One of the 21 branches of Associated Bank expected to be closed in Wisconsin, Illinois & Minnesota is located in Sturgeon Bay. WDOR news has learned that the branch slated for closure is at 519 South Lansing Street, on the city’s west side. Sturgeon Bay has two other Associated Bank facilities, the main branch at 57 North Third Avenue, downtown, & another east side branch at 1332 Egg Harbor Road, near the Cherry Point Mall. The bank says most of the branches to be closed are within two miles of another branch, calling the move a question of efficiency. Associated reports it has seen its over the year revenue slip a bit, but it still has assets of 22 billion dollars & a total of 270 branches.
