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MICHAEL C. BRAUN NAMED PRESIDENT, CHIEF EXECUTIVE OFFICER OF MERCHANDISE NATIONAL BANK

 CHICAGO, June 3 /PRNewswire/ -- Chicago-based EdgeMark Financial Corporation today announced that Michael C. Braun, 47, has been named president and chief executive officer of its Merchandise National Bank of Chicago unit effective July 1. Braun succeeds Charles A. Bruning who became vice chairman of Merchandise National and continues as president and chief executive officer of EdgeMark Financial Corporation, the bank's holding company.
 Braun joins Merchandise National from First National Bank of Cicero where he was president, chief executive officer and a director. Additionally, he served as chief credit officer of Pinnacle Banc Group, Inc., holding company of six subsidiary banks including First National Bank of Cicero.
 "Michael brings more than 20 years of experience to this position," Bruning said. "His proven record of administration, combined with his credit skills, will be a great asset to this bank. We look forward to his leadership as we continue our profitable growth."
 Braun's earlier experience includes positions as executive vice president and director of First National Bank of Cicero and first vice president and division head of Exchange National Bank. He began his career as a commercial loan officer at American Bank and Trust Company.
 Active in several local business and civic organizations, Braun is a member of the board of directors and vice president of the Cicero Chamber of Commerce & Industry and is on the board of directors and a past president of PAV YMCA in Berwyn, Ill.
 Braun holds a bachelor of science degree from the University of Illinois, Champaign-Urbana. He currently resides in Elmhurst, Ill.
 EdgeMark Financial Corporation is a $527-million asset, multi bank holding company that owns and operates Merchandise National Bank of Chicago; Edgewood Bank in Countryside and Woodridge; EdgeMark Bank Lombard; First National Bank of Lockport and EdgeMark Bank Rosemont. EdgeMark Financial Corporation's common stock is traded on The NASDAQ Small-Cap Market under the symbol EDGE.
 -0- 6/3/93
 /CONTACT: Charles A. Bruning of EdgeMark Financial, 312-836-8001; or George Morvis of Financial Shares Corp., 312-943-8116, for EdgeMark Financial/
 (EDGE)


CO: EdgeMark Financial Corporation ST: Illinois IN: FIN SU: PER

SH -- NY087 -- 5096 06/03/93 15:05 EDT
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Publication:PR Newswire
Date:Jun 3, 1993
Words:352
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