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Associated Bank Opens First Branch in Missouri, Tapping into New Market

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Associated Banc-Corp (NYSE: ASB) has announced the opening of its first Missouri branch in St. Louis at Dellwood Crossing Shopping Center, marking a strategic expansion into a new market. The 6,000-square-foot facility, opening on April 21, 2025, will include a Community Advocacy Center and meeting space for over 30 people.

The branch will offer services including first-time home buyer education, financial literacy programs, and fraud prevention classes. The location will employ seven new staff members and features a full-service teller lobby with a 24-hour deposit-enabled ATM.

This expansion follows Associated's commercial presence in Missouri since 2006 and builds upon their Southern Illinois operations established in 1997. The St. Louis market represents Associated's sixth largest metropolitan statistical area, accounting for 3.6% of total bank deposits. The bank currently maintains 20 colleagues in Missouri, including recently added commercial team members in Kansas City.

Associated Banc-Corp (NYSE: ASB) ha annunciato l'apertura della sua prima filiale nel Missouri, a St. Louis, presso il centro commerciale Dellwood Crossing, segnando un'espansione strategica in un nuovo mercato. La struttura di 6.000 piedi quadrati, che aprirà il 21 aprile 2025, includerà un Centro di Advocacy Comunitaria e uno spazio riunioni con capienza superiore a 30 persone.

La filiale offrirà servizi come corsi per acquirenti di prima casa, programmi di alfabetizzazione finanziaria e lezioni di prevenzione delle frodi. La sede impiegherà sette nuovi collaboratori e dispone di un'area sportello completa con un bancomat attivo 24 ore su 24 per i depositi.

Questa espansione segue la presenza commerciale di Associated nel Missouri dal 2006 e si basa sulle operazioni nell'Illinois meridionale avviate nel 1997. Il mercato di St. Louis rappresenta la sesta area metropolitana più grande per Associated, con il 3,6% del totale dei depositi bancari. Attualmente la banca conta 20 colleghi in Missouri, inclusi i nuovi membri del team commerciale a Kansas City.

Associated Banc-Corp (NYSE: ASB) ha anunciado la apertura de su primera sucursal en Missouri, en St. Louis, ubicada en el centro comercial Dellwood Crossing, marcando una expansión estratégica hacia un nuevo mercado. La instalación de 6,000 pies cuadrados, que abrirá el 21 de abril de 2025, incluirá un Centro de Defensa Comunitaria y un espacio para reuniones con capacidad para más de 30 personas.

La sucursal ofrecerá servicios como educación para compradores de vivienda por primera vez, programas de alfabetización financiera y clases de prevención de fraudes. El lugar empleará a siete nuevos colaboradores y cuenta con un lobby de cajeros completo con un cajero automático habilitado para depósitos las 24 horas.

Esta expansión sigue la presencia comercial de Associated en Missouri desde 2006 y se basa en sus operaciones en el sur de Illinois establecidas en 1997. El mercado de St. Louis representa la sexta área metropolitana más grande para Associated, con un 3.6% del total de depósitos bancarios. Actualmente, el banco cuenta con 20 colegas en Missouri, incluidos los miembros recientemente incorporados al equipo comercial en Kansas City.

Associated Banc-Corp (NYSE: ASB)는 미주리 주 세인트루이스에 위치한 Dellwood Crossing 쇼핑센터에 첫 지점을 개설한다고 발표하며 새로운 시장으로의 전략적 확장을 알렸습니다. 6,000평방피트 규모의 이 시설은 2025년 4월 21일 개장하며, 커뮤니티 옹호 센터와 30명 이상 수용 가능한 회의 공간을 포함합니다.

이 지점은 첫 주택 구매자 교육, 금융 문해력 프로그램, 사기 예방 수업 등 다양한 서비스를 제공할 예정입니다. 7명의 신규 직원이 근무하며, 24시간 입금 가능한 ATM이 설치된 완전한 서비스의 출납구역을 갖추고 있습니다.

이번 확장은 2006년부터 미주리에서의 Associated의 상업적 활동을 이어가는 것이며, 1997년에 설립된 남부 일리노이 운영을 기반으로 합니다. 세인트루이스 시장은 Associated의 여섯 번째로 큰 대도시 통계 지역으로, 전체 은행 예금의 3.6%를 차지합니다. 현재 은행은 미주리에 20명의 직원이 근무 중이며, 최근 캔자스시티 상업팀 멤버들도 포함되어 있습니다.

Associated Banc-Corp (NYSE : ASB) a annoncé l'ouverture de sa première agence dans le Missouri, à St. Louis, au centre commercial Dellwood Crossing, marquant ainsi une expansion stratégique vers un nouveau marché. L'établissement de 6 000 pieds carrés, qui ouvrira ses portes le 21 avril 2025, comprendra un Centre de Défense Communautaire ainsi qu'un espace de réunion pouvant accueillir plus de 30 personnes.

L'agence proposera des services tels que des formations pour primo-accédants, des programmes d'éducation financière et des cours de prévention contre la fraude. Le site emploiera sept nouveaux collaborateurs et dispose d'un hall de guichets complet avec un distributeur automatique acceptant les dépôts 24h/24.

Cette expansion fait suite à la présence commerciale d'Associated dans le Missouri depuis 2006 et s'appuie sur ses opérations dans le sud de l'Illinois établies en 1997. Le marché de St. Louis représente la sixième plus grande zone métropolitaine pour Associated, avec 3,6 % du total des dépôts bancaires. La banque compte actuellement 20 collaborateurs dans le Missouri, y compris les membres récemment intégrés de l'équipe commerciale à Kansas City.

Associated Banc-Corp (NYSE: ASB) hat die Eröffnung seiner ersten Filiale in Missouri, St. Louis, im Dellwood Crossing Shopping Center angekündigt und damit eine strategische Expansion in einen neuen Markt eingeleitet. Die 6.000 Quadratfuß große Einrichtung, die am 21. April 2025 eröffnet wird, umfasst ein Community Advocacy Center sowie einen Besprechungsraum für über 30 Personen.

Die Filiale wird Dienstleistungen wie Erstkäufer-Schulungen, Finanzbildungsprogramme und Betrugspräventionskurse anbieten. Der Standort beschäftigt sieben neue Mitarbeiter und verfügt über eine voll ausgestattete Schalterhalle mit einem rund um die Uhr verfügbaren Einzahlungsautomaten.

Diese Expansion folgt der kommerziellen Präsenz von Associated in Missouri seit 2006 und baut auf den seit 1997 bestehenden Aktivitäten im südlichen Illinois auf. Der Markt St. Louis ist die sechstgrößte Metropolregion für Associated und macht 3,6 % der gesamten Bankeinlagen aus. Aktuell beschäftigt die Bank 20 Mitarbeiter in Missouri, darunter kürzlich hinzugekommene Mitglieder des kommerziellen Teams in Kansas City.

Positive
  • Strategic expansion into new Missouri market increases geographic diversification
  • Creation of 7 new jobs strengthens local presence
  • St. Louis represents significant 3.6% of total bank deposits
  • Recent commercial team expansion in Kansas City shows continued growth momentum
Negative
  • None.

New St. Louis Location Signals Associated Bank's Entry into Missouri and Commitment to Organic Growth

ST. LOUIS, April 21, 2025 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) (Associated) today announced the opening of its new St. Louis branch at Dellwood Crossing Shopping Center located at 10044 W Florissant Ave., leasing about 6,000 square feet of space to serve the community. The branch opening is part of Associated's strategic plan to capture new market opportunities across the bank's Midwest footprint and drive growth across multiple business lines.

  • The grand opening event will take place Monday, April 21, 2025, from 10-11 a.m. at the Dellwood branch location.
  • Dellwood Mayor Reggie Jones and Delicia Lacy, local National Association of Real Estate Brokers (NAREB) president and member of Associated's Community Advisory Council who assisted with finding the branch location, will join Associated's leadership at the grand opening celebration.

"The Dellwood area represents an important market for Associated Bank, marking our first Missouri branch location," said Shawn McCutcheon, market president for St. Louis. "It's not only a bank location, it's a location to gather and uplift our community and utilize financial expertise, and that's why we also have our Community Advocacy Center adjoining our branch."

The Dellwood branch will be home to a community accountability officer, an affordable lending officer, as well as shared space for other important lines of business partners. It will also house a meeting space for more than 30 people. The local community will be supported through:

  • First time home buyer education
  • Financial literacy and wellness education
  • Fraud prevention classes
  • Space for community advocates and nonprofits to gather and host events and learning sessions
  • Full-service teller lobby with a 24-hour, deposit-enabled ATM for after-hours banking

Construction on the new branch began in October 2024 and is part of the Missouri expansion that began in 2023 with commercial and industrial relationship managers and private banking. Currently, Associated has 20 colleagues in Missouri. The branch created seven additional jobs in the area, including a workplace business development officer, community accountability officer and multi-cultural and affordable lending loan officer. Missouri-based colleagues include three relationship managers based in Kansas City recently added to the commercial team in March 2025.

Associated has had a presence in the Southern Illinois market since 1997 and has had a loan production office in Missouri since 2006. Anchored by a key Midwestern city, the St. Louis market is a natural extension of Associated's growing footprint across the region. With nine total branches across the market, which includes Southern Illinois, St. Louis represents Associated Bank's sixth largest metropolitan statistical area with 3.6% of total Associated Bank deposits.

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, Minnesota and Missouri. The company also operates loan production offices in Indiana, Kansas, Michigan, 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
Senior Manager, Public Relations
920-491-7518

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/associated-bank-opens-first-branch-in-missouri-tapping-into-new-market-302433312.html

SOURCE Associated Banc-Corp

FAQ

What services will Associated Bank's new Dellwood branch (ASB) offer to customers?

The branch will provide first-time home buyer education, financial literacy programs, fraud prevention classes, full-service teller services, and a 24-hour deposit-enabled ATM. It also includes a Community Advocacy Center and meeting space for community events.

How many new jobs is Associated Bank (ASB) creating with its new St. Louis branch?

The new Dellwood branch is creating seven additional jobs, including positions for a workplace business development officer, community accountability officer, and multi-cultural and affordable lending loan officer.

What percentage of Associated Bank's (ASB) total deposits come from the St. Louis market?

The St. Louis market, Associated Bank's sixth largest metropolitan statistical area, represents 3.6% of total bank deposits.

When did Associated Bank (ASB) first establish its presence in the Missouri market?

Associated Bank has maintained a loan production office in Missouri since 2006, with its commercial and industrial expansion beginning in 2023.
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