MAF Bancorp Announces Regulatory Approval of Chesterfield Financial Corp. Merger

MAF Bancorp Announces Regulatory Approval of Chesterfield
Financial Corp. Merger 


CLARENDON HILLS, Ill., Oct. 21  /PRNewswire-FirstCall/ -- MAF Bancorp, Inc.
(NASDAQ:MAFB) announced today that the Office of Thrift Supervision has
approved its application to acquire Chesterfield Financial Corp (CFSL).  The
cash and stock transaction valued at approximately $128.5 million was announced
on June 5, 2004.  As previously announced, the Company expects the transaction
to close by the middle of the fourth quarter.

At June 30, 2004, Chesterfield had assets of $362 million, deposits of $280
million and operated four banking facilities in the Chicago area.

MAF Bancorp is the parent company of Mid America Bank, a federally chartered
stock savings bank.  The Bank currently operates a network of 68 retail banking
offices throughout Chicago and Milwaukee and their surrounding areas.  Offices
in Wisconsin operate under the name "St. Francis Bank, a division of Mid
America Bank."  The Company's common stock trades on the Nasdaq Stock Market
under the symbol MAFB. 

DATASOURCE: MAF Bancorp, Inc.



CONTACT:  Jerry A. Weberling, Chief Financial Officer, [phone],

or Michael J. Janssen, SVP, [phone], both of MAF Bancorp, Inc.



Web site:  http://www.mafbancorp.com/ 

Copyright