Associated Bank Announces New Twin Cities Leadership, Brings Enhanced Banking Services to Minneapolis with New Branch in Iconic IDS Center

Core Insights - Associated Banc-Corp announced the appointment of Mike Lebens as the new Twin Cities market president effective January 1, 2026, succeeding Paul Schmidt [1][3] - The grand opening of the new IDS Center branch in downtown Minneapolis marks a significant investment in the market, enhancing customer experience and expanding the bank's footprint [2][4] Leadership Transition - Mike Lebens joined Associated in May 2024 from Wells Fargo Bank, where he held various leadership roles for 22 years [2] - Paul Schmidt, the current market president, announced his retirement plans for the end of 2025, having served in his role since 2022 [3] Branch Opening Details - The new IDS Center branch features 1,665 square feet of retail space and over 6,000 square feet of office space, representing a 400 square feet increase from the previous Baker Center branch [4][7] - The branch will offer a comprehensive range of banking services, including personal banking, commercial banking, wealth solutions, commercial real estate services, and private banking [6] Market Presence and Strategy - Associated Banc-Corp is expanding its presence in the Greater Twin Cities area, with plans to move its Minneapolis offices to the IDS Center's 43rd floor, which will more than double its current footprint [8] - The bank operates nearly 200 locations across Wisconsin, Illinois, Minnesota, and Missouri, with total assets of $44 billion, making it the largest bank holding company based in Wisconsin [9]