TROY, Mich., March 31, 2005 (PRIMEZONE) -- LaSalle Bank Corporation, holding company for Chicago-based LaSalle Bank and Michigan-based Standard Federal Bank, has promoted Group Senior Vice President Charles Van Swearingen to Executive Vice President. Van Swearingen is the chief financial officer for LaSalle Bank Corporation's Mortgage and Capital Markets lines of business. Additionally, he will continue in his role as chief financial officer of Standard Federal Bank.
A resident of West Bloomfield, Van Swearingen was formerly executive vice president and chief financial officer of Michigan National Bank, which merged with Standard Federal in 2001.
Van Swearingen holds an MBA in finance from the University of Pittsburgh. He earned his bachelor's degree in accounting from Grove City College in Grove City, Pennsylvania.
Van Swearingen is a member of the American Institute of Certified Public Accountants, Michigan Institute of Certified Public Accountants, and the Financial Executives Institute. He also serves as a director of the Metropolitan Affairs Coalition.
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 National Association 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 1,000 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 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.