CHICAGO – September  26, 2017 – The Green Bay, Wis. Ferguson Family YMCA, previously known as the Downtown YMCA, has undergone a renovation with the support of Green Bay-based Associated Bank. Associated recently provided $2.3 million of Wisconsin Historic Tax Credit (HTC) equity towards the building’s revitalization.


The 93-year-old, 112,000 sq. ft. building, located at 235 N. Jefferson Street, was modernized with an open-concept design facility. The building received extensive structural and mechanical improvements and modern materials were used to complement the existing wood elements and the naturally lit atrium. Several activity spaces, including the Gymnastics Center and pool were updated, and were further enhanced with the addition of the new Family Adventure Center.


The renovation began one year ago, on April 18, 2016, with an official unveiling of the facility and its new name this past spring. Associated provided the $7 million construction loan, in addition to a $250,000 donation towards the facility’s improvements and upgrades.


The Greater Green Bay YMCA, which has four branches in the area, is a cause-driven 501(c)(3) charity for youth development, healthy living and social responsibility. YMCA has been in operation in the Green Bay area since 1870 and today serves more than 30,000 members in the community.


Teresa Gutierrez, senior vice president for Commercial Real Estate, based in Chicago, managed the equity investment, and Julian Lamue, senior vice president for Commercial Lending, based in Green Bay, handled the loan arrangements and closing.


Headquartered in Chicago, Associated Bank’s Commercial Real Estate division is committed to providing commercial real estate developers/owners/operators with an array of financing solutions, in addition to products and services that meet their unique needs. Associated’s Commercial Real Estate division has offices in Illinois, Indiana, Michigan, Minnesota, Missouri, Ohio and Wisconsin.                                 



Associated Banc-Corp (NYSE: ASB) has total assets of nearly $30 billion and is one of the top 50 publicly traded U.S. bank holding companies. Headquartered in Green Bay, Wisconsin, Associated is a leading Midwest banking franchise, offering a full range of financial products and services from over 200 banking locations serving more than 100 communities throughout Wisconsin, Illinois and Minnesota, and commercial financial services in Indiana, Michigan, Missouri, 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