UNITED STATES
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: September 24, 1998
(Date of earliest event reported): (September 1, 1998)
MEGABANK FINANCIAL CORPORATION
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(Exact name of registrant as specified in its charter)
Colorado 001-13819 84-0949755
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(State of other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
8100 E. Arapahoe Road, Suite 214 Englewood, CO 80112
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number: (303) 740-2265
Item 5. Other Events
On September 1, 1998, the Registrant changed its status to a unitary thrift
holding company within the meaning of the Home Owners' Loan Act of 1933, as
amended ("HOLA"). The Registrant is registered with the Office of Thrift
Supervision ("OTS") and is subject to OTS regulations, examinations, super-
vision and reporting requirements. Also, on September 1, 1998, the
Registrant's subsidiary bank, MegaBank, (formerly MegaBank of Arapahoe)
converted its charter from a Colorado state-chartered commercial bank to a
federal savings bank, and is also subject to OTS regulations, examinations,
supervision and reporting requirements.
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 duly authorized.
MEGABANK FINANCIAL CORPORATION
/s/ Thomas R. Kowalski
Thomas R. Kowalski, Chairman
Dated: September 24, 1998
