MAF BANCORP INC
SC 13G, 1998-02-11
SAVINGS INSTITUTION, FEDERALLY CHARTERED
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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. 1)*


                               MAF Bancorp, Inc.
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                     Common Stock par value $.01 per share
- --------------------------------------------------------------------------------
                        (Title of Class of Securities)

                                   55261R108
                             ---------------------
                                (CUSIP Number)


*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)                Page 1 of 5 pages  


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- -----------------------                                  ---------------------
  CUSIP NO.  55261R108              13G                    PAGE 2 OF 5 PAGES
- -----------------------                                  ---------------------
 
- ------------------------------------------------------------------------------
      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                            
- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 2                                                              (a) [_]
                                                                (b) [_]
                                                 
- ------------------------------------------------------------------------------
      SEC USE ONLY
 3
 

- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 4                                 
         Illinois

- ------------------------------------------------------------------------------
                          SOLE VOTING POWER
                     5                                                       
     NUMBER OF               -0-
 
      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      6       
                             -0-
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     7       
    REPORTING                -0-   
 
      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          8       
                             -0-
              
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 9       
         -0-                    

- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10           
                                                                    [_]
 
- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11           
         0%                                                                

- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
12           
         EP      

- ------------------------------------------------------------------------------

                     *SEE INSTRUCTIONS BEFORE FILLING OUT!

<PAGE>

    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 pages
CUSIP Number: 55261R108

Item 4.        Ownership. As of December 31, 1997, the reporting person
               beneficially owned zero shares of the issuer, representing 0% of
               the common stock, par value $.01, of the issuer. The reporting
               person has shared power to vote or direct the vote of zero
               shares. The reporting person has the sole power to dispose or
               direct the disposition of zero shares of stock.

Item 5.        Ownership of Five Percent or Less of a Class. If this statement
               is being filed to report the fact that as of the date hereof the
               reporting person has ceased to be the beneficial owner of more
               than five percent of the class of securities, check the following
               [x].

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 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 transaction having
               such purposes or effect.

<PAGE>


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.




2/10/98
- --------------------------------------------------------------------------------
(Date)



/s/ Kathleen Ursa
- --------------------------------------------------------------------------------
 (Signature)
 Kathleen Ursa
 Vice President
 Cole Taylor Bank -- Trustee



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