424B2 1 ln10002cf.htm PRELIM PRICING SUPP DEAL NO. 2 Converted by FileMerlin

LaSalleNotes Pricing Supp1

SUBJECT TO COMPLETION OR AMENDMENT, DATED 10/17/06      

         

LaSalle Funding LLC

         

With Maturities of 9 Months or More from Date of Issue

Guaranteed Unconditionally By

ABN AMRO BANK N.V. and ABN AMRO HOLDING N.V.

         
         

Registration No.

333-137691-01   333-137691   333-137691-02

    

Filed Pursuant to Rule

424 (b) (2)

      

Pricing Supplement No.

2

      

(To Prospectus dated September 29, 2006 & Prospectus Supplement dated September 29, 2006 )

  

The date of this Pricing Supplement is

October 17, 2006

     

Trade Date:

10/24/06

 

Issue Date:

10/27/06

Security Type: Callable Fixed Rate Note

  
         

CUSIP Number (1)

Interest Rate

Maturity Date

Interest Payment Frequency (2)

Subject to Redemption

Redemption Date and Terms (including the redemption price)

Dealer

51803XKU2

5.75%

10/15/26

Monthly

Yes

Callable at 100% on 10/15/2010 and Semi-Annually thereafter with 30 calendar days prior notice.

LaSalle Financial Services, Inc.

         
      

[Additional columns below]

         

[Continued from above, first column repeated]

     

CUSIP Number (1)

Price to Public (3)

Proceeds to Issuer

Discounts and Commissions

Maximum Reallowance

Survivors Option (4)

OID Note (5)

  

51803XKU2

100%

97.500%

2.500%

$21.50

Yes

No

  
         
         
         

(1) All notes described in this Pricing Supplement are issued in U.S. Dollars with authorized denominations of $1,000 and integral multiples thereof.

(2) Interest payments are paid on the 15th day of each applicable month.

(3) Expressed as a percentage of aggregate principal.

(4) The survivor's option may not be exercised until at least 12 months following the date of original issue.  In addition, the issuer may limit the  aggregate principal amount redeemed pursuant to the survivor's option to the greater of 1% of the outstanding aggregate principal amount or $1,000,000.  For any individual deceased, the issuer may limit the aggregate principal amount to $200,000 per year redeemed pursuant to the survivor's option.  For a complete description of the terms and conditions relating to the survivor's option, which carries certain limitations, see "Description of Notes -- Repayment Upon Death" in the Prospectus Supplement.

(5) You should review the section in the Prospectus Supplement entitled "United States Federal Taxation."  Additionally, you are urged to consult your tax advisor regarding the tax treatment and whether a purchase of the Notes is advisable in light of your tax treatment and your particular situation.

         

The Securities are not insured by the Federal Deposit Insurance Corporation or any other federal agency. The Securities and Exchange Commission and state securities regulators have not approved or disapproved these Securities, or determined if this Pricing Supplement or the accompanying Prospectus Supplement or Prospectus is truthful or complete.  Any representation to the contrary is a criminal offense.  This Pricing Supplement and the accompanying Prospectus Supplement and Prospectus may be used by our affiliates and agents in connection with offers and sales of the Securities in market-making transactions.