CHICAGO, March 18 /PRNewswire/ -- LaSalle Bank Corporation, headquartered in Chicago and holding company for Chicago's LaSalle Bank and Troy, Mich.- based Standard Federal Bank, is pleased to announce that its banks will offer a Remote Deposit solution as part of their suite of treasury management services. The Remote Deposit service enables companies to reduce the time to deposit and increase the speed of the availability of funds. This is accomplished by scanning checks received at the customer's office and transmitting an electronic deposit to LaSalle Bank or Standard Federal Bank for credit directly into a concentration account.

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With the institution of Check 21 last year, all U.S.-drawn checks can be truncated at any point in the presentment process. For companies that maintain multiple depository banking relationships, Remote Deposit can translate into significant cost savings through the elimination of multiple depository accounts and the fees associated with those accounts, including courier and transportation fees for paper checks and other paper documents. More importantly, this new technology will broaden the banks' marketing landscape because they can now offer companies a way to facilitate the check deposit process outside of their core markets.

"Remote Deposit eliminates certain geographic barriers, giving the banks the opportunity to deepen existing relationships throughout various U.S. markets and grow deposit accounts customers from outside of their home markets," stated Cindy Murray, executive vice president with the Treasury Management group at LaSalle Bank Corporation. "This virtual environment and the cost benefits associated with Remote Deposit will allow us to do just that."

The additional advantages are the flexibility of accounts and the inherent efficiencies to allow companies to focus on other critical financial tasks. Consumer and commercial checks, money orders and cashier's checks can all be electronically deposited.

"Since clients will spend less time bundling checks, preparing deposit slips and making trips to the bank, more time can be spent on core financial management tasks and developing customer relationships," Murray concluded.

Salt Lake City-based NetDeposit, Inc., will provide their NetCapture(TM) and NetConnect(TM) software and PC-based document scanners to the banks' customers.

About LaSalle Bank Corporation

LaSalle Bank Corporation is headquartered in Chicago with $103.4 billion in assets. Its primary subsidiaries are LaSalle Bank and Standard Federal Bank.

LaSalle Bank National Association is based in Chicago with $63.7 billion in assets, $37.7 billion in deposits, more than 140 retail locations and 500 ATMs. LaSalle Bank is the second largest bank in Chicago. Subsidiaries include LaSalle National Leasing Corporation, LaSalle Business Credit, LLC and ABN AMRO Financial Services, Inc.

LaSalle Bank maintains commercial offices in Boca Raton, Cleveland, Cincinnati, Denver, Indianapolis, Kansas City, Milwaukee, Minneapolis, New England (covering Connecticut, Boston and New Jersey), Pittsburgh, Des Moines, Rockford, Peoria, St. Louis, Tampa and Miami.

Standard Federal Bank is headquartered in Troy, MI, with $39.1 billion in assets and $20.2 billion in deposits. One of the largest banks in the Midwest, Standard Federal offers a complete range of investment, commercial and retail banking solutions through 261 branches and more than 1,100 ATMs in Michigan and Indiana. In the third quarter of 2005, Standard Federal will take the name LaSalle Bank Midwest National Association, creating a unified "LaSalle Bank" brand with LaSalle Bank in Chicago. The banks, which are indirect subsidiaries of Netherlands-based ABN AMRO Bank N.V., will not merge as a result of this name change.

LaSalle Bank Corporation is also an indirect subsidiary ABN AMRO Bank, one of the world's largest banks with total assets of EUR 632.8 billion and a presence in more than 3,000 locations in over 60 countries. ABN AMRO is organized into three autonomous strategic business units, responsible for managing wholesale clients; consumer and commercial clients; and private clients and asset management.

CONTACT: T. Hauser, Assistant Vice President, Public Relations, of
LaSalle Bank, +1-312-904-4687

Web site: http://www.lasallebank.com/