MOUND CITY FINANCIAL SERVICES INC
424B3, 1998-10-07
STATE COMMERCIAL BANKS
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                              Filing made pursuant to Reg. Section 230.424(b)(3)
                     Form of filing pursuant to Reg. Sections 230.424(c) and (e)
                                           Relates to Registration No. 333-53797




                              PROSPECTUS SUPPLEMENT

[Cross reference:  This supplement relates to the Mound City Financial Services,
Inc.  Prospectus,  filed as part of Form SB-2/A (Amendment No. 3),  Registration
No. 333-53797, effective August 11, 1998 at 5:00 p.m., EST.]

     On page 8 of the Prospectus, the Board of Directors of Mound City Financial
Services, Inc. reserved the right, in its sole discretion,  to extend the period
within  which the Common  Stock will be offered  pursuant to the Offering for an
additional  period of time beyond the Expiration  Date.  The initial  Expiration
Date was October 10, 1998,  60 days after the  Offering  became  effective.  The
Board has decided to extend the period of the Offering. The Offering will expire
on December 4, 1998 at 5:00 p.m. CST.

     This  extension  constitutes a  substantive  change from or addition to the
information  set  forth as part of the  registration  statement  filed  with the
S.E.C.  (Form  SB-2/A  (Amendment  No.  3),  Registration  No.  333-53797),  and
therefore Reg.  Section  230.424(b)(3)  requires this Supplement to be filed, in
accordance with Reg. Sections 230.424(c) and (e).



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