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. A University of Wisconsin-Madison graduate, he is a lifelong resident of the state. He lives in Muskego with his wife, Seng, their son, Zach, and their dog, Hokey. He is an avid sports fan and is a member of the Muskego Athletic Association board of directors.
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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