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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): MARCH 1, 1999
PARK BANCORP, INC.
(Exact name of registrant as specified in its charter)
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DELAWARE 0-20867 36-4082530
(State or other jurisdiction (Commission file number) (I.R.S. employer
of incorporation) identification no.)
5400 SOUTH PULASKI ROAD 60632
CHICAGO, ILLINOIS (Zip Code)
(Address of principal executive
offices)
Registrant's telephone number, including area code: (773) 582-8616
NOT APPLICABLE
(Former name or former address, if changed since last year)
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ITEM 5. OTHER EVENTS.
See attached press release issued by Park Bancorp, Inc. on March 1,
1999. The information set forth in the attached press release is incorporated
herein by reference and constitutes a part of this report.
ITEM 7(c). EXHIBITS.
Exhibit 99.1 Press Release dated March 1, 1999.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
PARK BANCORP, INC.
Date: March 1, 1999 By: /s/ Richard J. Remijas, Jr.
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Richard J. Remijas, Jr.
Executive Vice President,
Chief Operating Officer and
Corporate Secretary
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INDEX TO EXHIBITS
Exhibit
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99.1 Press Release dated March 1, 1999.
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EXHIBIT 99.1
FOR IMMEDIATE RELEASE Park Bancorp, Inc. March 1, 1999
Contact: David A. Remijas
President, CEO
(630) 969-8900
Richard J. Remijas, Jr.
Executive Vice President, Secretary
(888) 727-5333
PARK BANCORP DECLARES 1ST DIVIDEND
NEW DIRECTOR APPOINTED
The Board of Directors of Park Bancorp, Inc. (PFED: Nasdaq) approved the
initiation of a quarterly dividend and payment of the first cash quarterly
dividend of $.12 per share. The dividend will be payable on March 26, 1999 to
shareholders of record on March 12, 1999.
The Boards of Directors of Park Bancorp, Inc. and Park Federal Savings Bank
announced the appointment of John J. Murphy to fill the unexpired term of
Director Charles Paprocki, who passed away on January 15, 1999. Mr. Murphy is
the president of Emerald Services, Inc. and specializes in financial printing,
imaging technology and services to the financial industry.
Mr. Murphy will fill the remaining term of Mr. Paprocki, which expires at the
annual meeting scheduled for April 21, 1999. Mr. Murphy has been nominated by
the Board to stand for election for a three-year term at that meeting.
The Board extends its condolences to the family of Mr. Paprocki, a customer and
director for over 27 years.
Park Bancorp, Inc. is the holding company for Park Federal Savings Bank, a
community oriented institution headquartered in Chicago. The Bank offers a
variety of retail services to meet the needs of the communities it serves on the
Southwest side of Chicago and suburban Westmont, Illinois.
David A. Remijas, Chairman
(630) 969-8900
