CHICAGO - Savings of America, a division of Home Savings of America, said it had completed the sale of approximately $1.6 billion of deposits to LaSalle Talman Bank.
The deposits were in 26 retail branches, all based in Illinois.
Savings of America operates seven mortgage-lending offices in the Chicago area.
The company said it would double that number in 1995 and increase its staff of loan consultants by 40%.