AMBANC HOLDING CO INC
8-K, 1998-09-14
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 September 14, 1998                 
                                                                               
                                                                                
                             AMBANC HOLDING CO., INC.                           
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             (Exact name of Registrant as specified in its Charter)             
                                                                                
                                                                                
         Delaware                      0-27036                  14-1783770      
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(State or other jurisdiction     (Commission File No.)        (IRS Employer     
      of incorporation)                                     Identification No.) 
                                                                                
                                                                                
 11 Division Street, Amsterdam, New York                              12010-4303
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(Address of principal executive offices)                              (Zip Code)
                                                                                
                                                                                
       Registrant's telephone number, including area code: (518) 842-7200       
                                                            --------------------
                                                                                
                                       N/A                                      
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         (Former name or former address, if changed since last report)          
                                                                                
                                                                                
<PAGE>                                                                          
                                                                                
                                                                                
Item 5. Other Events                                                            
- --------------------                                                            
                                                                                
     On September 3, 1998,  the  Registrant  issued the press  release  attached
hereto as Exhibit 99 announcing Ambanc's 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:     September 14, 1998              By:           
      ---------------------------           ---------------------------------   
                                            Lauren T. Barnett                  
                                            President & Chief Executive Officer 
                                                                                
<PAGE>                                                                          
                                                                                
                                                                                
Exhibit                                                                         
Number                            Description                                   
- -------        ---------------------------------------------------              
                                                                                
  99           Press release dated September 3, 1998                      
                                                                                
                             
                                                                                
                                                                          
                                                                                
                                                                                

                              FOR IMMEDIATE RELEASE

Contact:
Lauren T. Barnett, President and CEO
Tel: (518)842-7200
Fax: (518)842-7500
Harold A. Baylor, Vice President, CFO, & Treasurer
Tel: (518)842-7200
Fax: (518)842-1688


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

  
     Amsterdam, N.Y., September 3, 1998 - Lauren T. Barnett, 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 August 28, 1998,
declared a regular  quarterly  cash  dividend of 6 cents per common  share.  The
dividend  will be paid on September 15, 1998,  to  shareholders  of record as of
September 1, 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.
                            

     
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