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Associated Bank in Algoma to close

You will have one less choice when it comes to banking in Algoma soon.  Associated Bank announced recently that Algoma and four other statewide locations will be closing on October 29 because of low customer traffic.  According to Jennifer Kaminski, public relations senior manager with Associated Bank, the closing was based on looking at “transaction trends” and “strategic fit”.  Customers of Associated Bank in Algoma will be referred to the Sturgeon Bay location on Third Avenue, while employees of the bank will be offered jobs within the company “where positions are available.  Other closing Associated Bank branches in the state are in Winneconne, Racine, Hudson, and Superior.  

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