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Is Associated Banc-Corp a good bank?

Associated Banc-Corp has navigated the high rate environment, maintaining stable net interest income and a net interest margin above pandemic levels. Despite a drop in deposits and loan growth challenges, the bank's loan-to-deposit ratio remains stable.

Does Associated Banc-Corp have a prime rate?

GREEN BAY, Wis., Sept. 18, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB), the holding company for Associated Bank, N.A., announced today it has decreased the bank's prime rate from 8.50 percent to 8.00 percent, effective September 19, 2024.

What challenges does Associated Banc-Corp face?

Associated Banc-Corp (NYSE: ASB) is a regional bank with over 200 branches in Wisconsin, Illinois, and Minnesota. The bank has faced the same challenges as the rest of the industry, with sharply rising interest rates and the struggle to maintain deposits.

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