Two branches consolidate into new branch outside of the Eclipse Center

BELOIT, Wis. –Jan. 8, 2014 – Associated Bank, part of Associated Banc-Corp (NASDAQ: ASBC), announced today that its Beloit downtown location at 531 E. Grand Ave. will close at 6 p.m. on Friday Jan. 10, 2014 and its drive-thru will close at noon on Saturday, Jan. 11, 2014. The Beloit Shopko location at 2741 Prairie Ave. will close at 6 p.m. on Thursday, Jan. 9, 2014. The two branches will consolidate into a new branch located at 602 Henry Ave. on Monday Jan. 13.

The new branch, built in partnership with Hendricks Commercial Properties, is located outside of the Eclipse Center as part of the mixed-use commercial project. The newly built 4,000 square-foot office will offer customers an enhanced banking experience in a revitalized and spacious layout, reflecting the updated Associated brand style. The branch will provide convenient access to the services customers need, including: safe deposit boxes, drive-thru banking lanes, drive-up ATM lane, drive-up night deposit, lobby teller stations, and an accessible teller station.

“We are extremely pleased with the new location because it gives us more opportunity to deliver the best possible customer service experience,” said Jimmy Kauffman, senior vice president and regional retail director, Associated Bank, “We take great pride in the relationships we have built in this community and we are thrilled to continue these relationships at our new location.”