SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
Union Community Bancorp
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(Name of issuer)
Common Stock
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(Title of class of securities)
906054101
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(CUSIP number)
Richard Barag
7965 Castor Avenue
Philadelphia, PA 19152
(215) 745-6074
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(Name, address and telephone number of person authorized
to receive notices and communications)
March 8, 1999
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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(e) 13d-1(f) or 13d-1(g), check the
following box / /.
NOTE: Schedules filed in paper format shall include a signed original and
five copies of the schedule, including all exhibits. See 13d-7(b) for other
parties to whom copies are to be sent.
(1) 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 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).
Page 1 of 4
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CUSIP No. 906054101
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(1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of
Above Persons
Richard Barag
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(2) Check the Appropriate Box if a Member (a) / /
of a Group* (b) / /
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(3) SEC Use Only
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(4) Source of Funds*
PF
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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
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(7) Sole Voting Power
NUMBER OF 148,000
SHARES --------------------------------------------------
BENEFICIALLY (8) Shared Voting Power
OWNED BY None
EACH --------------------------------------------------
REPORTING (9) Sole Dispositive Power
PERSON WITH 148,000
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(10) Shared Dispositive Power
None
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(11) Aggregate Amount Beneficially Owned by Each Reporting Person
148,000
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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)
5.32%
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(14) Type of Reporting Person*
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
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ITEM 1. SECURITY AND ISSUER.
Common stock par value 0.001 per share, Union Community Bancorp 221 E. Main
Street Crawfordsville, IN 47933.
ITEM 2. IDENTITY AND BACKGROUND.
(a) Richard Barag
(b) 7965 Castor Avenue, Philadelphia PA 19152
(c) Owner - Barag & De Cave, 7965 Castor Avenue, Philadelphia PA 19152
(d) n/a
(e) n/a
(f) United States
ITEM 3. SOURCE AND AMOUNTS OF FUNDS OR OTHER CONSIDERATIONS.
Personal Funds totaling $1,776,000.
ITEM 4. PURPOSE OF TRANSACTION.
The Reporting Person acquired and continues to hold the securities of the
Issuer for investment purposes. The Reporting Person does not have any
present plans or proposals which relate to or would result in any of the
items described in Item 4 of Schedule 13D.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
[DATA TO BE FILLED IN]
(a) 148,000 5.32%
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
n/a
Page 3 of 4
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ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
n/a
After reasonable inquiry and to the best of its knowledge and belief, the
undersigned hereby certifies that the information set forth in this statement
is true, complete and correct.
DATED: March 16, 1999 DANIEL DROR
/s/ Richard Barag
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By: Richard Barag
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