Empowering Communities Through Service: Associated Banc-Corp's Initiative
Associated Banc-Corp (NYSE: ASB) is once again set to make a significant impact with its third annual Day of Service event. This initiative engages over 2,400 employees as they volunteer their time and energy to support various nonprofit organizations. With grants totaling $17,500 distributed among twelve nonprofits, this event promises to enhance the lives of many individuals in the communities they serve.
A Commitment to Service
This year, employees from Associated Banc-Corp are prepared to volunteer at numerous locations, supporting initiatives that focus on food security, youth services, and financial education. By receiving extra hours for volunteering, these employees are empowered to make a real difference in their communities.
Significant Community Grants
Notably, the company is distributing funds to aid specific community efforts. One grant will help provide sporting equipment for the Jackie Joyner-Kersee Foundation, which focuses on offering educational and athletic programs to youth in underserved areas. This equipment will be utilized during the Day of Service, aiming to facilitate a sports-themed financial education session that emphasizes both physical activity and learning.
Volunteer Activities That Matter
The activities scheduled for this year's Day of Service are diverse and impactful. Employees will assist at food banks by repacking goods, help decorate bags for meal deliverers, engage in community gardening and cleaning efforts, and interact with youth centers and camps. This array of activities is tailored to meet the unique needs of each community.
Community Food Drives
In anticipation of the Day of Service, Associated Banc-Corp is also organizing a public food drive called Stock the Box™. Running in all branches from early June, this drive invites local residents to donate nonperishable food items. Contributions collected are directly delivered to nearby food pantries and nonprofit partners, enhancing the support provided to those in need.
The Impact of Volunteering
Since its inception, the Day of Service initiative has yielded an impressive record of more than 13,300 volunteer hours, equating to a staggering $435,000 in community service value. The previous year saw about 58% of Associated employees participating across 163 nonprofit organizations in 110 cities, showcasing the expansive reach of its influence.
Broadening Community Commitments
Associated Banc-Corp's efforts reflect a profound dedication to fostering growth within the communities they serve. Beyond volunteer initiatives, the corporation actively provides loans and investments through its comprehensive $2 billion Community Commitment Plan. Additionally, they support various community development programs through charitable donations, ensuring a broad spectrum of assistance to uplift local communities.
About Associated Banc-Corp
As the largest bank holding company in Wisconsin, Associated Banc-Corp boasts total assets of $43 billion. The bank operates nearly 200 locations, providing a full range of financial services across over 100 communities in Wisconsin, Illinois, Minnesota, and Missouri. Established in Green Bay, Wisconsin, Associated is committed to facilitating economic growth and prosperity in the Midwest.
Contact Information
For more details, reach out to the Public Relations Senior Manager, Andrea Kozek, at 920-491-7518. Associated is dedicated to making positive impacts, and interested parties can learn more about the bank's initiatives and services at www.associatedbank.com.
Frequently Asked Questions
What is the Day of Service?
The Day of Service is an annual event where employees of Associated Banc-Corp volunteer at nonprofit organizations, contributing their time and efforts to support local communities.
What type of activities do employees participate in?
Employees engage in various activities, including food packing, community gardening, cleaning, and working with youth centers, focused on addressing community needs.
How much funding is allocated for community grants?
Associated Banc-Corp is distributing $17,500 in grants to support various nonprofits during its Day of Service.
How can community members participate in the food drive?
Local residents can contribute by donating nonperishable food items at Associated Bank branches during the public food drive known as Stock the Box™.
What has been the impact of the Day of Service in past years?
Since its launch, the Day of Service has resulted in over 13,300 volunteer hours and reflects significant community service value, enhancing the lives of many individuals in the areas served.
