AMBANC HOLDING CO INC
8-K, 1998-06-08
SAVINGS INSTITUTION, FEDERALLY CHARTERED
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549



                                    FORM 8-K


                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


                         Date of Report June 2, 1998


                             AMBANC HOLDING CO., INC.
- --------------------------------------------------------------------------------
             (Exact name of Registrant as specified in its Charter)


         Delaware                      0-27036                  14-1783770
- --------------------------------------------------------------------------------
(State or other jurisdiction     (Commission File No.)        (IRS Employer
      of incorporation)                                     Identification No.)


 11 Division Street, Amsterdam, New York                              12010-4303
- --------------------------------------------------------------------------------
(Address of principal executive offices)                              (Zip Code)


       Registrant's telephone number, including area code: (518) 842-7200
                                                            --------------------

                                       N/A
- --------------------------------------------------------------------------------
         (Former name or former address, if changed since last report)


<PAGE>


Item 5. Other Events
- --------------------

     On June 2, 1998, the Registrant issued the press release attached hereto as
Exhibit 99 announcing its Regular Quarterly Cash Dividend.


Item 7. Financial Statements and Exhibits
- -----------------------------------------

     (c)  Exhibits

     The  Exhibits  referred  to in  Item 5 of this  Report  and  listed  on the
accompanying Exhibit Index are filed as part of this Report and are incorporated
herein by reference.

<PAGE>

                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  Report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.

                            AMBANC HOLDING CO., INC.



Date:     June 2, 1998                  By: /s/Robert J. Brittain
      ---------------------------           ---------------------------------
                                            Robert J. Brittain
                                            President & Chief Executive Officer

<PAGE>


Exhibit
Number                            Description
- -------        ---------------------------------------------------

  99           Press release dated June 2, 1998








PRESS RELEASE


                              FOR IMMEDIATE RELEASE

Contacts:
Robert J. Brittain, President and CEO                      
Tel:(518) 842-7200
Fax:(518) 842-7500
Harold A. Baylor, Jr., Vice Pres., CFO, and Treas.
Tel:(518) 842- 7200
Fax:(518) 842-1688


       Ambanc Holding Co., Inc. Announces Regular Quarterly Cash Dividend


Amsterdam,  N.Y.,  June 2,  1998 -  Robert  J.  Brittain,  President  and  Chief
Executive  Officer of Ambanc Holding Co., Inc. (NASDAQ - AHCI),  today announced
that the Company's  board of  directors,  at their meeting held on May 22, 1998,
declared a regular  quarterly  cash  dividend of 6 cents per common  share.  The
dividend will be paid on June 30, 1998, to shareholders of record as of June 15,
1998.

Ambanc  Holding Co.,  Inc. is a unitary  savings and loan holding  company.  The
company's primary  subsidiary,  Amsterdam Savings Bank, F.S.B.,  operates twelve
(12)  full-service  banking offices in Montgomery (4), Saratoga (4), Fulton (1),
Schenectady  (1), and Albany (2)  Counties in the Capital  Region of upstate New
York.





                                      -End-





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