Form 4
1. Hough, William R.
One Beach Drive S.E. #1002
St. Petersburg, FL 33701
2. Federal Trust Corporation
3. ###-##-####
4. 06/98
5.
6. Other
Less than 10%
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Common Stock
2. 06/01/98
3. Code 5
4. 3,000 (amount), D, 4.5625 (price)
5. 247,641 6. I 7. by Corporation (WRH Mortgage, Inc.)
244,600 I by Corporation (William R. Hough & Co.)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
/s/ William R. Hough 7/1/98