- Associated Banc-Corp (ASB, Financial) opens its first branch in Missouri, expanding into a new market with a strategic presence in St. Louis.
- The new Dellwood branch creates seven new jobs and includes community-focused services and amenities.
- St. Louis is Associated's sixth largest market, representing 3.6% of the bank's total deposits.
Associated Banc-Corp (ASB) has announced the official opening of its first Missouri branch, strategically located at the Dellwood Crossing Shopping Center in St. Louis. The 6,000-square-foot facility opens its doors on April 21, 2025, and includes a Community Advocacy Center along with a meeting space accommodating over 30 people. This marks a notable expansion into a new market for Associated Banc-Corp.
The Dellwood branch will not only facilitate traditional banking services but will also serve as a hub for community engagement. It offers educational programs such as first-time home buyer education, financial literacy, and fraud prevention classes. A full-service teller lobby and a 24-hour deposit-enabled ATM are also available for customer convenience. In addition, the site employs seven new staff members, enhancing the local workforce with roles including a workplace business development officer and a community accountability officer.
St. Louis represents a significant part of Associated's growth strategy, being its sixth largest metropolitan statistical area with 3.6% of total bank deposits. This development aligns with the bank's broader Midwest expansion strategy, following its commercial presence in Missouri since 2006 and the Southern Illinois operations established in 1997. The new branch supports Associated Bank's initiatives to deepen its Midwest footprint and bolster its regional presence.
Currently, Associated Banc-Corp maintains 20 colleagues in Missouri, including recent additions to the commercial team in Kansas City. This expansion reflects a continued growth momentum and commitment to market development in the region.
