|
Associated Banc-Corp. operates as a multibank holding company in the United States. It offers various banking and nonbanking services to individuals and businesses primarily in Wisconsin, Minnesota, and Illinois. The company operates through two segments, Banking and Wealth Management. The Banking segment offers lending and deposit gathering, as well as other banking-related products and services to businesses, governments, and consumers, and the support to deliver, fund, and manage such banking services. It offers home equity loans and lines of credit, residential mortgage loans and mortgage refinancing, education loans, personal and installment loans, checking, savings, money market deposit accounts, IRA accounts, certificates of deposit, and safe deposit boxes. The segments loans, deposits, and related banking services primarily include business checking and other business deposit products, business loans, lines of credit, commercial real estate financing, construction loans, letters of credit, revolving credit arrangements, and to a lesser degree business credit cards and equipment and machinery leases. It also provides safe deposit and night depository services, cash management, and international banking, as well as check clearing, safekeeping, and other banking-based services. The company offers its services to small and larger businesses, governments/ municipalities, metro or niche markets, and companies with specialized lending needs, such as floor plan lending or asset-based lending. The Wealth Management segment provides products and various fiduciary, investment management, and advisory and corporate agency services to assist customers in building, investing, or protecting their wealth. Its customers include individuals, corporations, small businesses, charitable trusts, endowments, foundations, and institutional investors. This segment also offers business insurance products and services, including life, property, casualty, credit and mortgage insurance, fixed annuities, and employee group benefits consulting and administration; full-service investment brokerage, variable annuities, and discount and online brokerage; and trust/asset management, investment management, administration of pension, profit-sharing, and other employee benefit plans, personal trusts, and estate planning. As of December 31, 2004, the companys bank subsidiaries operated 307 offices. Associated Banc-Corp. was incorporated in 1964 and is headquartered in Green Bay, Wisconsin.
|