GREEN
BAY, Wis., April 21, 2022 /PRNewswire/ -- Associated
Banc-Corp (NYSE: ASB), the largest bank headquartered in
Wisconsin, today announced plans
to eliminate non-sufficient funds (NSF) fees and overdraft
protection transfer fees early in the third quarter of 2022.
Additionally, to continue to support customers with their financial
needs and reduce the burden of overdrafts, other modifications to
the overdraft program are being made.
Associated Bank will change consumer and small business account
fees as follows:
- Elimination of the NSF fee charged when an item is
returned
- Elimination of the overdraft protection transfer fee
- Elimination of the continuous overdraft fee
- Reduction of daily limit of overdraft fee occurrences from 4 to
2
"At Associated Bank, we are focused on helping our customers in
their day-to-day financial lives and committed to providing the
choices, fairness and transparency they deserve," said Andy Harmening, president and CEO, Associated
Bank. "These overdraft changes are in response to listening to our
customers and their immediate needs in this ever-changing
environment."
The planned changes in the third quarter are expected to reduce
the total burden of overdrafts to our customers by approximately
30%.
A variety of budgeting and savings tools can be found in
Associated's resource center.
ABOUT ASSOCIATED
BANC-CORP
Associated Banc-Corp (NYSE: ASB) has total assets of
$35 billion and is Wisconsin's largest bank holding company.
Headquartered in Green Bay,
Wisconsin, Associated is a leading Midwest banking
franchise, offering a full range of financial products and services
from more than 200 banking locations serving more than 100
communities throughout Wisconsin,
Illinois and Minnesota, and loan production offices in
Indiana, Michigan, Missouri, 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.
Investor Contact: Ben McCarville
Vice President | Director of Investor Relations
920-491-7059 | Ben.McCarville@AssociatedBank.com
Media Contact: Jennifer
Kaminski
Vice President | Public Relations Senior
Manager
920-491-7576 | Jennifer.Kaminski@AssociatedBank.com
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SOURCE Associated Banc-Corp