Associated Banc-Corp Secures Merger Approval to Expand Market Presence and Enhance Services

### Strategic Merger Enhances Associated Banc-Corp's Market Presence

Associated Banc-Corp, a significant player in the banking sector, announces a pivotal development as it secures necessary regulatory approvals for its anticipated merger with American National Corporation and its banking subsidiary, American National Bank. This merger, set to close on April 1, 2026, is endorsed by the Office of the Comptroller of the Currency and the Board of Governors of the Federal Reserve System. The approval signifies a major strategic move for Associated, allowing it to penetrate the Omaha market while simultaneously strengthening its foothold in the Twin Cities area. Andy Harmening, President & CEO of Associated Banc-Corp, articulates the merger as a transformative event that will not only expand the bank's geographic footprint but also enhance the quality of service offered to a broader range of clients.

The merger holds considerable implications for customer experience, as Associated aims to maintain the local, personalized service that American National clients currently enjoy. As the integration of the two banking entities unfolds, Associated is committed to ensuring that service continuity remains a paramount focus. The transition will take place in the third quarter of 2026, during which customers of American National will continue to access services at established locations. This approach underscores Associated's strategy of prioritizing customer relationships while leveraging operational synergies from the merger. The collaborative effort is designed to foster a seamless experience for all stakeholders, reinforcing client trust and satisfaction during the transition period.

Moreover, the merger supports Associated's goals for organic growth and operational excellence. With total assets reported at $45 billion and a network of nearly 200 locations across Wisconsin, Illinois, Minnesota, and Missouri, the integration of American National Bank strengthens the bank holding company's ability to offer a comprehensive suite of financial services. The combined resources and expertise are expected to create an enhanced support framework for customers, allowing for innovations in service offerings that meet the evolving demands of consumers in modern banking landscapes.

In related news, Associated Banc-Corp continues to explore avenues for expansion and improved service delivery, leveraging its sizable asset base and extensive geographic presence. The strategic alliance with American National exemplifies the bank's dedication to fostering growth while enhancing customer experiences in an increasingly competitive sector.

For additional insights and updates on Associated Banc-Corp, interested parties can visit the company's official website.