milwaukee
  • 300 N. LaSalle Dr., Chicago
  • 3847 S. Howell Ave., Milwaukee
  • 717 Main St., Menomonie
  • 5987 County Highway W, Manitowish Waters

Associated Bank has more than 200 branch locations in Wisconsin, Illinois and Minnesota.

Associated Bank spokesperson Jennifer Kaminski said the branch closures announced this week “align with an industry-wide trend, which includes consumers adaption to digital banking, a smaller branch footprint and lower frequency of walk-in traffic. Associated will work with impacted colleagues to find a new role within the company, where positions are available. The analysis of branch locations, their transaction trends and strategic fit, is an ongoing process at Associated and throughout the banking industry. These consolidations reflect a recent evaluation of our retail footprint to ensure our network is ideally positioned for future success, especially as it pertains to evolving customer banking preferences and the changing regulatory and competitive environment.”

Andrew is the editor of BizTimes Milwaukee. He joined BizTimes in 2003, serving as managing editor and real estate reporter for 11 years before being promoted to editor in 2015. An award-winning journalist, Weiland is a five-time winner in the Milwaukee Press Club Excellence in Journalism Awards contest and a three-time winner in the Alliance of Area Business Publishers (AABP) Awards contest. He is also a regular guest on WISN-TV Channel 12's 4 p.m. newscast to discuss the week's most significant business news stories.
Green Bay-based Associated Bank informed customers this week that it plans to close six of its branches, including five in Wisconsin and one in Chicago. They will be closed on Nov. 17. The branches that will be closed include: Associated Bank has more than 200 branch locations in Wisconsin, Illinois and Minnesota. Associated Bank spokesperson Jennifer Kaminski said the branch closures announced this week “align with an industry-wide trend, which includes consumers adaption to digital banking, a smaller branch footprint and lower frequency of walk-in traffic. Associated will work with impacted colleagues to find a new role within the company, where positions are available. The analysis of branch locations, their transaction trends and strategic fit, is an ongoing process at Associated and throughout the banking industry. These consolidations reflect a recent evaluation of our retail footprint to ensure our network is ideally positioned for future success, especially as it pertains to evolving customer banking preferences and the changing regulatory and competitive environment.”

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