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Associated Bank Completes Phase 2 Commercial Expansion, Adding Top Talent in Growing Kansas City Market

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Associated Banc-Corp (NYSE: ASB) has completed Phase 2 of its commercial expansion by adding three experienced bankers to its Kansas City team. Matt Flynn, Alexander Burke, and Mitchell Hind joined on March 21, 2025, all transitioning from U.S. Bank.

The expansion is part of Associated's strategic growth initiative in the Midwest, with Flynn overseeing expansion into Kansas, Oklahoma, and Texas, while leading the new Short Line Rail Industry Vertical. The bank has increased its relationship managers by over 25% across established and emerging markets, enhancing capabilities in treasury management, capital markets, and corporate banking services.

This strategic move demonstrates Associated's commitment to organic growth, strengthening its commercial leadership and refining its relationship-driven approach in the region.

Associated Banc-Corp (NYSE: ASB) ha completato la Fase 2 della sua espansione commerciale aggiungendo tre banchieri esperti al suo team di Kansas City. Matt Flynn, Alexander Burke e Mitchell Hind si sono uniti il 21 marzo 2025, tutti provenienti da U.S. Bank.

L'espansione fa parte dell'iniziativa strategica di crescita di Associated nel Midwest, con Flynn che supervisiona l'espansione in Kansas, Oklahoma e Texas, mentre guida il nuovo Verticale dell'Industria Ferroviaria Short Line. La banca ha aumentato il numero dei suoi manager di relazione di oltre il 25% nei mercati consolidati ed emergenti, migliorando le capacità nella gestione della tesoreria, nei mercati dei capitali e nei servizi bancari aziendali.

Questa mossa strategica dimostra l'impegno di Associated verso la crescita organica, rafforzando la sua leadership commerciale e affinando il suo approccio orientato alle relazioni nella regione.

Associated Banc-Corp (NYSE: ASB) ha completado la Fase 2 de su expansión comercial al agregar tres banqueros experimentados a su equipo en Kansas City. Matt Flynn, Alexander Burke y Mitchell Hind se unieron el 21 de marzo de 2025, todos provenientes de U.S. Bank.

La expansión es parte de la iniciativa estratégica de crecimiento de Associated en el Medio Oeste, con Flynn supervisando la expansión en Kansas, Oklahoma y Texas, mientras lidera el nuevo Vertical de la Industria Ferroviaria Short Line. El banco ha aumentado su número de gerentes de relaciones en más del 25% en mercados establecidos y emergentes, mejorando las capacidades en gestión de tesorería, mercados de capitales y servicios bancarios corporativos.

Este movimiento estratégico demuestra el compromiso de Associated con el crecimiento orgánico, fortaleciendo su liderazgo comercial y refinando su enfoque basado en relaciones en la región.

Associated Banc-Corp (NYSE: ASB)는 카운자시 팀에 세 명의 경험 많은 은행가를 추가하여 상업적 확장의 2단계를 완료했습니다. Matt Flynn, Alexander Burke, Mitchell Hind는 2025년 3월 21일에 합류했으며, 모두 U.S. Bank에서 전환했습니다.

이번 확장은 미드웨스트 지역에서 Associated의 전략적 성장 이니셔티브의 일환으로, Flynn은 캔자스, 오클라호마 및 텍사스의 확장을 감독하며 새로운 단거리 철도 산업 수직을 이끌고 있습니다. 은행은 기존 및 신흥 시장에서 관계 관리자를 25% 이상 늘려 재무 관리, 자본 시장 및 기업 은행 서비스에서의 역량을 강화했습니다.

이 전략적 움직임은 Associated의 유기적 성장에 대한 헌신을 보여주며, 상업적 리더십을 강화하고 지역에서의 관계 중심 접근 방식을 다듬고 있습니다.

Associated Banc-Corp (NYSE: ASB) a complété la Phase 2 de son expansion commerciale en ajoutant trois banquiers expérimentés à son équipe de Kansas City. Matt Flynn, Alexander Burke et Mitchell Hind ont rejoint le 21 mars 2025, tous venant de U.S. Bank.

L'expansion fait partie de l'initiative stratégique de croissance d'Associated dans le Midwest, avec Flynn supervisant l'expansion au Kansas, en Oklahoma et au Texas, tout en dirigeant le nouveau secteur de l'industrie ferroviaire Short Line. La banque a augmenté le nombre de ses gestionnaires de relations de plus de 25% sur les marchés établis et émergents, améliorant ainsi ses capacités en gestion de trésorerie, marchés de capitaux et services bancaires d'entreprise.

Ce mouvement stratégique démontre l'engagement d'Associated envers la croissance organique, renforçant son leadership commercial et affinant son approche axée sur les relations dans la région.

Associated Banc-Corp (NYSE: ASB) hat die Phase 2 seiner kommerziellen Expansion abgeschlossen, indem drei erfahrene Banker zu seinem Team in Kansas City hinzugefügt wurden. Matt Flynn, Alexander Burke und Mitchell Hind traten am 21. März 2025 bei, alle von U.S. Bank kommend.

Die Expansion ist Teil von Associateds strategischer Wachstumsinitiative im Mittleren Westen, wobei Flynn die Expansion nach Kansas, Oklahoma und Texas überwacht und gleichzeitig die neue Short Line Rail Industry Vertical leitet. Die Bank hat die Zahl ihrer Relationship Manager in über 25% in etablierten und aufstrebenden Märkten erhöht und die Fähigkeiten im Treasury Management, im Kapitalmarkt und in den Unternehmensbankdienstleistungen verbessert.

Dieser strategische Schritt zeigt das Engagement von Associated für organisches Wachstum, stärkt seine kommerzielle Führung und verfeinert seinen beziehungsorientierten Ansatz in der Region.

Positive
  • 25% increase in relationship managers across key markets
  • Strategic expansion into three new states: Kansas, Oklahoma, and Texas
  • Launch of new Short Line Rail Industry Vertical
  • Addition of three experienced senior bankers from major competitor (U.S. Bank)
  • Enhancement of treasury management and capital markets capabilities
Negative
  • None.

GREEN BAY, Wis., March 24, 2025 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated" or "Company") today announced the addition of three seasoned bankers, Matt Flynn, Alexander Burke, and Mitchell Hind, to its commercial banking team in Kansas City, Missouri, to grow that new market. This strategic move is part of Associated's broader growth initiative, focused on strengthening its core business in the Midwest and expanding into newer markets through organic growth.

"We are excited to welcome Matt, Alexander and Mitchell, to our team," said Phillip Trier, executive vice president and head of Corporate and Commercial Banking. "Their expertise and commitment to client success will be invaluable as we strengthen our presence and build lasting relationships in this region. We look forward to the contributions they will make and the opportunities ahead."

Matt Flynn joined Associated on March 21 as business segment and region leader. Based in Kansas City, Matt will oversee Associated's expansion into Kansas, Oklahoma and Texas as well as leading Associated Bank's new Short Line Rail Industry Vertical. He spent the past 17 years at U.S. Bank, most recently as commercial banking senior vice president and team leader. Flynn has a bachelor's degree in accounting and criminology from the University of Northern Iowa and is a graduate of Pacific Coast Banking School at the University of Washington.

Alexander Burke joined Associated as team leader and Kansas City market leader on March 21. With diverse industry experience and strong expertise in finance, Burke joins Associated from U.S. Bank, where he spent more than 12 years growing their corporate and commercial client base, most recently as senior vice president, commercial banking relationship manager. He holds a bachelor's degree in finance and management, with a minor in leadership, from Washburn University, as well as an MBA in finance from The University of Kansas.

Mitchell Hind joined Associated on March 21 as senior vice president, relationship manager. Most recently, he spent seven years with U.S. Bank growing their commercial banking business. He has more than 20 years of experience in financial services and a proven track record as a trusted advisor delivering financial solutions to companies across the region. He holds a bachelor's degree in finance from Missouri Western State University.

Associated Bank has continued to invest heavily in its corporate and commercial business, demonstrating its commitment to organic growth. In phase two of its strategic plan, the bank added top talent across both established and emerging key markets, increasing relationship managers by more than 25%. This expanded team brings in deep expertise in treasury management, capital markets, and other innovative corporate banking services, strengthening the bank's ability to deliver innovative financial solutions to clients throughout the Midwest region and beyond.

"Expanding our commercial presence with experienced and talented leaders and bankers is a critical component of this year's focus," said Trier. "We've strengthened our commercial leadership, enhanced our capabilities with new products and industry verticals, and refined our relationship-driven approach."

ABOUT ASSOCIATED BANC-CORP
Associated Banc-Corp (NYSE: ASB) has total assets of $43 billion and is the largest bank holding company based in Wisconsin. Headquartered in Green Bay, Wisconsin, Associated is a leading Midwest banking franchise, offering a full range of financial products and services from nearly 200 banking locations serving more than 100 communities throughout Wisconsin, Illinois and Minnesota. The company also operates loan production offices in Indiana, Michigan, Missouri, New York, Ohio and Texas. Associated Bank, N.A. is an Equal Housing Lender, Equal Opportunity Lender and Member FDIC. More information about Associated Banc-Corp is available at www.associatedbank.com.

Media Contact:
Andrea Kozek, Vice President, Public Relations Senior Manager
920-491-7518

Investor Contact:
Ben McCarville, Senior Vice President, Director of Investor Relations
920-491-7059

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/associated-bank-completes-phase-2-commercial-expansion-adding-top-talent-in-growing-kansas-city-market-302409683.html

SOURCE Associated Banc-Corp

FAQ

What is the significance of Associated Bank's Phase 2 commercial expansion in Kansas City?

The expansion adds three senior bankers from U.S. Bank and represents ASB's strategic growth in the Midwest, including expansion into Kansas, Oklahoma, and Texas markets, while increasing relationship managers by over 25%.

Who are the key executives joining Associated Bank (ASB) in March 2025?

Matt Flynn joins as business segment and region leader, Alexander Burke as team leader and Kansas City market leader, and Mitchell Hind as senior vice president, relationship manager.

What new markets is Associated Bank (ASB) targeting through this expansion?

ASB is expanding into Kansas, Oklahoma, and Texas markets, with Kansas City serving as a strategic hub for growth.

What new business vertical is Associated Bank (ASB) launching with this expansion?

ASB is launching a new Short Line Rail Industry Vertical, to be led by Matt Flynn.

How has Associated Bank (ASB) strengthened its commercial banking capabilities?

ASB has enhanced its capabilities with new products, industry verticals, increased relationship managers by 25%, and expanded services in treasury management and capital markets.
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