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ASSOCIATED BANK ANNOUNCES THIRD ANNUAL DAY OF SERVICE

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Associated Bank (NYSE: ASB) is organizing its third annual Day of Service on June 25, mobilizing over 2,400 employees across four states. The initiative focuses on food security, youth services, and financial education through volunteer work with hundreds of nonprofits. The bank is distributing $17,500 in community grants and running a Stock the Box food drive across branches. Since 2023, the program has contributed over 13,300 volunteer hours valued at $435,000. In 2024, 58% of employees participated in activities at 163 nonprofits across 110 cities. The initiative is part of Associated's broader $2 billion Community Commitment Plan, demonstrating the bank's dedication to community development.
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Positive

  • Bank demonstrates strong community engagement with 2,400 employees participating in volunteer activities
  • Distribution of $17,500 in community grants shows financial commitment to local nonprofits
  • Part of larger $2 billion Community Commitment Plan indicating substantial investment in communities

Negative

  • None.

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+2.95% News Effect

On the day this news was published, ASB gained 2.95%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Over 2,400 bank employees mobilize across four states; $17,500 in grants and a food drive fuel community impact

GREEN BAY, Wis., June 23, 2025 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") will hold its third annual Day of Service event on June 25, mobilizing more than 2,400 employees to volunteer with hundreds of nonprofit organizations across Wisconsin, Illinois, Minnesota and parts of Missouri. Each employee will receive extra volunteer time off hours to support initiatives focused on addressing food security, youth support services and financial education.

As a part of this year's effort, Associated is also distributing $17,500 in community grants to a dozen nonprofits. Notably, one grant will provide sporting equipment for the Jackie Joyner-Kersee Foundation in East St. Louis, which provides youth programs centered on education and athletics. The equipment will be used during the Day of Service at its youth summer camp to host a sports-themed financial education session and physical activity and will remain with the organization for use indefinitely.

Additional volunteer activities this year include repacking food at food banks and pantries, decorating meals on wheels bags, community gardening or cleaning, interacting with youth centers or summer camps, and more. Specific volunteer activities will vary based on each market and community's needs.

"At Associated, service is in our branch and across our company," said Andy Harmening, president and CEO, Associated Bank. "This year's day of service reflects our long-standing commitment to strengthening the communities we serve, through both hands-on support and direct investment in the organizations doing the hard work every day."

In the lead up to the Day of Service, from June 4 to June 20, all Associated Bank branches host a public food drive called Stock the Box™, encouraging community members to donate nonperishable, non-glass food items at local branches. Donations are then brought to area food pantries and nonprofit partners.

Since its launch in 2023, the Day of Service has contributed more than 13,300 volunteer hours, representing $435,000 in community service value. In 2024, 58% of Associated employees participated in Day of Service activities at 163 nonprofit organizations across 110 cities.

This initiative reflects Associated's broader commitment to play an active role in helping the communities it serves grow and prosper. In addition to volunteerism, Associated provides loans and investments through its $2 billion Community Commitment Plan as well as financial support through charitable donations primarily aimed at community development programs.

ABOUT ASSOCIATED BANC-CORP
Associated Banc-Corp (NYSE: ASB ) has total assets of $43 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 nearly 200 banking locations serving more than 100 communities throughout Wisconsin, Illinois, Minnesota and Missouri. 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

ABOUT STOCK THE BOX™ 
Stock the Box™ is a public food drive initiative led by Associated Bank that collects nonperishable food items for local nonprofit organizations at select bank branches or other locations. The drives typically take place during Associated's annual Day of Service.

Associated Bank Contact: Andrea Kozek
VP/Senior Manager, Public Relations
920-491-7518

Cision View original content:https://www.prnewswire.com/news-releases/associated-bank-announces-third-annual-day-of-service-302488273.html

SOURCE Associated Banc-Corp

FAQ

What is Associated Bank's (ASB) Day of Service 2025?

Associated Bank's Day of Service is an annual volunteer event on June 25, 2025, where over 2,400 employees across four states participate in community service activities focusing on food security, youth support services, and financial education.

How much is Associated Bank (ASB) investing in community grants for Day of Service 2025?

Associated Bank is distributing $17,500 in community grants to a dozen nonprofits as part of its 2025 Day of Service initiative.

What is the impact of Associated Bank's (ASB) Day of Service program since 2023?

Since 2023, Associated Bank's Day of Service has contributed over 13,300 volunteer hours, representing $435,000 in community service value, with 58% of employees participating in 2024 across 163 nonprofit organizations in 110 cities.

What is Associated Bank's (ASB) Stock the Box program?

Stock the Box is Associated Bank's public food drive running from June 4 to June 20, where community members can donate nonperishable, non-glass food items at local branches for distribution to area food pantries and nonprofit partners.

How does Associated Bank's (ASB) Day of Service fit into their overall community commitment?

The Day of Service is part of Associated Bank's broader $2 billion Community Commitment Plan, which includes loans, investments, and charitable donations aimed at community development programs.
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