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WILLIAM M. DALEY TO REJOIN LAW FIRM;WILL REMAIN DIRECTOR OF AMALGAMATED BANK OF CHICAGO

 CHICAGO, March 15 /PRNewswire/ -- Amalgamated Bank of Chicago today announced that William M. Daley, president and chief operating officer, will rejoin the law firm of Mayer, Brown & Platt, Chicago, effective May 1.
 Daley will remain a director of the board of Amalgamated Investments Company, the bank's holding company, and will also continue to serve as a director of both the bank and AmalgaTrust, Amalgamated's Trust Company.
 "Bill's leadership and dedicated service has helped Amalgamated to achieve its potential as a leading provider of financial services to our niche markets. While we will miss his contribution on a day-to-day basis, we look forward to his guidance and counsel as a director of our holding company, bank and trust company. We wish Bill the very best," said Eugene P. Heytow, chairman and chief executive officer.
 Founded in 1922, Amalgamated Bank of Chicago is located at One West Monroe in downtown Chicago. With approximately $500 million in assets, the bank specializes in providing services to labor unions, governments and professionals.
 -0- 3/15/93
 /CONTACT: George M. Morvis of Financial Shares Corporation, 312-943-8116, for Amalamated/


CO: Amalgamated Bank of Chicago ST: Illinois IN: FIN SU: PER

WB -- NY096 -- 6267 03/15/93 17:41 EST
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Publication:PR Newswire
Date:Mar 15, 1993
Words:202
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