Bridgeview Bank Closes Uptown National Bank Acquisition

Acquisition Gives Bridgeview Presence in
Rapidly Growing North Side Neighborhoods

CHICAGO, June 24, 2003 - Bridgeview Bancorp, Inc. announced it has successfully closed its acquisition of Upbancorp, Inc. and its subsidiary, Uptown National Bank of Chicago. Bridgeview agreed to purchase Uptown in February for $56.7 million. With the acquisition complete, Uptown National Bank becomes a member of the Bridgeview Bank Group and will be known as Bridgeview Bank Uptown.

"We are thrilled to close our acquisition of Uptown," stated Peter J. Haleas, chairman of Bridgeview Bancorp, Inc. "With the addition of Uptown, Bridgeview gains not only a vibrant and growing network of banking facilities, but also entry into one of the most dynamic and forward-moving neighborhoods in the City of Chicago. We are extremely optimistic about the opportunities that await us in Uptown."

Haleas announced that Suellen Long, a 32-year veteran of the bank, and a respected leader in the Uptown community, will serve as president of the Uptown location. In addition to other banking responsibilities, Long spearheaded the $20 million dollar renovation of the historic Uptown Bank Building at Broadway and Lawrence Avenues. Long is active in numerous community organizations and serves as Chairman of the Board of the Uptown Chamber of Commerce. "This is an exciting time for our staff, our customers and our community," stated Long. "Bridgeview shares so many of the same values that made Uptown National Bank such an anchor in our community for over 70 years. I am pleased that this tradition will continue and I can foresee Bridgeview at the forefront of growth in our neighborhood."

Uptown has assets of more than $400 million and offers customers a complete range of retail, commercial and real estate banking services. In addition to its flagship building at the corner of Broadway and Lawrence Avenues, the bank has four full-service offices located on the North side of the City, serving the communities of Uptown, Edgewater, Lake View, Andersonville and Lincoln Square, and also operates a loan production facility in Aurora. An additional two full-service banking offices serve the Phoenix, Arizona area.

About Bridgeview Bancorp, Inc.
Bridgeview Bancorp, Inc. was founded in 1971 in Bridgeview, Illinois. Today, Bridgeview Bank operates full-service banking locations in Bridgeview, Lincoln Park, Lincolnshire, Oswego, Wicker Park, Woodridge and Zion-Benton. In June of 2003, Bridgeview acquired Uptown National Bank of Chicago and added an additional five full-service banking facilities in the Uptown communities of Chicago, as well as two full-service banking facilities in the Phoenix, Arizona area. The bank also operates Bridgeview Capital Solutions (BCS), a rural business lending operation, based in Atlanta, Georgia.