PAGE 1
U.S. SECURITIES & EXCHANGE COMMISSION
Washington, D. C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
Massachussetts Fincorp, Inc.
(Name of Issuer)
Common Stock
(Title of Class Securities)
57564R-10-8
(CUSIP Number)
Mark W. Jaindl
1964 Diehl Court, Allentown, PA 18104
(610) 366-1800
(Name, Address and Telephone Number
of Person Authorized to Receive
Notices and Communications)
May 17, 1999
(Date of Event which Requires Filing
of this Statement)
If the filing person has previously filed a statement on
Schedule 13D 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 ( x ). (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 less than five percent of such class. See Rule
13d-7.)
The information required on the remainder of this cover page
shall not be deemed to "file" 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.
Cusip No. 57564R-10-8
1) Names of Persons S.S. or I.R.S. Identification
Nos. of Above Persons:
Mark W. Jaindl - SSN ###-##-####
____________________________________________________________
_________________
2) Check the Appropriate Box if a Member of a Group
(See Instruction): __________
(a)_______
(b) X
____________________________________________________________
_________________
3) SEC Use Only___________
____________________________________________________________
_________________
4) Source of Funds: : 00
____________________________________________________________
_________________
5) Check if Disclosure of Legal Proceedings is
Required
Pursuant to items 2 (d) or (e): Yes No XX N/A
____________________________________________________________
_________________
6) Citizenship or Place of Organization: US U.S.
____________________________________________________________
_________________
Number of 7) Sole Voting Power: 27,200 1,640,150
Shares Bene-
____________________________________________________________
____
ficially
Owned by 8) Shared Voting Power: N/ A
Each Report-
____________________________________________________________
____
ing Person 9) Sole Dispositive Power: 27,200
With________________________________________________________
________________
10) Shared Dispositive Power:
_________________________________________
____________________________________________________________
_________________
11) Aggregate Amount Beneficially Owned by Each
Reporting
Person: 27,200 shares
____________________________________________________________
________________
12) Check if the Aggregate Amount in Row (11) Excludes
Certain Shares Yes No XX N/A
____________________________________________________________
_________________
13) Percent of Class Represented by Amount in Row (11)
5.0%
6.20%
____________________________________________________________
_________________
14) Type of Reporting Person (See Instructions): INN
____________________________________________________________
_________________
Cusip No. 663905107
1) Names of Persons S.S. or I.R.S. Identification
Nos. of Above Persons:
Zachary John Jaindl Trust - EIN 23-6956997
____________________________________________________________
_________________
2) Check the Appropriate Box if a Member of a Group
(See Instruction): __________
(a)_______
(b) X
____________________________________________________________
_________________
3) SEC Use Only____________
____________________________________________________________
_________________
4) Source of Funds: : 00
____________________________________________________________
_________________
5) Check if Disclosure of Legal Proceedings is
Required
Pursuant to items 2 (d) or (e): Yes No XX N/A
____________________________________________________________
_________________
6) Citizenship or Place of Organization: US U.S.
____________________________________________________________
_________________
Number of 7) Sole Voting Power: 7,000 1,640,150
Shares Bene-
____________________________________________________________
____
ficially
Owned by 8) Shared Voting Power: N/ A
Each Report-
____________________________________________________________
____
ing Person 9) Sole Dispositive Power: 7,000
With________________________________________________________
________________
10) Shared Dispositive Power: N/A
____________________________________________________________
_________________
___________________________________________________
11) Aggregate Amount Beneficially Owned by Each
Reporting
Person: 7,000 shares
____________________________________________________________
________________
12) Check if the Aggregate Amount in Row (11) Excludes
Certain Shares: Yes No XX N/A
____________________________________________________________
_________________
13) Percent of Class Represented by Amount in Row (11)
1.3%
6.20%
____________________________________________________________
_________________
14) Type of Reporting Person: Trust IN
____________________________________________________________
_________________
Item 1. .
This Schedule 13D filing relates to the common stock,
$.01 par value, of Massachusetts Fincorp, Inc., a
Massachusetts co-operative bank holding company having its
principal business offices at 1442 Dorchester Avenue,
Boston, Massachusetts 02122 (the "Company").
Item 2. Identity and Background
(a) This statement is being filed by Mark
W. Jaindl ("Mr. Jaindl") and the Zachary John Jaindl Trust
("Trust").
(b) Mr. Jaindl's principal business address is
American Bank of the Lehigh Valley, 4029 W. Tilghman Street,
Allentown PA 18104. The Trust's principal business address
is 3150 Coffeetown Road, Orefield, PA 18069.
(c Mr. Jaindl is the President and Chief Executive
Officer of American Bank of the Lehigh Valley, a commercial
bank whose principal business address is 4029 West Tilghman
Street, Allentown PA 18104.
(d) During the past five years Mr. Jaindl has not
been convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors).
(e) During the past five Mr. Jaindl has not been a
party to a civil proceeding of a judicial or administrative
body of competent jurisdiction and as a result of which was
subject to a judgement, decree or final order enjoining
future violations of, or prohibiting or mandating activities
subject to, federal or state securities laws or finding any
violations with respect to such laws.
(f) Mr. Jaindl is a U.S. citizen. The Zachary John
Jaindl Trust is a Trust.
Item 3. Source and Amount of Funds or Other
Consideration.
Mr. Jaindl has in the past borrowed funds to purchase
investments or to finance other business interests. Mr.
Jaindl may in the future borrow funds to purchase additional
shares of the Company's common stock or to finance other
business interests, which loans may be secured by pledges of
the Company's common stock.
Item 4. Purpose of Transaction.
Mr. Jaindl and the Trust have purchased these shares
for investment purposes and have no current plans which
would result in any actions enumerated in the Schedule 13d
instructions for this Item 4. However, any of the above may
acquire or sell shares of the Company common stock if
attractive investment opportunities become available in the
future.
Item 5. Interest in Securities of the Issuer.
(a) Mr. Jaindl and the Trust own 27,200 and 7,000
shares respectively of common stock of the Company. In
total, these 34,200 shares constitute approximately 6.3% of
the 545,481 shares of Company common stock outstanding as of
March 19, 1999.
(b) Mr. Jaindl and the Trust have the sole voting and
dispositive power of 27,200 and 7,000 respectively of common
stock they hold.
(c) The following transactions were effected by or on
behalf of each of the above during the past sixty days:
action
Mark W. Jaindl
Date Shares Price
05/10/99 1,000 $ 9.125
Open Market
05/10/99 500 $ 9.375
Open Market
05/11/99 10,000 $10.125
Open Market
05/11/99 7,000 $10.25
Open Market
05/11/99 1,200 $ 9.75
Open Market
05/12/99 4,500 $10.0625
Open Market
05/17/99 3,000 $10.375
Open Market
Zachary J. Jaindl Trust
Date Shares Price
05/13/99 1,000 $10.00
Open Market
05/14/99 1,000 $10.125
Open Market
05/17/99 5,000 $10.25
Open Market
(d) Not applicable
(e) Not applicable
Item 6.
Contracts, Arrangements, Understandings or
Relationships With Respect to Securities of the Issuer.
Not applicable.7n
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.
May 17, 1999
________________________________________
Signature
Mark W. Jaindl
