MAF BANCORP INC
8-K, 1998-05-07
SAVINGS INSTITUTION, FEDERALLY CHARTERED
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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  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) April 28, 1998
                                        

                               MAF BANCORP, INC.
            (Exact name of registrant as specified in its charter)

                         _____________________________


                Delaware                      0-18121            36-3664868
      (State or other jurisdiction          (Commission       (I.R.S. Employer
           of Incorporation)                File Number)     Identification No.)


      55th Street & Holmes Avenue
       Clarendon Hills, Illinois                                    60514
(Address of principal executive offices)                         (Zip Code)


       Registrant's telephone number, including area code (630) 325-7300



                                 Not Applicable
          (Former name or former address, if changed since last year)

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Item 5.  Other Events
         ------------

On April 28, 1998, MAF Bancorp, Inc. declared a 3-for-2 stock split on its
common stock, payable in the form of a 50% stock dividend.  The record date for
the stock split is June 18, 1998 and the payment date is July 10, 1998.  Cash
will be distributed in lieu of fractional shares.

Additionally, the Company announced that it will increase its quarterly cash
dividend to 10.5 cents per share from 7 cents per share, payable on a pre-split
basis.  The cash dividend will be paid on July 3, 1998 to shareholders of record
on June 18, 1998.  Following the issuance of additional shares as part of the 3-
for-2 stock split, the equivalent quarterly cash dividend would be equal to 7
cents per share.
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                                   Signature
                                        


      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 hereunto duly authorized.




                                       MAF Bancorp, Inc.
                                       ---------------------------------
                                       Registrant
 
 
 
May 7, 1998                            /s/ Jerry A. Weberling
- -----------------------------          ---------------------------------
Date                                     Jerry A. Weberling
                                         Executive Vice President and
                                         Chief Financial Officer


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