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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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): June 3, 1997
FIRSTFEDERAL FINANCIAL SERVICES CORP
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(Exact name of registrant as specified in its charter)
Ohio 0-17894 34-1622711
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(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification
incorporation) No.)
135 East Liberty Street, Wooster, Ohio 44691
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (330) 264-8001
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N/A
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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 June 3, 1997, FirstFederal Financial Services Corp ("FirstFederal")
issued the press release included as Exhibit 99 to this report and incorporated
by reference herein, announcing that the Company has received approval from the
Federal Reserve Bank of Cleveland to become a bank holding company. FirstFederal
expects to begin operating as a bank holding company in July.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
99 Text of press release, dated June 3, 1997, issued by
FirstFederal Financial Services Corp
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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 hereunto duly authorized.
FIRSTFEDERAL FINANCIAL SERVICES CORP
By: /s/ Gary G. Clark
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Gary G. Clark
Chairman and CEO
Date: June 3, 1997
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INDEX TO EXHIBITS
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<CAPTION>
Sequentially
Numbered Page
Where Attached
Exhibit is Located
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99 Press Release of FirstFederal, dated June 3, 1997 5
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EXHIBIT 99
[FIRST FEDERAL FINANCIAL SERVICES CORP LETTERHEAD]
N E W S R E L E A S E
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Gary G. Clark, Chairman & CEO FOR IMMEDIATE RELEASE
FirstFederal Financial Services Corp ---------------------
135 East Liberty Street June 3, 1997
Wooster, OH 44691 ------------
Phone: (330) 264-8001
FirstFederal Financial Services Corp
Receives Approval From
Federal Reserve Bank
Wooster, Ohio - - FirstFederal Financial Services Corp
(NASDAQ-FFSW,FFSWP) today announced that it has received approval from the
Federal Reserve Bank of Cleveland to become a bank holding company.
FirstFederal Chairman and Chief Executive Officer Gary G. Clark stated
"We are very pleased by the approval along with the prior approval from the
Office of the Comptroller of the Currency to convert First Federal Savings and
Loan to a national bank charter. This is a major step in the Company's strategic
plan to diversify its assets," said Clark. FirstFederal expects to begin
operating as a bank holding company in July.
FirstFederal Financial Services Corp is the holding company for two
financial services companies: Mobile Consultants, Inc., a broker and servicer of
manufactured housing finance contracts and First Federal Savings and Loan
Association of Wooster with 20 banking offices in the north central Ohio
counties of Wayne, Ashland, Medina, Richland and Knox.
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