ACCESS ANYTIME BANCORP INC
SC 13D, 1997-04-28
SAVINGS INSTITUTION, FEDERALLY CHARTERED
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                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

                                 SCHEDULE 13D


                 Under the Securities Exchange Act of 1934
                            (Amendment No.          )*
                                          ---------
                                
                           ACCESS ANYTIME BANCORP, INC.
           --------------------------------------------------------
                                (Name of Issuer)

                           Common Stock, $.01 par value
           --------------------------------------------------------
                          (Title of Class of Securities)

                                   00431F 10 5
           --------------------------------------------------------
                                 (CUSIP Number)
 
                               Robert Chad Lydick
                                  P.O. Box 1386
                              Clovis, New Mexico 88102
                                  (505)762-3771
           --------------------------------------------------------
           (Name, Address and Telephone Number of Person Authorized
                     to Receive Notices and Communications)

                                April 8, 1997
           --------------------------------------------------------
            (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 this 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).


                        (Continued on following page(s))

                              Page 1 of     Pages
                                        --- 


<PAGE>

CUSIP No. 00431F 10 5                 13D                Page  1  of  3  Pages
          -----------                                         ---    --- 


- -------------------------------------------------------------------------------
 (1) Names of Reporting Persons.  S.S. or I.R.S. Identification Nos. of Above
     Persons

     Robert Chad Lydick     ###-##-####
- -------------------------------------------------------------------------------
 (2) Check the Appropriate Box if a Member     (a)  / /
     of a Group*                               (b)  /X/
- -------------------------------------------------------------------------------
 (3) SEC Use Only

- -------------------------------------------------------------------------------
 (4) Source of Funds*
     PF
- -------------------------------------------------------------------------------
 (5) Check if Disclosure of Legal Proceedings is Required Pursuant to
     Items 2(d) or 2(e)
- -------------------------------------------------------------------------------
 (6) Citizenship or Place of Organization
     United State of America
- -------------------------------------------------------------------------------
Number of Shares              (7) Sole Voting
 Beneficially Owned                 Power                     -0-
 by Each Reporting           --------------------------------------------------
 Person With                  (8) Shared Voting
                                    Power                  60,578
                             --------------------------------------------------
                              (9) Sole Dispositive
                                    Power                     -0-
                             --------------------------------------------------
                             (10) Shared Dispositive
                                    Power                  60,578
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
     60,578
- -------------------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares*

- -------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
     5.1% (based on the number of shares outstanding at the conclusion of 
     the issuer's public offering on April 8, 1997 : 1,193,076 shares)
- -------------------------------------------------------------------------------
(14) Type of Reporting Person*
     IN
- -------------------------------------------------------------------------------
                    *SEE INSTRUCTION BEFORE FILLING OUT!


<PAGE>
                                                          Page  2  of  3  Pages
                                                               ---    --- 

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: Robert Chad Lydick ("Reporting Person")
(b) BUSINESS ADDRESS: PO Box 1386, Clovis, New Mexico 88102
(c) PRINCIPAL OCCUPATION: Engineering - Lydick Engineers, PO Box 1386, 
    Clovis, NM
(d) NO
(e) NO
(f) USA

ITEM 3.  SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION

     The total amount of funds used for the purchases reported herein was 
$164,267.25. The purchases were made by the persons or the corporation 
indicated in Item 5(c) from their own funds; these were not borrowed funds.

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 of the Issuer. The Issuer began mailing its Annual Meeting Proxy 
Statement on April 17, 1997, which contains proposals relating to amending 
the Issuer's Certificate of Incorporation, including a "fair price" amendment.

ITEM 5.  INTEREST IN SECURITIES OF THE ISSUER

    (a) The Reporting Person is reporting 16,578 shares held by Lydick 
Engineers and Surveyors, Inc. a corporation of which he is President, and 
shares held by or with his immediate family. He is also reporting 44,000 
shares that are owned by his father, Robert L. Lydick. The aggregate number 
is 60,578 shares or 5.1% of the Issuer's outstanding common stock, 1,193,076 
shares (based on the number outstanding at the conclusion of the Issuer's 
Public Offering on April 8, 1997).

     (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 4,278 shares which 
are owned jointly with his wife, Vickie Lydick, and two children, Shay M. and 
Sara L. Lydick, and 12,300 shares which are owned by Lydick Engineers and 
Surveyors, Inc. of which the Reporting Person is President. The Reporting 
Person may have shared voting powers with respect to 44,000 shares which are 
owned by his father, Robert L. Lydick. Pursuant to Rule 13d-4, the Reporting 
Person disclaims beneficial ownership of the shares owned by his father. 

     (c) During the past sixty (60) days, the following transactions in 
shares of Common Stock were effected by Robert Chad Lydick or a member of his 
family making purchases of such shares.


DATE                    NO. SHARES                     PRICE PER SHARE
- ----                    ----------                     ---------------
2/14/97*                  11,250  (a)                        $5.25
2/14/97*                  10,750  (a)                        $5.25
2/14/97**                  6,150  (a)                        $5.25
2/14/97***                 1,139  (a)                        $5.25
3/20/97****                1,000  (b)                        $5.25
3/20/97****                1,000  (b)                        $5.25


*      Robert L. Lydick (Father)
**     Lydick Engineers & Surveyors, Inc.
***    Robert Chad and Vickie Lydick 
*****  Shay M. and Sara L. Lydick with Vickie Lydick (children and wife)

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.
                                                  4-23-97
                                       ----------------------------------------
                                       (Date)
                                                 Robert Chad Lydick
                                       ----------------------------------------
                                       (Signature)

                                       ----------------------------------------
                                       (Name/Title)




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