Associated Bank told to maintain capital

Associated is the second-largest bank based in Wisconsin and has more than $380 million in deposits at eight branches in the Rock River Valley

a memorandum of understanding with the Office of the Comptroller of the Currency on Monday

The OCC is requiring Associated to keep its Tier 1 capital to total average assets above 8 percent and its total capital to risk-weighted assets at 12 percent or higher. At the end of September, Associated’s capital ratios were 8.33 percent and 13.11 percent.

So,  Associated is meeting COC’s memorandum as far as we can see—but will it do so at the end of December.

 

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