EFC Bancorp, Inc.
Proposed Ticker:EFC 1695 Larkin Avenue
Exchange:American Stock Exchange Elgin, IL 60123
Industry:Financial (SIC Code 6036) (847) 741-3900

Filing Information
Type of Shares:Common Shares Filing Date:10/24/97
U.S. Shares Filed:5,681,000 Filing Price:$10.00
Non-U.S. Shares Filed:0 Offering Amount: $56,810,000
Primary Shares:5,681,000 Expenses:$685,000
Secondary Shares:0 Shares Out After:

Primary Underwriting Group
ManagerTierPhone
Charles Webb & CompanyLead Manager (614) 766-8400

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Muldoon, Murphy & Faucette
Bank's Law Firm: Elias, Matz, Tiernan & Herrick
Auditor: KPMG Peat Marwick

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
7 Month Ending Financials
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Unaudited
Income
Balance
Sheet
12/31/96 7/31/97 7/31/96 7/31/97
Revenue:$24.22$14.66$13.89Assets:$324.36
Net Income:$2.04$1.82$1.73Curr Assets:
EPS:Liabilities:$293.03
Prior EPS:Curr Liabilities:$262.25
Cash Flow/Oper:Equity:$31.33
Cash Flow/Fin:Cash:
Cash Flow/Inv:

Business Description
The company is a Savings and Loan holding company for Elgin Financial Center, S.B.

Use of Proceeds
The proceeds from the proposed offering will be used for general corporate purposes.

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