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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. )*
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ACCESS ANYTIME BANCORP, INC.
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(Name of Issuer)
Common Stock, $.01 par value
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(Title of Class of Securities)
00431F 10 5
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(CUSIP Number)
Kenneth J. Huey, Jr.
P.O. Box 1572
Clovis, New Mexico 88102 (505) 762-4417
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October 30, 1997
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(b)(3) or (4), check the following
box / /.
Check the following box if a fee is being paid with the statement / /. (A
fee is not required only if the reporting person: (1) has a previous statement
on file reporting beneficial ownership of more than five percent of the class
of securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such
class.) (See Rule 13d-7.)
NOTE: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies are
to be sent.
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section
of the Act but shall be subject to all other provisions of the Act (however,
see the Notes).
SEC 1746 (12-91)
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SCHEDULE 13D
CUSIP No. 00431F 10 5 Page 1 of 3 Pages
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(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Kenneth J. Huey, Jr. ###-##-####
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER (a) / /
OF A GROUP* (b) /X/
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(3) SEC USE ONLY
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(4) SOURCE OF FUNDS*
00
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(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) / /
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(6) CITIZENSHIP OR PLACE OF ORGANIZATION
United States Of America
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Number of Shares (7) Sole Voting
Beneficially Owned Power -0-
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting
Power 74,064
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(9) Sole Dispositive
Power -0-
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(10) Shared Dispositive
Power 74,064
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(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
74,064
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(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
/ /
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(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.0% (Based on the number of shares outstanding and options granted
as of October 31, 1997: 1,243,076 shares)
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(14) TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
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ITEM 1. SECURITY AND ISSUER
The title of the class of equity securities to which this statement on
Schedule 13D ("Statement") relates is the common stock $.01 par value, of
ACCESS ANYTIME BANCORP, INC. ("Issuer"), 801 Pile, Clovis, New Mexico 88101.
ITEM 2. IDENTITY AND BACKGROUND
(a) NAME: Kenneth J. Huey, Jr. ("Reporting Person")
(b) BUSINESS ADDRESS: PO Box 1572, Clovis, New Mexico 88102
(c) PRINCIPAL OCCUPATION: Banker
(d) NO
(e) NO
(f) USA
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
On October 30, 1997, options relating to 20,000 shares of Issuer's common
stock were granted by the Board to the Reporting Person. Another 30,000
shares are beneficially owned via options previously granted and which are
currently exercisable. No funds have been used to acquire such options.
The other 24,064 shares were previously purchased by the Reporting Person
either through exercising previous options granted or over-the-counter. Some
borrowed funds, from individuals, were used to purchase some of the
previously held 24,064 shares.
This report does not include the effect of 2% stock dividend declared by the
Board to all shareholders of record as of October 31, 1997, payable December 1,
1997.
ITEM 4. PURPOSE OF TRANSACTION
The Reporting Person acquired his shares of common stock for investment
purposes only. The Reporting Person is a member of the Board of Directors and
President/CFO of the Issuer. The Issuer's shareholders approved the 1997
Stock Option and Incentive Plan on May 30, 1997 at the Annual Shareholders
Meeting and options for 25,000 shares were granted under this Plan on May 30,
1997 and 20,000 shares were granted under the Plan on October 30, 1997. The
securities reported herein also include options for 5,000 shares granted
under a prior Stock Option Plan.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) A grant of options for 20,000 shares of common stock was made by the
Issuer's Board of Directors to the Reporting Person on October 30, 1997.
A Grant of options for 25,000 shares of common stock was made by the
Issuer's Board of Directors to the Reporting Person on May 30, 1997. The
45,000 shares granted were made under the 1997 Stock Option and
Incentive Plan. A grant of options for 5,000 shares of common stock was
made by the issuer's Board of
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Directors to the Reporting Person on June 26, 1996 under a prior Stock
Option Plan. The 50,000 options are currently exercisable, but none have
been exercised. The options are held solely by the Reporting Person, but
it is anticipated that any shares acquired on exercise of such options
would be held jointly with the Reporting Person's wife as described in
Item 5(b) below.
Please refer to Items 8, 10 and 13 on the cover for the aggregate number
of shares beneficially owned and percentage of the class held. Please
refer to the above paragraph for the number of shares which the
Reporting Person has the right to acquire.
(b) The Reporting Person has shared power to vote or to direct the vote
and shared power to dispose or to direct the disposition of 24,064
shares which are owned jointly with his wife Diana Huey, whose address
if 108 Sandzen, Clovis, New Mexico, principal occupation is secondary
education teacher, and citizenship is USA.
(c) During the past sixty (60) days, there have been no transactions in
shares of Common Stock by the Reporting Person or a member of his family
making purchases of such shares. The receipt of options during the past
sixty (60) days, is disclosed in Item 5(a) above.
(d) N/A
(e) N/A
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER.
None
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
None
SIGNATURE
AFTER REASONABLE INQUIRY AND TO THE BEST OF MY KNOWLEDGE AND BELIEF,
I CERTIFY THAT THE INFORMATION SET FORTH IN THIS STATEMENT IS TRUE,
COMPLETE AND CORRECT.
11-10-97 /s/ KENNETH J. HUEY, JR.
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DATE KENNETH J. HUEY, JR.
