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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
MAF Bancorp, Inc.
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(Name of Issuer)
Common Stock par value $0.01 per share
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(Title of Class of Securities)
55261R108
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(CUSIP Number)
Check the following box if a fee is being paid with this statement [_]. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
SEC 1745 (2-95)
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CUSIP NO. 55261R108 13G PAGE 2 OF 5 PAGES
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NAME OF REPORTING PERSON
1 S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Northwestern Savings and Loan Association - Employee Stock
Ownership Plan
13-3653223
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
Illinois
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SOLE VOTING POWER
5
NUMBER OF -0-
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
646,648
OWNED BY
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EACH SOLE DISPOSITIVE POWER
7
REPORTING 646,648
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
-0-
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
646,648
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
6.16% based upon 10,490,113 shares outstanding as of December 31, 1996.
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TYPE OF REPORTING PERSON*
12
EP
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*SEE INSTRUCTION BEFORE FILLING OUT!
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Northwestern Savings and Loan Association Employee Stock Ownership Plan
SCHEDULE 13G
Page 3 of 5
CUSIP Number 55261R108
Item 1(a) Name of Issuer:
MAF Bancorp, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
55th & Holmes Avenue
Clarendon Hills, IL 60514
Item 2(a) Name of Person Filing:
Northwestern Savings and Loan Association
Employee Stock Ownership Plan
Item 2(b) Address of Principal Business Office:
55th & Holmes Avenue
Clarendon Hills, IL 60514
Item 2(c) Citizenship:
Illinois
Item 2(d) Title of Class of Securities:
Common Stock par value $.01 per share
Item 2(e) CUSIP Number:
55261R108
Item 3 The person filing this statement is an employee benefit plan
which is subject to the provisions of the Employee Retirement
Income Security Act of 1974.
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Page 4 of 5
CUSIP Number: 55261R108
Item 4 Ownership. As of December 31, 1996, the reporting person
beneficially owned 646,648 shares of the issuer. This number of
shares represents 6.16% of the common stock, par value $.01, of
the issuer, based upon 10,490,113 shares of such common stock
outstanding. The reporting person has shared power to vote or
direct the vote of 646,648 shares. The reporting person has the
sole power to dispose or direct the disposition of 646,648 shares
of stock.
Item 5 Not applicable
Item 6 Not applicable
Item 7 Not applicable
Item 8 Not applicable
Item 9 Not applicable
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 couse 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 transaction having
such purposes or effect.
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Page 5 of 5
CUSIP Number: 55261R108
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
2/13/97
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(Date)
/s/ John Hommel
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(Signature)
John Hommel
Senior Vice President
Cole Taylor Bank - Trustee
