Media Releases - 2002 - SurePayroll and LaSalle Bank Strengthen Alliance

SurePayroll and LaSalle Bank Strengthen Alliance

LaSalle Expands Rollout of SurePayroll-Powered Payroll Solution After Successful Pilot

Chicago — November 11, 2002 — SurePayroll, a national leader in the online payroll marketplace, today announced an expansion of its partnership with LaSalle Bank, a subsidiary of Chicago-based ABN AMRO North America, Inc.

LaSalle Bank had previously offered a co-branded online payroll solution through SurePayroll to its small business clients on a limited, pilot-project basis. Based on strong test results, LaSalle Bank will now sell the service aggressively through all of its 125 branches.

"This was a very successful pilot program for both LaSalle Bank and SurePayroll, even without the benefit of extensive marketing investment," said Michael Alter, senior vice president of business development at SurePayroll. "However, the real winner in this partnership will be LaSalle’s small business clients who now will have full access to our best-in-class online payroll solution, allowing them to save time and money and ease the pain of processing payroll."

"The bank is always looking for ways to make it easier for our customers to manage their businesses," said Thomas Doherty, group senior vice president and head of small business banking for LaSalle Bank. "SurePayroll's offering was very well received by the bank’s small business clients, both by clients who had never outsourced before and by those who were currently working with other payroll services."

Banks are increasingly recognizing bank-branded payroll services as playing a strategic role in attracting new clients and retaining existing clients. Industry research indicates that on average bank payroll clients use more bank products/services, have higher retention rates, and have higher bank balances than bank non-payroll clients.

There are over 10 million small businesses in the United States, with an estimated 75% currently not using a payroll outsourcing service. According to Alter, "By leveraging the power of the Internet, our offering overcomes many of the obstacles to payroll outsourcing that previously existed. This presents an incredible opportunity for banks like LaSalle Bank to secure and nurture new business relationships with small businesses. Once a bank processes payroll for a small business, they’ve crafted a relationship that will grow over time and will likely last for years."

About LaSalle Bank:
LaSalle Bank N.A. is one of the Midwest’s largest banks with $52 billion in assets. Individuals and businesses have the convenience of banking at over 125 locations and 450 ATMs as well as online at www.lasallebank.com. LaSalle Bank also maintains regional lending offices in Cleveland, Indianapolis, Milwaukee, Minneapolis, Des Moines, Rockford, Illinois, and St. Louis. Subsidiaries include LaSalle Business Credit, Inc. and LaSalle National Leasing Corp. LaSalle Bank is an indirect subsidiary of Netherlands-based ABN AMRO Bank N.V., one of the world’s largest banks with total assets of EUR 614.6 billion and a presence in more than 3,500 locations in over 70 countries and territories.

ABM AMRO is organized into three autonomous strategic business units, responsible for managing wholesale clients; consumer and commercial clients; and private clients and asset management. ABN AMRO North America, Inc. is headquartered in Chicago and has nearly $90 billion in assets. Subsidiaries include LaSalle Bank in Chicago, and Standard Federal Bank in Michigan.

About SurePayroll:
SurePayroll provides a simple, reliable and economical way for small businesses to process and distribute payroll and taxes in minutes via the Internet. The Company's Internet-based payroll service automates the entire payroll process, completely eliminating the traditional processing steps that conventional payroll services providers use. Using SurePayroll, small businesses and their employees can initiate and access their payroll from anywhere, at any time. By leveraging the Internet, payroll is completed in a fraction of the time, at a fraction of the cost.

SurePayroll is a privately held company based in Skokie, IL. SurePayroll’s customer base number in the thousands and includes payroll customers in all 50 states. In addition to providing payroll services directly to small business, SurePayroll also provides a private label payroll service that is used by numerous accounting firms and community banks. SurePayroll’s business partners include Wells Fargo and ABN AMRO. For more information, visit www.surepayroll.com.

For More Information About SurePayroll:
Michael Alter
Senior Vice President
SurePayroll
847-676-8420, ext 7229
michael.alter@surepayroll.com

Payroll Price Quote

See how we can help as your small business payroll provider. Read about what makes SurePayroll's payroll solution the right fit for your company.

 
SurePayroll

Read more information about SurePayroll and what makes our payroll service different.

 
Small Business Scorecard

Review detailed information on employment, earnings, and subcontractor trends at a national, regional and state level.

View Scorecard



Media Release Archive:
Media Releases | 2008 | 2007 | 2006 | 2005 | 2004 |  2003 |  2002 |  2001 |  2000

FAQ | Privacy & Security | Contact Us | Site Map | Login

Online Payroll Services - Small Business Payroll offering Payroll, 401k, and Poster Compliance  
©2008 SurePayroll © All Rights Reserved  
  Click to verify BBB accreditation and to see a BBB report.