MAF Bancorp, Inc. is a holding company for Mid America Bank, fsb (Bank), its banking subsidiary. The Bank is a community-oriented financial institution in the Chicago and Milwaukee metropolitan areas, serving both retail and business banking customers. At December 31, 2006, the Bank had a total of 82 branches. The Company also engages in residential real estate land development through its subsidiary, MAF Developments, Inc. (MAFD). The Company has two lines of business: banking, which includes lending and deposit gathering operations, as well as other financial services offered to individuals and business customers, and land development, which includes consists primarily of acquiring, obtaining necessary zoning and regulatory approvals, and improving raw land into developed residential lots for sale to builders. On February 1, 2006, the Company acquired EFC Bancorp, Inc. In September 2007, National City Corporation completed the acquisition of MAF Bancorp, Inc.
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