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Shaw Joins Associated as Senior VP - Correspondent Services

Associated Banc-Corp (NASDAQ: ASBC) announced today that Bernard R. Shaw has joined Associated as Senior Vice President, Manager of Correspondent Services. He brings more than 35 years of banking and financial experience to the position. Shaw will be based in Milwaukee.

"Bernie brings a wealth of experience to Associated," said Peter Thursby, Executive Vice President, Corporate Banking. "He is charged with expanding the reach of our correspondent services, with a primary focus on providing credit and processing services for our clients."

Previously, Shaw held the position of Vice President of Correspondent Banking for LaSalle Bank in Milwaukee, where he was responsible for overseeing correspondent banking in Wisconsin and Minnesota. Other experience includes 18 years with Freddie Mac in a number of sales and credit management roles. Shaw holds a bachelor's degree in Finance from Marquette University, Milwaukee.

Shaw and his team of corporate bankers, who are located across Associated's business footprint, work with small to medium-size financial institutions, providing check clearing, vault services, treasury management, international banking services, training programs, leasing services, insurance, and retirement planning solutions.

Associated Bank is part of Associated Banc-Corp, headquartered in Green Bay, Wis., a diversified bank holding company with total assets of $22 billion. Associated has approximately 300 banking offices serving more than 180 communities in Minnesota, Wisconsin, and Illinois. The company offers a full range of traditional banking services and a variety of other financial products and services. More information about Associated Banc-Corp is available at www.AssociatedBank.com.

Contacts:

Associated Bank
Janet Ford, Corporate Communications
Office 414.278-1890
Cell 414.207-5070
janet.ford@associatedbank.com

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