Associated Bank continues expansion in the Twin Cities market
Associated's Private Client & Institutional Services business announces the addition of several key new hires
GREEN BAY, Wis. - March 16, 2012 - Associated Banc-Corp (NASDAQ: ASBC) today announced the expansion of their Client & Institutional Services group through the strategic acquisition of four key industry players These individuals will provide robust support to aid in the company's overall strategy to invest in the expansion in the Minneapolis market. The addition of these seasoned veterans will mature the line of business' presence in Minneapolis by one-third in size and provide further testament to the Bank's drive for success and long-term commitment to the market.
Steven J. Heimermann, CIMA®, CFP® joins Associated as Senior Vice President, Regional Trust Manager for the West region. In this role, Heimermann will be responsible for managing the Personal and Institutional Trust Services group. Heimermann brings more than 20 years of trust and portfolio management experience to the position, having most recently served as a senior portfolio manager at M&I Wealth Management in Minneapolis. Heimermann received a Bachelor of Business Administration degree in Finance and Management Information Systems from the University of Wisconsin-Oshkosh, and a Master of Business Administration degree from the University of Minnesota-Carlson School of Management. Professionally, he earned the Certified Investment Management AnalystSM designation in 2007 and obtained his CERTIFIED FINANCIAL PLANNERTM certification in 2009. Heimermann will be based in the company's St. Louis Park office.
David Kuipers has transitioned to the role of Senior Vice President, Private Banking Team Leader for the West region, leading the business in the Minneapolis market. Kuipers will call upon his 20 years of financial and investment services experience and familiarity with the local market to help grow market share. Kuipers has been with Associated for six years, and earned a Master of Business Administration degree in Financial Services Management from the University of St. Thomas, and a Bachelor of Arts degree in Business Administration from the University of St. Thomas.
"The appointment of Dave and Steve as key regional leaders for the Private Client & Institutional Services line of business is critical to Associated building a solid foundation for growth in the Minneapolis market," said Tim Lau, EVP, Head of Private Client & Institutional Services. "These individuals will utilize their local market expertise and relationships to continue to grow our presence in the Twin Cities region. We are confident that Associated's commitment to the local community can fill a void in the Minneapolis market, and we're excited to continue the Bank's expansion in Minneapolis."
Reporting to Kuipers will be Jeannine R. Anderson, Senior Vice President, Private Banker in the West region. Anderson brings more than 25 years of industry experience to the position, including 22 years in private banking at regional and national banks in Minneapolis/St. Paul. Prior to joining Associated, Anderson served as a private banker at M&I Wealth Management in Eden Prairie, Minn.
Reporting to Heimermann, Eileen R. Bruckert will serve as Vice President, Personal Trust Relationship Manager in the West region. Bruckert brings more than 25 years of experience assisting individuals and families with their financial and estate planning needs. Most recently, Bruckert was a personal trust relationship manager at M&I Wealth Management in Eden Prairie, Minn. Bruckert received a Bachelor of Arts degree from Mount Mary College, and a Juris Doctor degree from the University of Minnesota Law School.
April Hearn joins Associated as Private Banking Administrative Assistant in the West region, reporting to Kuipers. Hearn brings nine years of banking experience to the position, having most recently served as a private banking coordinator at M&I Wealth Management in Eden Prairie, Minn.
Anderson, Bruckert, and Hearn will be based in the company's Minnesota Center office located in Bloomington, Minn.
ABOUT ASSOCIATED BANC-CORP
Associated Banc-Corp (NASDAQ: ASBC) has total assets of $22 billion and is one of the top 50 financial services holding companies operating in the United States. Headquartered in Green Bay, Wis., Associated has more than 250 banking locations serving more than 150 communities throughout Wisconsin, Illinois and Minnesota. The company offers a full range of banking services and other financial products and services. 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.
Fiduciary, administrative and planning services are provided by Associated Trust Company, N.A. ("ATC"). Investment management services are provided to ATC by Associated Investment Management, LLC ("AIM") and Kellogg Asset Management, LLC® ("KAM"), SEC-registered investment advisers. ATC, AIM and KAM are affiliates of AB-C. Private Client & Institutional Services is a marketing name Associated Banc-Corp uses for products and services offered by Associated Bank, N.A., ATC, AIM and KAM.
Contact: Autumn M. Latimore
Senior Vice President
Public Relations Director