While dozens of internationally known corporations have chosen the Milwaukee area for their headquarters, there are thousands and thousands of smaller businesses that also drive our local economy forward. They supply parts and warehousing space for larger manufacturers, day-to-day services for our communities and employment for thousands of workers.
It’s no secret that the financial services industry has radically changed in the past decade. Community banks face strong competition from larger banks on the coasts—not just for customers, but in the services they offer. And these “big banks,” in their quest for efficiency, have opted for more automated account servicing and less banker-to-business interaction.
At Associated Bank, we’ve seen these changes—and have kept up with them. For one, we’ve focused on robust technology solutions that make day-to-day tasks like HR and treasury management easier.
More importantly, we continue to deliver a service model of local relationship managers—a critical component when you’re making big decisions that affect your company’s next move. It’s part and parcel of our core mission to offer financial services to the Midwest. Because we’re based here, we know the benefits, opportunities and challenges of doing business here.
Many mid-sized businesses start with their local community bank. Often, they’ve known and trusted their bankers for decades. But once they hit a certain threshold—say, going from a startup to a multi- million-per-year concern—they may need financial tools their community bank can’t offer.
That’s where Associated Bank wins in business banking. “We’re interested in welcoming new business customers who want a higher level of services and financial products as well as the chance to still meet face-to-face with a local relationship manager,” says Keith Prusko, business banking team leader. “The result is a richer, more efficient consultation that not only fits your needs but can uncover other connections in the market who might be able to help your company grow.”
We realize we can only be successful if the communities in which we operate are also successful. By sharing our expertise and financial support, Associated Bank is proud to provide lending initiatives and investments, creating opportunities for businesses of all sizes to fully participate in and share the rewards of building economic stability in our communities.
If you’re interested in getting the most from a business banking relationship, feel free to reach out
to any of our bankers or visit our website at AssociatedBank.com/Business.