SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. __)
BANK WEST FINANCIAL CORPORATION
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(Name of Issuer)
Common Stock, Par Value $.01 Per Share
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(Title of Class of Securities)
065631 10 3
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(CUSIP Number)
Page 1 of 5 Pages
<PAGE>
CUSIP NO. 065631 10 3 Page 2 of 5 Pages
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Bank West Financial Corporation Employee Stock Ownership Plan
38-3203447
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Michigan
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5. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
SOLE VOTING POWER
141,939
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6. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
SHARED VOTING POWER
19,945
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7. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
SOLE DISPOSITIVE POWER
141,939
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8. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
SHARED DISPOSITIVE POWER
19,945
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
161,884
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.9%
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12. TYPE OF REPORTING PERSON
EP
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CUSIP NO. 065631 10 3 Page 3 of 5 Pages
Item 1(a) Name of Issuer:
Bank West Financial Corporation
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Item 1(b) Address of Issuer's Principal Executive Offices:
2185 Three Mile Road, N.W.
Grand Rapids, MI 49544
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Item 2(a) Name of Person Filing:
Bank West Financial Corporation Employee Stock Ownership Plan.
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Item 2(b) Address of Principal Business Office or, if None, Residence:
Bank West Financial Corporation
2185 Three Mile Road, N.W.
Grand Rapids, MI 49544
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Item 2(c) Citizenship:
Michigan
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Item 2(d) Title of Class of Securities:
Common Stock, par value $.01 per share
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Item 2(e) CUSIP Number:
065631 10 3
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Item 3. If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b), check whether the person filing is a:
(f) [X] Employee Benefit Plan, Pension Fund which is
subject to the provisions of the Employee
Retirement Income Security Act of 1974.
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Item 4. Ownership.
(a) Amount beneficially owned:
161,884
(b) Percent of class: 8.9%
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CUSIP NO. 065631 10 3 Page 4 of 5 Pages
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote 141,939
(ii) Shared power to vote or to direct the vote 19,945
(iii) Sole power to dispose or to direct the
disposition of 141,939
(iv) Shared power to dispose or to direct the
disposition of 19,945
The Bank West Financial Corporation Employee Stock Ownership
Plan Trust ("Trust") was established pursuant to the Bank West
Financial Corporation Employee Stock Ownership Plan ("ESOP").
Under the terms of the ESOP, the Trustees must vote the
allocated shares held in the ESOP in accordance with the
instructions of the participating employees. Unallocated
shares held in the ESOP will be voted by the ESOP Trustees in
the same proportion for and against proposals to stockholders
as the ESOP participants and beneficiaries actually vote
shares of Common Stock allocated to their individual accounts.
Any allocated shares which either abstain on the proposal or
are not voted will be disregarded in determining the
percentage of stock voted for and against each proposal by the
participants and beneficiaries. As of December 31, 1996,
19,945 shares had been allocated to participants' accounts and
141,939 shares were unallocated. During 1996, 122 allocated
shares were distributed to terminated participants and 184
allocated shares were reverted back to the ESOP Trust and are
included in unallocated shares.
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable since the reporting entity owns more than 5% of
the class.
Item 6. Ownership of More than Five Percent on Behalf of Another
Person.
Participants in the ESOP are entitled to receive dividends on,
and the proceeds from, the sale of the shares allocated to
their accounts. The ESOP does not own more than 5% on behalf
of another person.
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding
Company.
Not applicable.
Item 8. Identification and Classification of Members of the Group.
Not applicable since the reporting entity is not a member of a
group.
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CUSIP NO. 065631 10 3 Page 5 of 5 Pages
Item 9. Notice of Dissolution of Group.
Not applicable since the reporting entity is not a member of a
group.
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 purpose or effect.
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.
BANK WEST FINANCIAL CORPORATION
EMPLOYEE STOCK OWNERSHIP PLAN TRUST
February 12, 1997 By: /s/ George A. Jackoboice
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George A. Jackoboice, Trustee
February 12, 1997 By: /s/ Richard L. Bishop
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Richard L. Bishop, Trustee
February 12, 1997 By: /s/ Jacob Haisma
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Jacob Haisma, Trustee
