 | |
| Industry | Financial Services |
|---|---|
| Founded | 1893 |
| Defunct | 17 October 2008 |
| Fate | Absorbed by Bank of America |
| Successor | Bank of America N.A. |
| Headquarters | Troy, Michigan, 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 | Standard Federal Bancorporation ABN AMRO |
Standard Federal Bank was a Troy, Michigan-based bank serving Michigan and Northern Indiana in the United States which was acquired by Bank of America on 5 May 2008.[1]
In 2005, Standard Federal was the largest bank in Michigan based on number of retail branches (265), ATMs (more than 1,000) and deposits (US 23.3B, 15.06% market share); it ranked second in assets.[2][3]
After ABN AMRO acquired it, the bank was renamed LaSalle Bank Midwest in 2005. Bank of America purchased the bank and its parent LaSalle Bank Corporation on October 1, 2007 and all branches were rebranded Bank of America on May 5, 2008.
- ^ "BOA to 'paint the town red' with LaSalle name change". Crain's Detroit Business. April 14, 2008.
- ^ "Bank of America Agrees to Acquire LaSalle Bank" (Press release). Bank of America. April 23, 2007.
- ^ "Deposit Marketshare". Monroe Bank and Trust. August 2, 2017.[failed verification]