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Associated Banc-Corp completes acquisition of First Staunton Bancshares

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Associated Banc-Corp completes acquisition of First Staunton Bancshares

Green Bay, Wis.-based Associated Banc-Corp has completed the acquisition of Staunton, Ill.-based First Staunton Bancshares Inc.

Under the terms of the deal, First Staunton Bancshares unit First National Bank in Staunton will merge into Associated Banc-Corp unit Associated Bank NA.

In a news release, Associated Banc-Corp disclosed that all First Staunton branches and ATMs were closed for business as of 3 p.m. on Feb. 14. Those scheduled to convert to Associated Bank will reopen Feb. 17 as branches and ATMs of Associated Bank.