Stilwell purchases 21,256 shares of Alliance Bancorp of Pennsylvania

By Lisa Kerner

Charlotte, N.C., April 8 - Alliance Bancorp, Inc. of Pennsylvania investor Stilwell Associates, LP purchased 21,256 shares of the company's common stock between March 12 and April 6 for a total of $159,806, according to a schedule 13D/A filed with the Securities and Exchange Commission on Wednesday.

With the purchase, Stilwell ups its stake in the company to 5.5%.

Between Jan. 15 and March 6, Stilwell bought 67,970 shares, a prior SEC filing said.

Alliance Bancorp is the holding company for Alliance Bank and is based in Broomall, Pa.

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