Associated Bank helping flood victims

Milwaukee Journal Sentinel

Associated Banc-Corp (ASBC) said today it will donate $50,000 for disaster relief to assist individuals and communities in those areas that have been affected by recent flooding and severe weather in the Midwest.

Donations will be made to local American Red Cross chapters in the declared disaster areas throughout the bank’s three-state area. In addition, Associated has launched an employee giving campaign and will match employees’ donations to the disaster relief fund up to an additional $50,000.

Associated Bank has also agreed to set aside up to $100 million for special loans for individuals who have been directly affected by the floods and severe weather. Qualified borrowers will be able to obtain an unsecured loan (a minimum of $2,500 and a maximum of $10,000) at a discounted rate. The bank will also offer qualified homeowners a home equity loan at a discounted rate with reduced closing costs.

The bank has established a special toll-free number, 1-866-504-2774, to assist customers who have been affected by the recent flooding. A Flood Response Team will provide callers with information about the bank's payment deferral program (up to 12 months) for customers in need and special loan programs for flood victims, along with information about state and federal disaster aid and how to file insurance claims. Associated’s Flood Response Team is available Monday through Friday between 8 a.m. and 5 p.m. Central Time.