Corus Bank, Chicago, said it is buying LaSalle National Bank's currency exchange deposit and loan relationships.

The price of the deal, expected to close in the third quarter, was not disclosed.

LaSalle provides banking services for 247 Chicago area currency exchanges, generating annual fee income of $3 million. Corus will also be acquiring $30 million of loans and $9 million of deposits.

Corus Bank, which has $2.1 billion of assets, provides banking services for 425 other local exchange stores.

Robert J. Glickman, president and chief executive officer of Corus Bank, said he was "extremely pleased with this transaction, as it complements our existing business and will provide a steady stream of fee income for the bank."

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