Intro – Associated Bank Reviews & Ranking
Associated Bank was recently ranked and reviewed by AdvisoryHQ as a top rated banking firm. Firms on our top rated lists were selected after they successfully passed AdvisoryHQ’s ground-breaking, four-step banks and credit unions selection methodology.
Click here for a step-by-step breakdown of the methodology and selection process used during our Associated Bank review: AdvisoryHQ’s Methodology for Selecting Top Banks and Credit Unions.
The Associated Bank review below provides a detailed assessment, including some of the factors used by AdvisoryHQ News in its ranking and selection of Associated Bank.
Associated Bank Review
The Associated Bank family tree dates back to 1861 with the founding of First National Bank of Neenah. Over the years, they aligned with Kellogg Citizens Bank of Green Bay and Manitowoc Savings Bank and in 1970 became Associated Bank.
Today, Associated Bank has over 200 locations that serve more than 100 communities throughout Wisconsin, Illinois, and Minnesota. Associated Bank is backed by the strong financial foundation of its parent company, Associated Banc-Corp, which holds more than $29 billion in assets.
This top banking firm offers a full range of traditional banking services as well as a variety of other financial products and services.
Image Source: Associated Bank
Key Factors Leading Us to Rank This Firm as One of This Year’s Top Banking Firms
Upon completing our detailed reviews, Associated Bank was included in AdvisoryHQ’s ranking of this year’s best banking firms based on the following factors.
Associated Bank Review: Savings Account Options
Associated Bank has a variety of options available to help customers begin putting money away for their future or to build an emergency fund.
Savings accounts available at Associated Bank are:
- Associated Savings: $25 opening deposit and $300 daily minimum balance to enjoy fee-free saving
- Associated Advantage Money Market: $1,000 opening deposit, good fit for those who are serious about growing their funds
- Certificates of Deposit: guaranteed a fixed rate of return, terms from 30 days to 60 months
- Health Savings Account: useful for managing healthcare expenses while gaining tax benefits
- Retirement Savings Accounts: includes IRAs, annuities, and nonqualified retirement plans
Associated Bank Review: Mortgage Incentive
Purchasing a home is expensive. From the down payment and inspection fees to closing costs, buying a home can take a serious toll on a savings account.
That’s why Associated Bank offers an incentive to their mortgage customers to help with some of those costs.
Customers who choose to take advantage of mortgage loan programs are rewarded with $500 off of their closing costs.
Associated Bank Review: Private Banking
For those who have large amounts of money to handle, Associated Bank offers a private banking option that assigns customers their own private banker.
The private banker helps clients to analyze their liquidity and cash-flow requirements as well as their credit needs.
Private bankers at Associated Bank structure individualized strategies to help private banking customers maximize their financial position and ensure that they are ready to act when potential opportunities arise.
In order to accomplish this, they offer many deposit solutions to their private banking clients, including:
- Checking, savings, money market, and sweeps accounts designed specifically for private banking clients
- State of the art online banking and bill pay technology
- Competitive rates on CDs and access to CDARS CDs that are FDIC insured
Private banking clients are also offered a variety of credit and lending solutions as well:
- Mortgage loans featuring relationship reward pricing and flexible payments
- Home equity lines and loans for second homes or investment property
- Securities-based lending
- Specialized financing programs for accounting, medical, and law professions
- Visa Signature Elite credit card
Associated Bank Review: Digital Payments
Associated Bank wants to make sure that their customers feel confident and secure in using their Associated debit or credit card. To make using them as simple, convenient, and secure as possible, they offer digital mobile wallet payment solutions for their cards.
Photo courtesy of: Associated Bank
Customers can make safe and secure payments using their phone or tablet by utilizing Apple Pay, Masterpass, or Samsung Pay on their device.
With either of these services, customers of Associated Bank are able to make convenient and secure payments at hundreds of thousands of merchants nationwide.
In addition to the above Associated Bank review, you can click on any of the links below to browse exclusive reviews of AdvisoryHQ’s top rated banking firms:
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