#United States #St. Louis #Associated Bank #Missouri

Associated Bank Opens New Branch in St. Louis

Associated Bank recently made headlines with the opening of its inaugural branch in Missouri, situated in the bustling Dellwood Crossing Shopping Center in St. Louis. This strategic expansion, announced on April 21, 2025, marks a significant milestone in the bank’s efforts to enhance its footprint throughout the Midwest.

The new branch spans around 6,000 square feet and intends not only to provide traditional banking services but also to serve as a community hub. As Shawn McCutcheon, the market president for St. Louis, highlighted, this location goes beyond mere banking; it’s a space designed to gather, inspire, and uplift the local community by leveraging financial expertise.

The grand opening was a celebration attended by local dignitaries, including Dellwood’s Mayor Reggie Jones, and community leaders like Delicia Lacy, president of the local chapter of the National Association of Real Estate Brokers. Their participation underscored the collaborative spirit that Associated Bank aims to foster in the region.

The Dellwood branch features several community-focused initiatives, including:

• - First-Time Home Buyer Education: Programs designed to equip prospective homeowners with knowledge and resources.
• - Financial Literacy and Wellness Education: Classes aimed at enhancing financial knowledge among community residents.
• - Fraud Prevention Classes: Workshops to help local citizens recognize and mitigate financial fraud risks.
• - Event Space for Community Advocates: A dedicated area for local non-profits and advocates to organize events and educational sessions.
• - Full-Service Teller Lobby: Complete banking services available along with a 24-hour deposit-enabled ATM for convenience.

This branch opening is part of Associated Bank's ongoing strategic plans to seize new market opportunities, partaking in organic growth across multiple division lines. Notably, it builds on prior expansions that began in 2023, including the introduction of commercial and industrial relationship managers and private banking services in Missouri. Currently, the bank employs 20 staff members within the state, with the branch creating seven new job opportunities, ranging from business development to affordable lending.

The foundation for Associated Bank’s operations in Missouri has existed for years, with a loan production office established since 2006. Its proximity to Southern Illinois, where it has a longstanding presence, positions the St. Louis market as a natural extension of its growth strategy. With this new branch, Associated Bank now operates nine sites within this market and is not only aiming to enhance customer deposit services but also focusing on neighborhood engagement and support.

As one of the largest banking institutions headquartered in Wisconsin, Associated Bank boasts total assets of $43 billion, offering a diversified array of banking services from nearly 200 locations across Wisconsin, Illinois, Minnesota, and now Missouri. Through comprehensive services tailored to meet local needs, Associated Bank firmly establishes itself as a key player in the Midwest financial landscape, reflecting its dedication to caliber customer experience along with community service.

In summary, Associated Bank's new location in St. Louis is a groundbreaking step reflecting their commitment to expanding its market presence while engaging closely with the local community, fostering growth and education, and ensuring residents have access to essential banking services. For further details, visit Associated Bank’s website.