About bank
Associated Bank is a regional bank headquartered in Green Bay, Wisconsin. It was founded in 1861 and is one of the largest banks in the Midwest, with over 200 branches in Wisconsin, Illinois, and Minnesota. It also operates loan production offices in Indiana, Michigan, Missouri, New York, Ohio, and Texas. In addition, Associated Bank has total assets of around $35 billion and is the largest bank holding company in Wisconsin.
Associated Bank offers various various financial products and services to individuals, businesses, and organizations. These include personal checking and savings accounts, mortgages, commercial and small business loans, wealth management and investment services, insurance, and online and mobile banking.
One of the key strengths of Associated Bank is its commitment to the communities it serves. The bank has a long history of supporting local non-profit organizations and community initiatives and strongly focuses on sustainability and environmental responsibility.
In recent years, Associated Bank has invested heavily in technology, including the development of mobile and online banking platforms that make it easier for customers to manage their finances on the go. The bank has also implemented advanced security measures to protect its customers' financial information and assets.
Overall, Associated Bank is a well-respected financial institution that has earned the trust of its customers through its commitment to providing high-quality services and support. So whether you're looking to manage your personal finances, grow your business, or invest for the future, Associated Bank has the expertise and resources to help you achieve your goals.
Key Features
Here are some key features of Associated Bank:
- Wide Range of Financial Products. Associated Bank offers a wide range of financial products and services to meet the needs of its customers. These include personal and business checking and savings accounts, mortgages, loans, investment services, and insurance.
- Convenient Online and Mobile Banking. Associated Bank provides a robust online and mobile banking platform that makes it easy for customers to manage their finances anytime, anywhere. Customers can check account balances, pay bills, transfer funds, and deposit checks using their mobile devices or computers.
- Focus on Customer Service. Associated Bank is committed to providing exceptional customer service. The bank has a 24/7 customer support team that can assist customers with their banking needs. It also offers online tools and resources to help customers manage their accounts more effectively.
- Commitment to Community. Associated Bank strongly commits to the communities it serves. The bank supports various non-profit organizations and community initiatives and promotes environmental responsibility and sustainability.
- Strong Security Measures. Associated Bank takes security seriously and has implemented advanced security measures to protect its customers' financial information and assets. These measures include multi-factor authentication, encryption, and fraud detection software.
- Personalized Wealth Management. Associated Bank's wealth management team provides personalized financial planning and investment advice to help customers achieve their long-term financial goals.
Overall, these features make Associated Bank a reliable and customer-focused financial institution. Whether you're looking to manage your finances, grow your business, or plan for the future, Associated Bank has the expertise and resources to help you achieve your goals.
Requirements
The specific requirements to open an account or obtain a loan with Associated Bank may vary depending on the product or service you are interested in. However, here are some general requirements that you may need to meet:
To open a personal checking or savings account, you will typically need to provide the following:
-
Personal identification includes a driver's license, passport, or state-issued I.D.
-
Social Security number or tax identification number.
-
Proof of address, such as a utility bill or lease agreement.
-
The minimum opening deposit varies depending on the type of account you want to open.
To apply for a personal loan, you will typically need to provide the following:
-
Personal identification, such as a driver's license, passport, or state-issued I.D.
-
Social Security number or tax identification number.
-
Proof of income, such as pay stubs or tax returns.
-
Employment information, including your employer's name and contact information.
-
Information about your financial histories, such as credit score, outstanding debts, and any bankruptcies or foreclosures.
To apply for a small business loan, you will typically need to provide the following:
-
Business identification, such as a business license or registration certificate.
-
Tax identification number or employer identification number.
-
Business financial statements, such as income statements and balance sheets.
-
Business plan and projections, if applicable.
-
Personal identification and financial information, as listed above.
Note that these are just general requirements, and the specific requirements may vary depending on the product or service you are interested in and your circumstances. Therefore, it's always a good idea to contact Associated Bank directly or visit their website to get more detailed information on the specific requirements for the product or service you're interested in.
Access on the Go
Associated Bank provides convenient online and mobile banking services that allow customers to access their accounts and manage their finances on the go.
To access the bank's online banking services, customers can visit the Associated Bank website and log in to their accounts. From there, they can view account balances, transfer funds, pay bills, and more. The online banking platform also offers additional features, such as the ability to view account statements, set up automatic payments, and track spending.
In addition to online banking, Associated Bank also offers a mobile banking app that can be downloaded for free from the App Store or Google Play. With the mobile app, customers can perform many of the same functions as the online banking platform, including viewing account balances, transferring funds, and paying bills. The app also provides additional features, such as the ability to deposit checks remotely by taking a photo of the check and setting up mobile alerts for account activity.
To ensure the security of its online and mobile banking services, Associated Bank has implemented advanced security measures, such as multi-factor authentication and encryption. Additionally, the bank provides customer support 24/7 to assist customers with any questions or issues they may have.
Overall, Associated Bank's online and mobile banking services provide a convenient and secure way for customers to manage their finances on the go. Whether at home, work or on the go, you can easily access your accounts and perform transactions using the bank's online and mobile banking platforms.
Associated Bank products
Associated Bank offers a wide range of financial products and services to meet the needs of its customers. Here are some of the bank's most popular products:
- Checking and savings accounts. Associated Bank offers a variety of personal and business checking and savings accounts, including interest-bearing accounts, high-yield savings accounts, and money market accounts. In addition, these accounts come with features like online and mobile banking, overdraft protection, and unlimited transactions.
- Mortgages and home equity loans. Associated Bank offers a range of mortgage products, including fixed-rate and adjustable-rate mortgages, FHA and V.A. loans, and jumbo mortgages. The bank also provides home equity loans and lines of credit for homeowners looking to access the equity in their homes.
- Personal loans and lines of credit. Associated Bank offers personal loans and lines of credit to help customers with various financing needs, such as home improvements, debt consolidation, and unexpected expenses. These loans come with flexible repayment terms and competitive interest rates.
- Business loans and lines of credit. Associated Bank provides various business lending solutions, including term loans, lines of credit, equipment financing, and commercial real estate loans. The bank also offers SBA loans and other specialized lending programs to help businesses grow and succeed.
- Investment services. Associated Bank offers a range of investment services, including wealth management, retirement planning, and trust and estate services. The bank's investment professionals can help customers develop customized investment strategies to meet their financial goals.
- Insurance. Associated Bank provides various insurance products, including life, health, and disability insurance, as well as home and auto insurance. The bank's insurance specialists can help customers find the right coverage to meet their specific needs.
Overall, these products and services make Associated Bank a comprehensive financial institution that can meet the needs of individuals and businesses alike.
Which associations does Associated Bank belong to?
As a financial institution, Associated Bank belongs to several industry associations and organizations. Here are some of the main associations and groups that Associated Bank may be affiliated with:
- American Bankers Association (ABA). Associated Bank is a member of the ABA, a trade association for the U.S. banking industry. The ABA represents banks of all sizes and charters and provides advocacy, training, and education to its members.
- Independent Community Bankers of America (ICBA). Associated Bank may also be a member of the ICBA, a trade association representing community banks in the U.S. The ICBA provides advocacy, education, and other services to help community banks succeed.
- Consumer Bankers Association (CBA). Associated Bank is a member of the CBA, which is a trade association representing retail banks in the U.S. The CBA provides advocacy, education, and networking opportunities to its members.
- Federal Deposit Insurance Corporation (FDIC). Associated Bank is a Member FDIC and an affiliate of Associated Banc-Corp. The FDIC Standard Maximum Deposit Insurance Amount for deposits is $250,000 per depositor.
By being a member of these and other associations, Associated Bank can stay up-to-date on industry trends and best practices and advocate for policies and regulations that support the banking industry and its customers.
Bank Reliability
Associated Bank has a long history of providing its customers with reliable and trustworthy financial services. The bank was founded in 1861 and has grown to become one of the largest banks in the Midwest, with over 200 branches across Wisconsin, Illinois, and Minnesota.
Here are some factors that contribute to Associated Bank's reliability:
- Strong financial stability. Associated Bank has a strong financial position and consistently maintained a strong capital base, with a Tier 1 capital ratio well above regulatory requirements.
- Experienced leadership. Associated Bank is led by an experienced executive team with decades of combined experience in the banking industry. The bank also has a board of directors with diverse skills and backgrounds.
- Focus on customer service. Associated Bank is committed to providing excellent customer service and has received numerous awards for customer satisfaction. The bank also has a 24/7 customer support center to assist customers with any questions or issues.
- Technology and security. Associated Bank has invested heavily in technology and security to ensure the safety and reliability of its online and mobile banking services. The bank uses industry-standard encryption and multi-factor authentication to protect customer data and prevent fraud.
- Community involvement. Associated Bank is committed to being a responsible corporate citizen and is actively involved in the communities it serves. The bank has a history of supporting local charities and community initiatives, and its employees volunteer thousands of hours each year to support local causes.
Overall, Associated Bank's long history of financial stability, experienced leadership, focus on customer service, technology and security, and community involvement all contribute to its reputation as a reliable and trustworthy financial institution.
Associated Bank vs. Chime
Associated Bank and Chime are both financial institutions, but they have some key differences.
- Account types. Associated Bank offers a range of personal and business checking and savings accounts, while Chime offers only one type of checking account and a savings account. Associated Bank's accounts may come with different features and requirements, such as minimum balance requirements or monthly fees, while Chime's accounts are generally fee-free.
- Physical branches. Associated Bank has over 200 branches across Wisconsin, Illinois, and Minnesota, while Chime is an online-only bank with no physical branches. This means that Associated Bank customers can visit a branch for in-person assistance, while Chime customers must use online and mobile banking tools.
- Fees and charges. Associated Bank's accounts may come with various fees, such as monthly maintenance fees, overdraft fees, and ATM fees, while Chime's accounts are designed to be fee-free. Chime generates revenue through interchange fees from debit card transactions rather than charging customers directly.
- ATM access. Associated Bank offers an extensive network of ATMs, while Chime provides access to a network of over 60,000 fee-free ATMs through its partnership with the MoneyPass network. Chime does not charge fees for out-of-network ATM usage, but the ATM owner may charge a fee.
- Overdraft protection. Associated Bank offers overdraft protection, which allows customers to link their checking account to a savings account or line of credit to cover overdrafts. Chime does not offer overdraft protection, but a "SpotMe" feature allows eligible customers to overdraft their accounts by up to $200 with no fees.
Overall, the key differences between Associated Bank and Chime are their account types, physical branch presence, fees and charges, ATM access, and overdraft protection options. The choice between the two may depend on the individual customer's specific banking needs and preferences.
Associated Bank vs. Marcus
Associated Bank and Marcus are both financial institutions, but they differ in a number of key ways.
- Account types. Associated Bank offers a range of personal and business checking and savings accounts, while Marcus specializes in high-yield savings accounts and personal loans. While Marcus does not offer to check accounts, it does offer CDs and a no-penalty CD option.
- Physical branches. Associated Bank has over 200 branches across Wisconsin, Illinois, and Minnesota, while Marcus is an online-only bank with no physical branches. This means that Associated Bank customers can visit a branch for in-person assistance, while Marcus customers must use online and mobile banking tools.
- Fees and charges. Associated Bank's accounts may come with various fees, such as monthly maintenance fees, overdraft fees, and ATM fees, while Marcus's accounts are designed to be fee-free. Marcus generates revenue through interest on deposits and fees on personal loans.
- Interest rates. Marcus is known for offering high-yield savings accounts with competitive interest rates, while Associated Bank's interest rates may vary by account type and balance. Marcus's CD options also offer competitive rates.
- Loan options. Marcus offers personal loans, while Associated Bank offers a range of consumer and commercial loan options, including home equity loans, auto loans, and business loans.
Overall, the key differences between Associated Bank and Marcus are their account types, physical branch presence, fees and charges, interest rates, and loan options. The choice between the two may depend on the individual customer's specific banking needs and preferences, such as whether they prioritize access to physical branches or a high-yield savings account.
Associated Bank vs. Capital One
Associated Bank and Capital One are both financial institutions, but they have some key differences.
- Account types. Associated Bank offers a range of personal and business checking and savings accounts. In contrast, Capital One offers similar account types, as well as a money market account and a range of credit cards.
- Physical branches. Associated Bank has over 200 branches across Wisconsin, Illinois, and Minnesota, while Capital One has fewer branches but also offers a number of café-style branches and kiosks in select locations. This means Associated Bank customers can visit a branch for in-person assistance, while Capital One customers can use a mix of in-person and online banking tools.
- Fees and charges. Associated Bank's accounts may come with various fees, such as monthly maintenance fees, overdraft fees, and ATM fees, while Capital One's accounts are designed to be fee-free. Capital One generates revenue through interest on deposits and fees on credit cards and other financial products.
- Interest rates. Capital One is known for offering competitive interest rates on its accounts, including high-yield savings accounts and CDs. In contrast, Associated Bank's interest rates may vary by account type and balance.
- Credit cards. Capital One is a major issuer of credit cards, offering a range of options for consumers with different credit profiles and spending habits. Associated Bank does not offer credit cards directly, but it does have partnerships with card issuers to offer co-branded credit cards to its customers.
Overall, the key differences between Associated Bank and Capital One are their account types, physical branch presence, fees and charges, interest rates, and credit card offerings. The choice between the two may depend on the individual customer's specific banking needs and preferences, such as whether they prioritize access to physical branches, a high-yield savings account, or are interested in credit card options.
Associated Bank vs. Citibank
Associated Bank and Citibank are both financial institutions, but they differ in a number of key ways:
- Physical branches. Associated Bank has over 200 branches across Wisconsin, Illinois, and Minnesota, while Citibank has a larger global footprint, with over 4,000 branches in 42 countries. This means that Citibank customers have access to more physical locations, but Associated Bank customers may benefit from more localized customer service.
- Account types. Associated Bank offers a range of personal and business checking and savings accounts, while Citibank offers similar account types but also offers a range of investment accounts, including retirement accounts, investment accounts, and managed portfolios.
- Fees and charges. Associated Bank's accounts may come with various fees, such as monthly maintenance fees, overdraft fees, and ATM fees, while Citibank's accounts may also come with fees but may have more ways to avoid them, such as by maintaining a certain balance or completing a certain number of transactions per month.
- Credit cards. Both Associated Bank and Citibank offer their customers a range of credit card options, with Citibank offering a wider variety of rewards programs and benefits.
- Interest rates. Both banks offer a range of interest rates on their accounts, but Citibank may offer higher interest rates on certain account types, particularly for high-balance accounts.
Overall, the key differences between Associated Bank and Citibank are their physical branch presence, account types, fees and charges, credit card offerings, and interest rates. The choice between the two may depend on the individual customer's specific banking needs and preferences, such as whether they prioritize access to physical branches, are interested in investment accounts, or prefer credit card options with specific rewards programs or benefits.
