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Standard Financial Amends Bylaws

CHICAGO, Nov. 22 /PRNewswire/ -- Standard Financial, Inc. (Nasdaq: STND), the holding company for Standard Federal Bank for savings of Chicago, today announced that its Board of Directors has approved an amendment to the Company's bylaws. The amendment requires 120 days' advance notice to nominate an individual for a position on the Company's board of directors and to submit a proposal for consideration at the annual stockholders meeting.

Headquartered in Chicago, Standard Financial, Inc. is a community-oriented institution offering a variety of retail financial services to meet the needs of the community it serves. The bank operates 14 full-service offices on the southwest side of Chicago and in the nearby western and southwestern suburbs.

SOURCE Standard Financial, Inc.
 -0- 11/22/96

/NOTE TO EDITORS: For more information on Standard Financial, Inc., via facsimile at no additional cost, simply dial 1-800-PRO-INFO and select Company Code 186./

/CONTACT: Randall R. Schwartz, Vice President and General Counsel, of Standard Financial, 708-986-7836, or General Inquiries, Bill Murphy, of The Financial Relations Board, 312-266-7800/


CO: Standard Financial, Inc. ST: Illinois IN: FIN SU:

JS-CS -- CLF034 -- 4032 11/22/96 18:46 EST
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Publication:PR Newswire
Date:Nov 22, 1996
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