BCSB BANKCORP INC
8-K, 1998-12-03
SAVINGS INSTITUTION, FEDERALLY CHARTERED
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          SECURITIES AND EXCHANGE COMMISSION
                WASHINGTON, D.C.  20549

                       FORM 8-K

                    CURRENT REPORT

          Pursuant to Section 13 or 15(d) of
          the Securities Exchange Act of 1934


      Date of Report (Date of earliest event reported):
                      November 25, 1998


                    BCSB BANKCORP, INC.
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(Exact name of registrant as specified in its charter)


United States                    0-24589         52-2108333
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(State or other jurisdiction   (Commission     (I.R.S. employer
of incorporation)              file number)  identification No.)

4111 E. Joppa Road, Suite 300, Baltimore, Maryland     21236
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(Address of principal executive offices)            (Zip code)

Registrant's telephone number, including area code:(410)256-5000


                            Not Applicable
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(Former name or former address, if changed since last report)
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ITEM 5.   OTHER EVENTS
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     On November 25, 1998, the Registrant announced that Gary
C. Loraditch will succeed Michael J. Dietz as President of BCSB
Bankcorp, Inc. and its operating subsidiary, Baltimore County
Savings Bank, F.S.B. effective January 1, 1999.  For further
information, reference is made to the Registrant's press release
dated November 25, 1998, which is attached hereto as Exhibit
99.1, and incorporated herein by reference.

ITEM 7.   FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION
          AND EXHIBITS
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     The following is a list of exhibits filed with this
Current Report on Form 8-K.

     Exhibit No.         Description
     -----------         -----------

        99.1             Press Release, dated November 25, 1998



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                      SIGNATURES



     Pursuant to the requirements of the Securities Exchange
Act of 1934, the Registrant has duly caused this report to be
signed on its behalf by the undersigned hereto duly authorized.
                                        

                                   BCSB BANKCORP, INC.



Date: December 1, 1998             By: /s/ Gary C. Loraditch
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                                       Gary C. Loraditch
                                       Vice President


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                      NEWS RELEASE
                      FOR MORE INFORMATION CONTACT
                      Michele J. Scott, Assistant Vice President 
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                      FOR IMMEDIATE RELEASE                
                      (410) 256-5000



            BCSB BANKCORP, INC.  ANNOUNCES
     APPOINTMENT OF GARY C. LORADITCH AS PRESIDENT


     Baltimore, Maryland - November 25, 1998.  BCSB Bankcorp,
Inc. (Nasdaq.nms: BCSB), the holding company for Baltimore
County Savings Bank, F.S.B. and a majority-owned subsidiary of
Baltimore County Savings Bank, M.H.C., announced today that Gary
C. Loraditch will be the next President of BCSB Bankcorp, Inc.
and its operating subsidiary, Baltimore County Savings Bank,
F.S.B. effective January 1, 1999.  He will succeed Michael J.
Dietz, who has previously announced that his retirement would be
effective at that time.

     Gary C. Loraditch has been with the Bank for 24 years
serving in various capacities.  Currently, he is a Vice
President, Chief Financial Officer and a member of the Board of
Directors of the Bankcorp and its subsidiary Bank.  Mr.
Loraditch received his secondary education at the John Carroll
School in Bel Air.  He received his BS degree in Accounting from
the University of Baltimore and later graduated from their
School of Law.  Mr. Loraditch is a Certified Public Accountant
and an Attorney at Law.

     Mr. Loraditch was born and raised in the Perry Hall area
of Baltimore County and currently resides with his wife and four
children in Harford County.

     Upon his selection, Mr. Loraditch stated, "I am looking
forward to the challenge of being CEO for the Bank and
appreciate the confidence and trust placed in me by the Board of
Directors.  I hope to maintain the Bank's steady growth and look
forward to continuing the modernization of the Bank's branch
network in our market area".

     Baltimore County Savings Bank is a $270 million financial
institution with five offices located in Baltimore and Harford
Counties.  It completed a successful conversion to the mutual
holding company form of organization which raised approximately
$22 million in capital in July 1998.  Also, the Bank recently
announced that it will be expanding its Harford County presence
with the addition of three offices to be located in Abingdon,
Forest Hill and Hickory.  


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