SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Under the Securities and Exchange Act of 1934
BANK PLUS CORPORATION
(Name of Issuer)
Common Stock
(Title of Class of Securities )
064446107
(CUSIP NUMBER)
1) Name of Reporting Person: CNA Financial Corporation
SS or IRS Identification 36-6169860
Nos. of Above Persons:
2) Check the Appropriate Box (a)
If A Member of Group
(See Instructions) (b) X
3) SEC Use Only
4) Citizenship or Place of Organization Delaware
Number of (5) Sole Voting Power 1,220,610
Shares
Beneficially Owned (6) Shared Voting Power 0
by Each Reporting
Person With: (7) Sole Dispositive Power 1,220,610
(8) Shared Dispositive Power: 0
9) Aggregate Amount Bene- 1,220,610
ficially Owned by Each
Reporting Person
10) Check if the aggregate
Amount in Row (9) Ex-
clude Certain Shares (See
Instructions)
11) Percent of Class Represented
By Amount in Row 9 6.69%
12) Type of Reporting
Person (See Instructions) HC
1) Name of Reporting Person: Loews Corporation
SS or IRS Identification 13-2646102
Nos. of Above Persons:
2) Check the Appropriate Box (a)
If A Member of Group
(See Instructions) (b) X
3) SEC Use Only
4) Citizenship or Place of Organization Delaware
Number of (5) Sole Voting Power 0
Shares
Beneficially Owned (6) Shared Voting Power 0
by Each Reporting
Person With: (7) Sole Dispositive Power 0
(8) Shared Dispositive Power: 0
9) Aggregate Amount Bene- 1,220,610
ficially Owned by Each
Reporting Person
10) Check if the aggregate
Amount in Row (9) Ex-
clude Certain Shares (See
Instructions)
11) Percent of Class Represented
By Amount in Row 9 6.69%
12) Type of Reporting
Person (See Instructions) HC
Item 1(a) Name of Issuer.
BANK PLUS CORPORATION
Item 1(b) Address of Issuer's Principal Executive Offices
William L. Sanders
Chief Financial Officer
BANK PLUS CORPORATION
4565 Colorado Blvd.
Los Angeles, CA 90039
Item 2(a) Name of Person Filing.
CNA Financial Corporation
Item 2(b) Address of Principal Business Office:
CNA Plaza, Chicago, Illinois 60685
Item 2(c) Citizenship:
State Of Delaware
Item 2(d) Title of Class of Securities. Common Stock
Item 2(e) CUSIP Number. 064446107
Item 3 The person filing this statement pursuant to Rule 13-1(b) or 13d-2 is:
(g) Parent Holding Company (HC) (Relevant subsidiary is Continental
Casualty Company, an Illinois domiciled insurance company.)
Item 4. Ownership
(a) Amount Beneficially Owned: 1,220,610
(b) Percent of Class 6.69%
(c) Number of shares as to which such person has
(i) sole power to vote or to direct the vote 1,220,610
(ii) shared power to vote or to direct vote 0
(iii) sole power to dispose or to direct disposition of 1,220,610
(iv) shared power to dispose or to direct disposition 0
Item 5. Ownership of Five Percent or Less of a Class.
Inapplicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Inapplicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported On By the Parent Holding Company.
Continental Casualty Company, an Illinois insurance company (IC).
Inapplicable.
Item 8. Identification and Classification of Members of the Group.
Inapplicable.
Item 9. Notice of Dissolution of the Group.
Inapplicable.
Item 10. Certification.
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect of
changing or influencing the control of the issuer of such securities and were
not acquired in connection with or as a participant in any transactions having
such purposes or effect.
After reasonable inquiry and to the best of my knowledge and believe, I
certify that the information set forth in this statement is true, complete and
correct.
February 14, 1997
Date
/s/ Donald M. Lowry
Signature
Donald M. Lowry
Senior Vice President, Secretary and General Counsel
Item 2(a) Name of Person Filing.
Loews Corporation
Item 2(b) Address of Principal Business Office:
667 Madison Avenue, New York, New York 10021-8087
Item 2(c) Citizenship:
State Of Delaware
Item 2(d) Title of Class of Securities. Common Stock
Item 2(e) CUSIP Number. 019924109
Item 3 The person filing this statement pursuant to Rule 13-1(b) or 13d-2 is:
(g) Parent Holding Company (HC) (Relevant subsidiary is Continental
Casualty Company, an Illinois domiciled insurance company.)
Item 4. Ownership
(a) Amount Beneficially Owned: 1,220,610
(b) Percent of Class 6.69%
(c) Number of shares as to which such person has
(i) sole power to vote or to direct the vote 0
(ii) shared power to vote or to direct vote 0
(iii) sole power to dispose or to direct disposition of 0
(iv) shared power to dispose or to direct disposition 0
Item 5. Ownership of Five Percent or Less of a Class.
Inapplicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Inapplicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported On By the Parent Holding Company.
Continental Casualty Company, an Illinois insurance company (IC).
Inapplicable.
Item 8. Identification and Classification of Members of the Group.
Inapplicable.
Item 9. Notice of Dissolution of the Group.
Inapplicable.
Item 10. Certification.
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect of
changing or influencing the control of the issuer of such securities and were
not acquired in connection with or as a participant in any transactions having
such purposes or effect.
After reasonable inquiry and to the best of my knowledge and believe, I
certify that the information set forth in this statement is true, complete and
correct.
February 14, 1997
Date
/s/ Barry L. Hirsch
Signature
Barry L. Hirsch
Senior Vice President, Secretary and General Counsel
Exhibit 1
Loews Corporation holds in excess of 84% of the equity of CNA Financial
Corp. CNA Financial Corp. owns 100% of the relevant subsidiary, Continental
Casualty Company, an Illinois domiciled insurance company (IC). Continental
Casualty Company is the direct owner of the position being reported.
