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SCHEDULE 14A
(RULE 14a-101)
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES
EXCHANGE ACT OF 1934 (AMENDMENT NO. )
Filed by the Registrant [X]
Filed by a Party other than the Registrant [ ]
Check the appropriate box:
[ ] Preliminary Proxy Statement [ ] Confidential, for Use of the
Commission Only (as permitted by
Rule 14a-6(e)(2))
[ ] Definitive Proxy Statement
[X] Definitive Additional Materials
[ ] Soliciting Material Pursuant to Rule 14a-11(c) or Rule 14a-12
St. Paul Bancorp, Inc.
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(Name of Registrant as Specified in Its Charter)
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(Name of Person(s) Filing Proxy Statement if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
[X] No fee required.
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and
0-11.
(1) Title of each class of securities to which transaction applies:
- --------------------------------------------------------------------------------
(2) Aggregate number of securities to which transaction applies:
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(3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the
filing fee is calculated and state how it was determined):
- --------------------------------------------------------------------------------
(4) Proposed maximum aggregate value of transaction:
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(5) Total fee paid:
- --------------------------------------------------------------------------------
[ ] Fee paid previously with preliminary materials.
[ ] Check box if any part of the fee is offset as provided by Exchange Act
Rule 0-11(a)(2) and identify the filing for which the offsetting fee
was paid previously. Identify the previous filing by registration
statement number, or the form or schedule and the date of its filing.
(1) Amount previously paid:
- --------------------------------------------------------------------------------
(2) Form, schedule or registration statement no.:
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(3) Filing party:
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(4) Date filed:
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IMPORTANT REMINDER TO EMPLOYEE STOCK
OWNERSHIP PLAN AND 401-K PLAN PARTICIPANTS
September 10, 1999
Dear Fellow Employee:
As a shareholder of St. Paul Bancorp, you recently received your proxy
materials concerning our upcoming special meeting to approve St. Paul's merger
with Charter One. I wanted to take a minute to encourage you to vote your shares
in favor of the transaction.
In deciding how to cast your vote as a shareholder of St. Paul, I would
like to point out that the merger presents us with a unique opportunity to join
forces with one of the best-performing banking organizations in the entire
country. Charter One has delivered excellent long-term returns to its
shareholders in the eleven years it has been publicly traded, and I truly
believe that the addition of the St. Paul franchise will make Charter One an
even better and more successful institution.
Your vote is particularly important in light of the 66.7% voting
approval requirement. Accordingly, I urge you to sign, date and promptly mail
your enclosed proxy at your earliest convenience. If you have previously
returned your plan proxy, you may disregard this request. Remember, if you hold
additional St. Paul shares in your own name or through a broker, you must return
each card you receive to ensure that all of your shares are voted.
Please join me in voting in favor of this transaction.
Thank you for your cooperation, continued support and service to St.
Paul.
Sincerely,
Joe Scully
