For many banks that grew up in the Chicago market, 2004 may be the time to make a deal. The Windy City is poised for an M&A explosion, and many savvy bank boards could be sitting in the catbird's seat.
AS CHAIRMAN AND CEO of Clarendon Hills, Illinois-based MAF Bancorp, a $9 billion holding company and one of the Chicago area's largest independent financial institutions, Allen Koranda has been aggressively expanding his franchise, adding several de novo branches each year. Strong earnings also have made MAF stock an attractive alternative to smaller community banks that have hit a growth wall in the face of an unprecedented invasion from some of the nation's biggest banking …
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