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
June 17, 1996
(Date of earliest event reported)
Community Federal Bancorp, Inc.
(Exact name of registrant as specified in its charter)
Delaware 0-27930 64-086536
(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification No.)
of incorporation)
333 Court Street, Tupelo, Mississippi 38802
(Address of principal executive offices) (Zip Code)
(601) 842-3981
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
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Item 7. Financial Statements, Pro Forma Financial Information
and Exhibits
(a) Not applicable
(b) Not applicable
(c) Exhibits:
99(a) Press Release, dated June 17, 1996
<PAGE>
Exhibit 99(a)
Press Release, dated June 17, 1996
<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.
COMMUNITY FEDERAL BANCORP, INC.
Date: June 17, 1996 By: (s) Jim Ingram
Jim Ingram, President and CEO
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Community Federal Bancorp, Inc.
333 Court Street
Tupelo, MS 38801
(601)842-3981
PRESS RELEASE
For Further Information Contact:
Jim Ingram
Community Federal Bancorp, Inc.
(601) 842-3981
Tupelo, Mississippi, June 17,1996 - The Board of Directors of
Community Federal Bancorp, Inc. (NASDAQ Symbol "CFTP"), is
pleased to announce the declaration of a $.0750 per share
quarterly cash dividend. The dividend is payable to all
shareholders of record as of July 1,1996, and is scheduled to be
paid July 16, 1996.
On March 24, 1996, the company became the Stock Holding Company
of Community Federal Savings Bank as a part of a "second step"
stock conversion. Prior to the conversion the Bank was a wholly
owned subsidiary of a Mutual Holding Company. This is the first
dividend paid to the stockholders since the conversion.
Community Federal Bancorp, Inc. owns Community Federal Savings
Bank, which is a federally-chartered savings bank whose deposits
are insured by the FDIC. The Bank conducts business from its
single office located in Tupelo, Mississippi.
