If the subject is giving back to the community, Mike Falbo should teach the course. As chairman of Associated Community Development, he determines investments the Associated Bank-affiliated company makes to help people with modest incomes afford housing, participate in commercial development and preserve historic buildings.
Prior to joining Associated Bank, Falbo forged a successful financial services career. He began as an auditor in 1973 and was named president of the State Bank Hales Corners three years after graduating from UW-Parkside. A year later, he was appointed chairman and CEO of State Financial Services Corporation and led a series of acquisitions that grew State Financial into the fifth-largest bank holding company in Wisconsin with assets of $1.5 billion. The company was acquired in 2005 by Associated Banc-Corp. of Green Bay.Falbo continues to give back to UW-Parkside through his active membership on the university's benevolent foundation board (he was board president from 1998- 2000). He serves the University of Wisconsin System as a member of the Board of Regents. He also serves on numerous community boards including the Greater Milwaukee Committee, the Medical College of Wisconsin Cancer Advisory Board, the YMCA of Metropolitan Milwaukee, the Milwaukee Jewish Federation, and the Thurgood Marshall Scholarship Fund Advisory Board, among others.