Associated Banc-Corp has completed the acquisition of 32 Wisconsin branch locations from The Huntington National Bank., a subsidiary of Huntington Bancshares Incorporated. The deal, closed through its subsidiary Associated Bank, N.A., was announced in December 2018.
Associated Banc-Corp President and CEO Philip B. Flynn said, "We are pleased to announce the completion of the Huntington branch transaction and the expansion of our presence into 13 additional Wisconsin communities. This acquisition plays an important role in providing continued growth to benefit our customers and shareholders."
Per the terms of the transaction (announced in December 2018), Associated Banc-Corp will acquire $850 million of deposits and $134 million worth loans.
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