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  September 5, 2001
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Home > Company Index > Banking > Banking - Midwest > Alliance Bancorp

Alliance Bancorp
Nasdaq: ABCL
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 PROFILE
Alliance Bancorp is the holding company for Liberty Federal Bank, which has 19 offices in Chicago and in Illinois' Cook and DuPage counties. The bank primarily originates single-family residential mortgages (nearly 50% of loan portfolio), which it sells on the secondary market; other real estate loans comprise 30% of the portfolio. It also makes commercial, home equity, and consumer loans. Deposit products include savings, NOW, and money market accounts. Subsidiary INVEST Financial provides financial advice and security brokerage services. Alliance Bancorp also owns Preferred Mortgage Associates, a Chicago mortgage broker with three offices. The company has agreed to be bought by Charter One Financial.

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 151.30
1-Yr. Sales Growth: (2.2)%
Employees: 490
Revenue per employee: $308,775.51

 KEY PEOPLE
• Kenne P. Bristol
    CEO
• Richard A. Hojnicki
    CFO

 CONTACT INFO
1 Grant Sq.
Hinsdale, IL 60521
US
Phone: 630-323-1776
Fax: 630-323-4653
Online: Web Site

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