Associated Bank and Associated Bank Foundation commit $2.1 million across Nebraska and Council Bluffs, Iowa, carrying American National Bank's legacy forward

The Salvation Army commitment provides four years of youth-program funding, alongside $2 million in foundation community investments.

Rhea-AI Summary

Associated Banc-Corp (NYSE: ASB) and the Associated Bank Foundation committed $2.1 million to communities in Nebraska and Council Bluffs, Iowa. The commitment includes $2 million in foundation investments supporting community organizations and a $100,000 bank donation to The Salvation Army Western Division.

The donation will provide $25,000 annually for four years beginning in January 2027, supporting youth programs at the North Corps Community Center in North Omaha. Associated completed the conversion of American National Bank customer accounts in October 2026. The acquisition closed April 1, 2026, expanding Associated's presence into Nebraska and Iowa and adding to its Twin Cities presence.

2 points · 0 major

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Positive

• Moderate pointAmerican National Bank acquisition closed April 1, 2026, expanding Associated's Nebraska, Iowa and Twin Cities presence.
• Minor pointCustomer account conversion from American National Bank was completed in October 2026.

Negative

• Minor point. Forward-looking: it has not happened yet and may not happen.$2 million foundation commitment allocates funding to community organizations across Nebraska and Council Bluffs.
• Minor point. Forward-looking: it has not happened yet and may not happen.$100,000 bank donation commitment requires $25,000 annually for four years beginning in January 2027.

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$100,000 donation to The Salvation Army Western Division will support youth programs at the North Corps Community Center in North Omaha

OMAHA, Neb., Nov. 6, 2026 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated" or "Company") and the Associated Bank Foundation are committing $2.1 million in Nebraska and Council Bluffs, Iowa, including a $100,000 donation from Associated Bank to The Salvation Army Western Division to support youth programming at its North Corps Community Center and $2 million in community investments through the Associated Bank Foundation. Associated President and CEO Andy Harmening announced the commitment at The Salvation Army Tree of Lights Family Festival, weeks after Associated completed its conversion of American National Bank.

The $2 million community investment will support community organizations across Nebraska and Council Bluffs. Together, the commitments mark Associated Bank and Associated Bank Foundation's first major community investment in Omaha since American National customers transitioned to Associated Bank in October.

Between 2015 and June 2025, American National supported an average of 337 community organizations each year, partnering with nonprofits, entrepreneurs, educators and civic leaders across the region. Associated Bank and the Associated Bank Foundation are committed to continuing that tradition of community involvement, and this investment builds on that legacy with the added resources of a larger regional bank.

"For Associated, being part of Nebraska and Council Bluffs is about more than having a presence here. It's about being part of the community by showing up, building relationships and supporting the organizations that make these great places to live and work," said Harmening. "We're proud that the Associated Bank Foundation will invest $2 million to support organizations that help our communities thrive. We know that building strong communities takes partnership, commitment and people who are willing to invest in one another."

The Salvation Army donation will provide $25,000 a year for four years beginning in January 2027. The funding will support youth programs at the North Corps Community Center, located at 24th and Pratt Streets in North Omaha, including the center's after-school program and summer day camp. American National Bank led the capital campaign to fund the center, and Associated's donations will carry on that investment for the community's benefit for years to come.

"This $100,000 donation will help strengthen the programs and opportunities we provide at our North Omaha Community Center, giving young people a safe, supportive environment where they can learn, grow and build a brighter future," said Jeff Beckman, executive director of development at The Salvation Army Western Division. "We're grateful for Associated Bank's generous commitment to investing in the youth of North Omaha and partnerships like this one make a meaningful difference for the families and neighborhoods we serve."

Jason Hansen, Associated's Nebraska and Western Iowa market president, began his career at American National Bank as a teller in 2000 and served as the bank's president before joining Associated.

"American National built its reputation on knowing this community, and that local knowledge is still at the heart of how we serve Nebraska and Council Bluffs," said Hansen. "What's changed is what we can bring to it. The local relationships are still here, and now they're backed by the scale to do more, from expanded banking capabilities for our customers to investments like this one in the organizations that make our communities strong."

Associated completed the conversion of American National Bank customer accounts in October 2026. The acquisition, which was announced in December 2025, closed April 1, 2026, and expanded Associated's presence into Nebraska and Iowa while further strengthening its presence in the Twin Cities as part of the bank's organic growth strategy.

ABOUT ASSOCIATED BANC-CORP

Associated Banc-Corp (NYSE: ASB) has total assets of $51 billion and is the largest bank holding company based in Wisconsin. 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 throughout Wisconsin, Illinois, Iowa, Minnesota, Missouri and Nebraska. The Company also operates loan production offices in Indiana, Kansas, Michigan, New York, 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 www.associatedbank.com.

Media Contact: Andrea Kozek, andrea.kozek@associatedbank.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/associated-bank-and-associated-bank-foundation-commit-2-1-million-across-nebraska-and-council-bluffs-iowa-carrying-american-national-banks-legacy-forward-302932140.html

SOURCE Associated Banc-Corp

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much are Associated Bank and its foundation committing to Nebraska and Council Bluffs?

The combined commitment is $2.1 million: $2 million in community investments through the Associated Bank Foundation and a $100,000 donation from Associated Bank to The Salvation Army Western Division.

Which programs will Associated Bank's Salvation Army donation support?

The donation will support youth programming at the North Corps Community Center in North Omaha, including its after-school program and summer day camp. Funding will be provided at $25,000 a year for four years beginning in January 2027.