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B of A's acquisition of LaSalle Bank, ATMs is complete
October 1, 2007
CHARLOTTE, N.C. - Bank of America Corp. says it has completed its purchase of ABN Amro North America Holding Co., parent of LaSalle Bank Corp. and its subsidiaries, creating the largest bank franchise by deposits in Illinois and Michigan.
The deal has allowed B of A to "significantly" expand its metropolitan Chicago and Michigan presence by adding LaSalle's 400 banking centers and 1,500 ATMs. B of A, because of the deal, also marks its retail branch entry in Michigan, where it now has 256 offices, and adds LaSalle's six banking offices in Indiana.
B of A now also has the nation's largest bank-owned ATM network of more than 18,500 ATMs.
LaSalle signs are expected to begin changing to the B of A brand during the first quarter of 2008. Those changes will take place throughout 2008.
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