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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report February 18, 1997
CITIZENS COMMUNITY BANCORP, INC.
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(Exact Name of Registrant as Specified in Charter)
Florida 65-0614044
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(State of other jurisdiction) (IRS Employer Identification No.)
33-98090
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(Commission File Number)
650 East Elkcam Circle, Marco Island, Florida 34146
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(Address of Principal Executive Offices) (Zip Code)
(941) 389-1800
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(Registrant's Telephone Number, Including Area Code)
1112 1/2 N. Collier Boulevard, Marco Island, Florida 33937
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(Former Name or Former Address, if Changed Since Last Report)
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Item 5. Other Events
On January 31, 1997, Citizens Community Bancorp, Inc. ("Company")
sold the final shares offered in the Company's "Depositor Class Shares". These
shares were registered in the Company's Registration Statement Reg. No.
33-98090, which was effective December 7, 1995 ("Registration Statement") and
were sold in a continuous offering pursuant to Rule 415. The total number of
shares of the Company's Common Stock par value $0.01 issued or subscribed for on
January 31, 1997, was 770,000 shares. The Company's Offering will remain open
until the expiration date of the Warrant Certificates which were issued in
connection with the Company's initial offering the underlying shares of which
were also registered in the Registration Statement.
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 hereunto duly authorized.
CITIZENS COMMUNITY BANCORP, INC.
Date: February 18, 1997 /s/ Richard Storm, Jr.
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Chairman of the Board
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