BBB Accredited Business since

Associated Bank

Phone: (507) 285-2626 1155 16th St SW, Rochester, MN 55902 View Additional Email Addresses

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BBB Accreditation

A BBB Accredited Business since

BBB has determined that Associated Bank meets BBB accreditation standards, which include a commitment to make a good faith effort to resolve any consumer complaints. BBB Accredited Businesses pay a fee for accreditation review/monitoring and for support of BBB services to the public.

BBB accreditation does not mean that the business' products or services have been evaluated or endorsed by BBB, or that BBB has made a determination as to the business' product quality or competency in performing services.

Reason for Rating

BBB rating is based on 13 factors. Get the details about the factors considered.

Factors that raised the rating for Associated Bank include:

  • Length of time business has been operating
  • Complaint volume filed with BBB for business of this size
  • Response to 1 complaint(s) filed against business
  • Resolution of complaint(s) filed against business

Customer Complaints Summary Read complaint details

1 complaint closed with BBB in last 3 years | 0 closed in last 12 months
Complaint Type Total Closed Complaints
Advertising/Sales Issues 1
Billing/Collection Issues 0
Delivery Issues 0
Guarantee/Warranty Issues 0
Problems with Product/Service 0
Total Closed Complaints 1

Customer Reviews Summary Read customer reviews

0 Customer Reviews on Associated Bank
Customer Experience Total Customer Reviews
Positive Experience 0
Neutral Experience 0
Negative Experience 0
Total Customer Reviews 0

Additional Information

BBB file opened: March 01, 2011 Business started: 09/15/1917 Business started locally: 09/15/1917 Business incorporated 03/04/2011 in MN
Licensing, Bonding or Registration

This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.

These agencies may include:

Minnesota Department of Commerce
85 7th Pl E Ste 500, Saint Paul MN 55101
Phone Number: (651) 539-1500

Minnesota Secretary of State
180 State Office Bldg, 100 Rev. Dr. Martin Luther King Jr. Blvd., Saint Paul MN 55155
Phone Number: (651) 296-2803

Type of Entity


Business Management
Andrew Mai, Branch Manager Anna Dosen, Regional Retail Director
Contact Information
Principal: Andrew Mai, Branch Manager
Business Category

Banks Banking Services Investment Securities Loans Loans - Small Business Mortgage Bankers Prepaid Debit/Credit Cards Identity Theft Protection & Prevention Services

Products & Services

According to the information provided by Associated Bank, this company offers complete financial services, including traditional banking and wealth management services.

Additional Locations

  • 1155 16th St SW

    Rochester, MN 55902 (507) 285-2626


BBB Customer Review Rating plus BBB Rating Overview

BBB Customer Reviews Rating represents the customers opinions of the business. The Customer Review Rating is based on the number of positive, neutral and negative customer reviews posted that are calculated to produce a score.

Customer Review Experience Value
Positive Review 5 points per review
Neutral Review 3 points per review
Negative Review 1 point per review

BBB letter grades represent the BBB's opinion of the business. The BBB grade is based on BBB file information about the business. In some cases, a business' grade may be lowered if the BBB does not have sufficient information about the business despite BBB requests for that information from the business.

BBB Letter Grade Scale

BBB Rating Value
A+ 5
A 4.66
A- 4.33
B+ 4
B 3.66
B- 3.33
C+ 3
C 2.66
C- 2.33
D+ 2
D 1.66
D- 1.33
F 1
NR -----
Star Rating scale

  Average Score
5 stars 5.00
4.5 stars 4.50-4.99
4 stars 4.00-4.49
3.5 stars 3.50-3.99
3 stars 3.00-3.49
2.5 stars 2.50-2.99
2 stars 2.00-2.49
1.5 stars 1.50-1.99
1 star 0-1.49

BBB Customer Review Rating plus BBB Rating is not a guarantee of a business' reliability or performance, and BBB recommends that consumers consider a business' BBB Rating and Customer Review Rating in addition to all other available information about the business. If the BBB Rating is NR then only Customer Reviews are used for the Star Rating.

Complaint Detail(s)

5/18/2015 Advertising/Sales Issues | Read Complaint Details

Additional Notes

Complaint: I am disputing a charge for my son who is a minor. Associated is charging him $100.04 for an overdraft under $3; he was told he could not overdraw. I am disputing a charge on behalf of my son who is a minor. He was double-charged by a merchant, causing him to be overdrawn by around seven dollars. For this, Associated Bank is charging over one hundred dollars in fees. He was told when he signed up that the bank would not allow him to make purchases if the purchases were not covered. I was there when they told him that and I asked again about this policy and was reassured that it wouldn't happen. Originally, my son was only over by two dollars, but the double charge for the same service by the merchant then caused the extra five dollars and fifty cents.

Desired Settlement: I want a charge of 110 dollars to be removed and his account restored.

Business Response: Initial Business Response /* (1000, 10, 2015/05/05) */ May 5, 2015 ****** D ******* ****** D ******* 3311 N 10th St Wausau WI 54403 RE: Better Business Bureau of Minnesota and North Dakota Case #********. Dear Ms. *******, This letter is in response to the complaint that you filed with the Better Business Bureau of Minnesota and North Dakota regarding your checking account number ending in ***. I sincerely apologize that our service prompted you to take further action for resolution. As we discussed, we determined that the transactions from are valid and posted correctly. The transactions were authorized on February 25, 2015 and March 8, 2015 for $5.50 each. The February 25, 2015 transaction left your account overdrawn by $1.62 and the March 8, 2015 transaction of resulted in an overdrawn balance of $7.12. We assessed a $35.00 overdraft fee on March 9, 2015 and a mailed you a Notice of Insufficient Funds. The notice disclosed that a deposit may be needed to bring your account to a positive available balance to avoid any additional fees and also indicated that if your account is overdrawn for more than five consecutive business days, a Continuous Overdraft Fee of $7.00 per day will be applied. Your account was charged the $7.00 per day for a maximum of ten days resulting in an overdrawn balance of $112.12 on March 30, 2015. Because the balance was overdrawn for 45 consecutive days, Associated Bank closed your account on April 13, 2015. As a customer courtesy on April 20, 2015 we removed the ChexSystem record for you and ****** and on April 22, 2015 we refunded the fees of $105.00. The remaining principal balance owed is $7.12. When you opened this account you indicated that you were told the account would not allow purchases to be authorized if funds were not available. This service is known as the Debit/ATM Card Overdraft Service and is a part of the overall Discretionary Overdraft Privilege Service. It provides your personal checking account the option to choose whether or not you would like ATM and on-time debit card transactions to be authorized if sufficient funds are not available for the transaction. One-time Debit Card purchases are point of sale, non-recurring transactions. Recurring Debit Card transactions (e.g., gym memberships, cell phone payments, stored card transaction, etc.) and non-ATM/Debit Card transactions (i.e., checks, ACH withdrawals, online banking/telephone banking transactions, etc.) which cause an overdraft may be paid by the bank even if you are not Opt In to the Debit/ATM Card Overdraft Service. Because you chose to have your debit card number stored with, the authorizations are considered recurring transactions, and are not subject to the Debit/ATM Cared Overdraft Service. If you prefer the authorizations to process as one time transactions, you will want to enter your debit card information with each purchase. I encourage you to continue to work with RGS regarding payment arrangements. They can be reached directly at **************. After the balance is paid in full please feel free to visit any Associated Bank location for assistance with requesting a new checking account. Sincerely, ************ Customer Care Senior Specialist Customer Care Center We Care Team cc: Better Business Bureau of Minnesota and North Dakota, Electronic Transmittal Only SK:hw

Customer Review(s)

The customer review(s) below are un-filtered. These positive and negative reviews are not used in the calculation of the BBB Rating. If you wish to file a complaint and request a resolution to your issue please click here. This customer review section is not BBBs complaint resolution system. Customer Reviews are the subjective opinion of the individual who posted the review and not of Better Business Bureau. A customer review is not posted on a business if a BBB complaint on the same issue(s) is also filed. BBB cannot guarantee the accuracy of any customer review and is not responsible for the content of any customer review. Public comments are not customer reviews.

Customer Reviews Summary

0 Customer Reviews on Associated Bank
Positive Experience (0 reviews)
Neutral Experience (0 reviews)
Negative Experience (0 reviews)