Wisconsin Bank Goes 'National' on Warehouse

Associated Banc-Corp., Green Bay, Wis., plans to become a national warehouse lender, breaking out of its two-state only business model. At press time details were not available but advisors close to the company confirmed the news about its plans. Currently, the bank will extend warehouse credit to nondepositories in Illinois and Wisconsin. Matt Wolfe, an officer at the bank's office in Chicago, has been put in charge of the effort. The move into national lending is being extended into other product sectors as well, including the insurance sector.

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