LaSalle Bank
 |
|
| Industry | Financial Services |
|---|---|
| Fate | Acquired by Bank of America |
| Successor | Bank of America N.A. |
| Founded | 1927 |
| Defunct | 2008 |
| Headquarters | Chicago, Illinois, United States |
| Products |
Middle-Market Commercial Lending, Middle-Market Commercial Real Estate Lending, Domestic and International Cash Management Commercial Banking, Wealth Management, Retail Banking, Trust and Treasury |
| Parent |
Bank of America (current) ABN AMRO (former) |
Middle-Market Commercial Lending, Middle-Market Commercial Real Estate Lending, Domestic and International Cash Management Commercial Banking, Wealth Management, Retail Banking,
LaSalle Bank Corporation was the holding company for LaSalle Bank N.A. and LaSalle Bank Midwest N.A. (formerly Standard Federal Bank). With US$116 billion in assets, it was headquartered at 135 South LaSalle Street in Chicago, Illinois. LaSalle Bank Corporation was formerly an indirect subsidiary of Netherlands-based ABN AMRO Bank N.V., one of the world's largest banks, with total assets of EUR 986 billion, more than 3,000 locations in over 60 countries and a staff of more than 105,000. Bank of America acquired LaSalle Bank Corp. effective October 1, 2007, and officially adopted the Bank of America name on May 5, 2008.
Founded in 1927 as National Builders Bank of Chicago, it changed its name to LaSalle National Bank in 1940 after a team led by John Nuveen acquired control. In the 1960s LaSalle acquired the Mutual National Bank of Chicago founded by Frank C. Rathje. ABN acquired the bank in 1979. In a merger of co-owned banks, the LaSalle Bank N.A. name was adopted in 1999. It was the largest bank headquartered in Chicago with US$72.2 billion in assets and US$46.8 billion in deposits. LaSalle Bank maintained 146 retail locations and 450 ATMs throughout Chicago and its neighboring suburbs.
LaSalle Bank maintained regional offices in Atlanta, Boca Raton, Boston, Cincinnati, Cleveland, Columbus, Connecticut, Dallas, Denver, Des Moines, Houston, Indianapolis, Kansas City, Los Angeles, Miami, Milwaukee, Minneapolis, Nashville, New Jersey, New York City, Omaha, Philadelphia, Pittsburgh, San Francisco, St. Louis, Tampa, Troy, Tustin, and Washington, D.C. Subsidiaries included LaSalle National Leasing Corporation, LaSalle Business Credit, LLC, LaSalle Financial Services Inc, LaSalle ABN Capital Markets LLC, AMO Capital Markets, AMO Commercial Holdings LLC, ABN Commercial Real Estate Holdings LLC. Upon the acquisition Nova Global Markets and Nova Holdings became apart the official records.
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