SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): January 1, 1999
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OCONEE FINANCIAL CORPORATION
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(Exact name of Registrant as Specified in its Charter)
Georgia
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(State or Other Jurisdiction of Incorporation)
(applied for)
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(Commission File Number) (I.R.S. Employer Identification Number)
35 North Main Street,
Watkinsville, Georgia 30677-0205
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (706) 769-6611
Not Applicable
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(Former name or former address, if changed since last report)
<PAGE>
Item 5. Other Events.
On August 28, 1998, Oconee State Bank (the "Bank"), the
Registrant and its wholly-owned subsidiary, Oconee Interim
Corporation, entered into an Agreement and Plan of Merger pursuant to
which the Bank would be reorganized as a wholly-owned subsidiary of
the Registrant (the "Reorganization"). The shareholders of the Bank
approved the Reorganization on December 15, 1998, and the
Reorganization was effective on January 1, 1999.
This Current Report on Form 8-K is filed pursuant to Rule 12g-
3(f) of the Securities Exchange Act of 1934, as amended (the "Act").
Under Rule 12g-3(a), the Registrant is a "successor issuer" to the
Bank, which previously filed periodic reports under the Act with the
Federal Deposit Insurance Corporation. As the Bank's securities are
registered under Section 12(b) of the Act, the securities of the
Registrant are now deemed registered under that section, and the
Registrant is required to file periodic reports under the Act with the
Securities and Exchange Commission.
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 hereunto duly authorized.
OCONEE FINANCIAL CORPORATION
By: /s/ B. Amrey Harden
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Name: B. Amrey Harden
Title: President
January 13, 1999
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Date
