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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 March 21, 2000
(Date of earliest event reported)
Kankakee Bancorp, Inc.
(Exact name of Registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
1-13676 36-3846489
(Commission File Number) (I.R,S. Employer Identification Number)
310 South Schuyler Avenue, Kankakee, Illinois 60901
(Address of principal executive offices) (Zip Code)
(815) 937-4440
(Registrant's telephone number, including area code)
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Item 5. Other Information
On March 14, 2000, the Board of Directors of Kankakee Bancorp, Inc. (the
"Company") elected Brenda Baird to serve as a director of the Company. Ms. Baird
was also elected as a director of Kankakee Federal Savings Bank (the "Bank"),
the wholly-owned subsidiary of the Company. The press release issued by the
Company in the election of Ms. Baird is attached as an exhibit to this Form 8-K.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(a) Financial Statements of Business Acquired.
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None.
(b) Pro Forma Financial Information.
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None.
(c) Exhibits.
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99.1 Press Release dated March 16, 2000
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SIGNATURES
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.
KANKAKEE BANCORP, INC.
Dated: March 21, 2000 By: /s/ William Cheffer
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William Cheffer
Chairman, President and
Chief Executive Officer
2
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EXHIBIT 99.1
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NEWS RELEASE
March 16,2000
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KANKAKEE BANCORP, INC.
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310 South Schuyler Avenue
P.O. Box 3 (815) 937-4440
Kankakee, IL 60901-0003 Fax (815) 937-3674
For more information contact:
William Cheffer, Chairman, President and CEO For immediate release
Michael A. Stanfa, Executive Vice President
Ronald J. Walters, Vice President and Treasurer
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KANKAKEE BANCORP, INC. ANNOUNCES NEW BOARD MEMBER
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Kankakee, Illinois ... (March 16, 2000) Kankakee Bancorp, Inc. (AMEX:KNK),
announced that on March 14, 2000, Brenda Baird, president and CEO of Mobile
Communications (Bourbonnais, Illinois), has joined its board of directors. In
addition, she became a member of the Kankakee Federal Savings Bank board of
directors. A Kankakee County native, Mrs. Baird fills the vacancy created by
the unexpected death of James G. Schneider on February 15, 2000.
Mrs. Baird has served as president and CEO of the local wireless
communications company since its establishment in 1993. Professionally, she has
actively served on the Ameritech Cellular Dealer Council, the Illinois
Department of Commerce and Community Affairs Small Business 100 Advisory Board
and the National Independent Dealers Association. Mrs. Baird was the recipient
of the Kankakee River Valley Chamber of Commerce's Athena Award in 1999, given
to individuals who demonstrate outstanding creativity and initiative in their
business and excel in community service. She also was the recipient of the
nationally acclaimed Sam Walton Business Leadership Award in 1998.
As a community leader, Mrs. Baird served as the first female chairman of
the Kankakee River Valley Chamber of Commerce, and chaired the 1999 United Way
of Kankakee County annual fund drive. Currently, she is the chairperson for the
Kankakee Industrial Council. Additionally, Mrs. Baird also serves on the
Kankakee River Valley Foundation, the Kankakee County Economic Development
Council and the Kankakee County Workforce Investment Board.
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She also is a member of the Kankakee Kiwanis Club.
Mrs. Baird was born and raised in St. Anne, Illinois and attended Kankakee
Community College. She and her husband, Thomas, have four children, and
currently reside in Limestone Township.
Kankakee Bancorp, Inc., and Kankakee Federal Savings Bank, are headquartered
in Kankakee, Illinois, which is 60 miles directly south of downtown Chicago. In
addition to its main office, the Bank operates fourteen offices in the following
Illinois communities: Ashkum, Bourbonnais, Bradley, Braidwood, Champaign, Coal
City (2), Diamond, Dwight, Herscher, Hoopeston, Manteno, Momence and Urbana.
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