Associated Bank move will bring 350 jobs to downtown Green Bay

Associated Banc-Corp’s decision to consolidate six offices into its new downtown Green Bay headquarters will bring 350 new employees downtown to the Regency Center office building at 333 Main St., according to a report in the Green Bay Press Gazette.

Associated President and CEO Philip Flynn, who addressed the pending move during a press conference today at the Regency, noted the company’s roots are in downtown Green Bay. Its corporate headquarters was moved from downtown Green Bay to Ashwaubenon in 1998.

“We ought to be headquartered in downtown Green Bay,” Flynn said.

Associated will spend $4 million to $6 million to renovate the interior of the six-floor building, and employees will begin the move in summer. Completion is expected about this time next year, the report indicated.

Jeff Mirkes, executive director of Downtown Green Bay Inc., told the Press Gazette the move will be a catalyst for other downtown development. Mirkes said the organization has a list of 30 businesses looking at downtown, and some are more likely to move due to Associated’s decision.

The firm has $22 billion in assets and more than 250 offices in Illinois, Minnesota, and Wisconsin.