Lasalle Bank
LaSalle Bank is the biggest bank based in the Chicago market with assets amounting to $72.9 billion and $43.7 billion for its deposits. LaSalle Bank has been serving local and national clients, be it individuals, small time business, medium market companies or large institutions in over 135 satellite offices in the United States, 450 ATM posts in Chicago and worldwide through the LaSalle Bank website.
LaSalle Bank covers twenty states and twenty six cities across the American territories. Furthermore, LaSalle provides financial services through its indirect and direct subsidiaries which include LaSalle Business Credit, LaSalle National Leasing Corporation and LaSalle Financial Services.
The mother company of LaSalle Bank, LaSalle Bank Corp., holds a $124 billion worth of assets. The LaSalle Bank Corp. is said to a member of the ABN AMARO Bank based in The Netherlands. This partnership enabled LaSalle Bank to be a part of a large network financial institution thereby strengthening its world wide presence. ABN AMRO is said to have over four thousand and five hundred members in more than fifty countries. To date, ABN AMRO now employs over 110,000 LaSalle bank employees globally.
As with other great financial institutions, La Salle Bank also started with humble beginnings. The company’s ancestor – the National Builders Bank of Chicago was founded in 1927 in Chicago, Illinois. The National Builders Bank of Chicago served the Windy City for thirteen years. 1940 saw the inception of the new brand – the La Salle Bank and from then on its legacy continues.
The company is now lead by Chief Executive Officer and President Larry Richman. Its regional network covers these states: Washington DC, Tampa, St. Louis, San Francisco, Pittsburgh, Philadelphia, Omaha, New York City, New Jersey, Nashville, Minneapolis, Milwaukee, Miami, Los Angeles, Kansas City, Indianapolis, Houston, Des Moines, Denver, Dallas, Connecticut, Columbus, Cleveland, Cincinnati, Boston, Boca Raton and Atlanta.
Through the companies strong and effective leadership paired with excellent customer service and appropriate execution of business strategies, LaSalle Bank and its parent company the ABN AMRO Bank NV were able to pull it off with high and good performing ratings by top notch institutions.
The LaSalle Bank NA was able to receive an AA- rating from IBCA for its long term credit ratings. Moody’s gave them Aa3 for the long term credit rating, while S& P gave them A+.
For the short term credit ratings of LaSalle Bank NA, IBCA gave them F1+, Moody’s rated P-1, and S&P graded A-1.
For the Midwest NA Headquarters long term credit ratings, IBCA gave AA-, Moody’s gave Aa3, and S&P gave A+. For its short term credit rating, IBCA gave F1+, Moody’s gave P-1 and S&P gave A-1.
ABN AMRO Headquarters also performed well for their long term credit ratings. IBCA gave AA-, Moody’s gave Aa3, and S&P gave AA-. For their short term credit ratings, IBCA gave F1+, Moody’s gave P-1 and S&P gave A-1+.
Opening an account at LaSalle Bank is also easy, whether you are applying online or physically, you have a wide array of choices from personal, online to business accounts. Under the personal accounts, you can apply for the following: mortgage, home equity loan, checking account, savings & money market account, certificate of deposit, personal loan, auto loan, credit cards and wealth management.
Business accounts available are online banking for business, merchant account, internet merchant account, business express line of credit, business class line of credit, and commercial mortgage and LaSalle money business card. For online services, you may apply for VIP Secured, VIP Trade, online banking and Microsoft money, online banking with Quicken, SpeedTrade online brokerage, online banking and bill pay.
LaSalle has online guide in their web portal which lets you choose which state or region you are. Not all rates and applications apply to all locations, so it is best to provide information of personal or commercial base in order for the company to give you the utmost and appropriate service.