Conlon Sets Stage for Growth at Associated Banc-Corp in Remarks to Shareholders.GREEN BAY, Wis adv. 1. Certainly; really; indeed. v. t. 1. To think; to suppose; to imagine; - used chiefly in the first person sing. present tense, I wis. See the Note under Ywis. .--(BUSINESS WIRE)--April 22, 1998--A strong focus on the customer will characterize the efforts of Associated Banc-Corp Associated Banc-Corp is a bank holding company headquartered in Green Bay, Wisconsin. As of early 2007, it had $20.8 billion in assets and was the 41st largest bank holding company in the United States.[1] The company has over 5101 employees. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ASBC ASBC American Society of Brewing Chemists (St. Paul, MN) ASBC American Small Business Coalition ASBC Air and Space Basic Course (USAF) ASBC Archaeological Society of British Columbia ) over the next five years, Chairman and Chief Executive Officer H.B. Conlon told his shareholders Wednesday. Conlon also announced at the company's annual shareholder meeting a five-for-four stock split in the form of a 25 percent stock dividend. The stock dividend, in addition to a regular dividend of $0.29, was approved by Associated's Board prior to the meeting. Conlon set the stage for the future of the $10.7 billion Green Bay-based bank holding company at its annual shareholder meeting. In his remarks to shareholders, Conlon said the company's strategy would be driven by its core values, including a focus on customers maintaining a culture that strengthens the company's ties to the communities where it does business. "We will organize around the customer to consistently exceed their expectations ... We will maintain a culture that values community service through active volunteerism vol·un·teer·ism n. Use of or reliance on volunteers, especially to perform social or educational work in communities. volunteerism and financial support," Conlon said. "We believe that we will be successful because ... we advocate a philosophy of being a customer and community driven company, which will differentiate us from our larger bank and financial service competitors. We will differentiate ourselves from our smaller competitors by creating a broad financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. product line and the capacity to deliver those products in a manner that will meet the changing needs of our customers," he said. Conlon also highlighted the company's financial success, noting the Associated's total average return of 26.2 percent over the last five years. Also at the meeting shareholders re-elected nine directors with expiring terms; and shareholders approved the Associated Banc-Corp Amended and Restated Long-Term Incentive Stock Plan. Associated Banc-Corp, headquartered in Green Bay, Wis., is a diversified diversified (di·verˑ·s multibank holding company Noun 1. multibank holding company - a bank holding company owning several banks bank holding company - a holding company owning or controlling one or more banks with more then 225 banking locations and more than 220 ATMs serving 150 communities in Wisconsin and Illinois. The $10.7 billion company offers a full-range of traditional banking services and a variety of financially related products and services through other Associated affiliates. More information on Associated Banc-Corp is available through the Internet at http://www.assocbank.com. CONTACT: Associated Banc-Corp Analysts: Joseph B. Selner, 920/433-3203 Media: Jonathan E. Drayna, 920/433-3246 |
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