SOURCE: MAF Bancorp, Inc.

January 25, 2006 07:00 ET

MAF Bancorp Announces 9% Increase in Quarterly Cash Dividend

CLARENDON HILLS, IL -- (MARKET WIRE) -- January 25, 2006 -- MAF Bancorp, Inc. (NASDAQ: MAFB), announced today that its Board of Directors has approved a 9% increase in the quarterly cash dividend. The dividend will increase to 25 cents per share from 23 cents per share. The cash dividend will be paid on April 4, 2006 to shareholders of record on March 17, 2006. This is the Company's twelfth increase in its cash dividend in the past eleven years.

MAF Bancorp is the parent company of Mid America Bank, a federally chartered stock savings bank. The Bank currently operates a network of 75 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.

Contact Information

  • Contact:
    Jerry A. Weberling
    Chief Financial Officer
    Michael J. Janssen
    Senior Vice President
    (630) 325-7300

    MAF Bancorp, Inc.
    55th Street & Holmes Avenue
    Clarendon Hills, IL 60514