GREEN BAY - The parent company of Associated Bank has decided to move its headquarters back to downtown Green Bay.
Associated Banc-Corp is working on acquiring property for offices but has not disclosed the location.
The company released a statement saying, "No formal actions have been finalized at this time."
However, multiple sources have told FOX 11 one of the primary locations being considered is the mostly vacant Regency Center on Main Street.
The move to downtown Green Bay is a homecoming for Associated Bank. The company was headquartered there for more than 120 years. Then 14 years ago, it moved to Hansen Road in Ashwaubenon.
Green Bay downtown development officials say they are excited hundreds of jobs will be moving downtown.
"Timing is perfect," says Jeff Mirkes with Downtown Green Bay Inc. "Downtown has momentum. This is an exciting time for companies to say this is where our headquarters belong and we're just elated about the news."
Ashwaubenon leaders say the village now has some work to do. Village President Mike Aubinger told FOX 11, "There's a building we'll have to fill. You know that sort of thing. But that give us a challenge to do that. And that's what we're going to have to do. So, I'm not upset about it. I'm happy for the city of Green Bay."
Associated Banc-Corp. has not yet released a timetable for a move from Ashwaubenon.
Company officials say they will release more details during a news conference on Monday.
After almost 80 years, a piece of naval history is on its way home. A model of the Japanese luxury liner Hikawa Maru is being packed up in Manitowoc and returned to Japan.
Visitors to Green Bay's Neville Public Museum will soon see hours slashed. The county-owned attraction is cutting access starting the first of the year.
An 11-foot-long model of the Japanese passenger liner Hikawa Maru is being sent back to Japan after 34 years at the Wisconsin Maritime Museum in Manitowoc.
Area volunteers are making a difference in the community this holiday season. At this time of the year, many people are looking for ways to help their neighbors. The Salvation Army is one of the many places where you can do just that.
For the second year in a row, St. Norbert College could house overflow of homeless people from the St. John the Evangelist shelter in Green Bay.
A memorial fund has been created for a Grand Chute firefighter killed in a weekend car crash.