REPUBLIC LEASING INC /WA/
NTN 10K, 1998-07-08
MISCELLANEOUS BUSINESS CREDIT INSTITUTION
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U.S. SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C.  20549


FORM 12b-25

NOTIFICATION OF LATE FILING

(Check One):
[x] Form 10-K  [  ] Form 20-F  [  ] Form 11-K  [  ] Form 10-Q  [  ] Form N-SAR

For Period Ended:  March 31, 1997

[  ] Transition Report on Form 10-K
[  ] Transition Report on Form 20-F
[  ] Transition Report on Form 11-K
[  ] Transition Report on Form 10-Q
[  ] Transition Report on Form N-SAR
For the Transition Period Ended:  ........................
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  Read Attached Instruction Sheet Before Preparing Form. Please Print or Type.
  Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
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     If the notification relates to a portion of the filing checked above, 
identify the Item(s) to which the notification relates:.......................
 ..............................................................................
 ..............................................................................
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Part 1 -- Registrant Information
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 Full Name of Registrant Westar Financial Services Incorporated 
     File No.  2-95465-S 

     Former Name if Applicable
                                                                          
     Address of Principal Executive Office (Street and Number)
                505 E. Union Street, Suite 300, Olympia, Washington  98501
                City, State and Zip Code
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Part II -- Rules 12b-25 (b) and (c)
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If the subject report could not be filed without unreasonable effort or 
expense and the registrant seeks relief pursuant to Rule 12b-25(b), 
the following should be completed.  (Check box if appropriate)

     (a)  The reasons described in reasonable detail in Part III of this form 
could not be eliminated without unreasonable effort or expense;

     (b)  The subject annual report, semi-annual report, transition report on
Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof will be filed on
or before the fifteenth calendar day following the prescribed due date; or the
subject quarterly report or transition report on Form 10-Q, or portion thereof
will be filed on or before the fifth calendar day following the prescribed due
date; and

     (c)  The accountant's statement or other exhibit required by Rule 12(b)-
25(c) has been attached if applicable.


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Part III -- Narrative
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State below in reasonable detail the reasons why Form 10-K, 20-F, 11-K, 10-Q, 
N-SAR, or the transition report or portion thereof could not be filed within 
the prescribed period (Attach Extra Sheets if Needed).

     The Company changed independent auditors on May 18, 1998.  The Company's 
new independent auditors, KPMG Peat Marwick, LLP, has raised questions which 
are being resolved.  The Company expects these questions to be resolved timely
and the Company's Annual Report on Form 10-K will be filed  within the fifteen 
day extension period.
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Part IV -- Other Information
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     (1)  Name and telephone number of person to contact in regard to this 
notification
         Thomas M. Foley,V.P.Finance........(360).......754-6227.........
         ---------------------------       ----------  ------------------
             (Name)                        (Area Code) (Telephone Number)

     (2)  Have all other periodic reports required under section 13 or 15(d) 
of the Securities Exchange Act of 1934 or section 30 of the Investment Company
Act of 1940 during the preceding 12 months or for such shorter period that the
registrant was required to file such report(s) been filed?  If the answer is 
no, identify report(s).
[x] Yes     [  ] No

     (3)  Is it anticipated that any significant change in results of 
operations from the corresponding period for the last fiscal year will be 
reflected by the earnings statements to be included in the subject report or 
portion thereof?
[  ] Yes     [x] No

     If so:  attach an explanation of the anticipated change, both narratively
and quantitatively, and, if appropriate, state the reasons why a reasonable 
estimate of the results cannot be made.

 ............  ..Westar Financial Services Incorporated.................
(Name of Registrant as specified in charter)

has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.

Date  June 30, 1998.                   By.........................
                                       Thomas M. Foley, V.P. Finance

INSTRUCTION:  The form may be signed by an executive officer of the registrant
or by any other duly authorized representative.  The name and title of the 
person signing the form shall be typed or printed beneath the signature.  If 
the statement is signed on behalf of the registrant by an authorized 
representative (other than an executive officer), evidence of the 
representative's authority to sign on behalf of the registrant shall be filed 
with the form.
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ATTENTION

     Intentional misstatements or omissions of fact constitute Federal 
Criminal Violations (See 18 U.S.C. 1001)
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GENERAL INSTRUCTIONS

     1.  This form is required by Rule 12b-25 of the General Rules and 
Regulations under the Securities Exchange Act of 1934.

     2.  One signed original and four conformed copies of this form and 
amendments thereto must be completed and filed with the Securities and 
Exchange Commission, Washington, D.C. 20549, in accordance with Rule 0-3 of 
the General Rules and Regulations under the Act.  The information contained in
or filed with the Form will be made a matter of the public record in the 
Commission files.

     3.  A manually signed copy of the form and amendments thereto shall be 
filed with each national securities exchange on which any class of securities 
of the registrant is registered.

     4.  Amendments to the notifications must also be filed on Form 12b-25 but
need not restate information that has been correctly furnished.  The form 
shall be clearly identified as an amended notification.



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