CHICAGO -- A U.S. subsidiary of Dutch banking giant ABN Amro on Monday agreed to buy the Chicago branch-operations of H.F. Ahmanson & Co. in a deal valued at $130 million.

The $6.2 billion-asset LaSalle Talman Bank, one of several Chicago-based affiliates of ABN Amro North America Inc., said it would buy $1.6 billion of deposits and 26 branches from Home Savings of America, H.F. Ahmanson's principal subsidiary. The price represents an, 8.13% premium on acquired deposits.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.