CENFED FINANCIAL CORP
NT 11-K, 1996-07-01
SAVINGS INSTITUTION, FEDERALLY CHARTERED
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<PAGE>   1




                       SECURITIES AND EXCHANGE COMMISSION

                            WASHINGTON, D.C.   20549


                       __________________________________

                                  FORM 12B-25

                       __________________________________


                          NOTIFICATION OF LATE FILING


                         Commission File Number 0-19491


[ ]  Form 10-K and Form 10-KSB     [x]  Form 11-K    [ ]  Form 20-F
[ ]  Form 10-Q and Form 10-QSB     [ ]  Form N-SAR

         For period ended   December 31, 1995


         [ ] Transition Report on Form 10-K and Form 10-KSB
         [ ] Transition Report on Form 20-F
         [ ] Transition Report on Form 11-K
         [ ] Transition Report on Form 10-Q and Form 10-QSB
         [ ] Transition Report on form N-SAR

         For the transition period ended 
                                         -----------------------------------

PART 1.  REGISTRANT INFORMATION

Full name of registrant   CenFed Bank 401(k) Plan
                          --------------------------------------------------
Former name (if applicable)

                             199 North Lake Avenue
- -----------------------------------------------------------------------------
                     Address of principal executive office


                          Pasadena, California   91109
- -----------------------------------------------------------------------------
                            City, State and Zip Code
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PART II.  RULE 12B-25(B) AND (C)

         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 appropriate box.)

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

[x]      (b) The subject annual report, semi-annual report, transition report
on Forms 10-K, 10-KSB, 20-F, 11-K or Form N-SAR, or portion thereof will be
filed on or before the 15th calendar day following the prescribed due date; or
the subject quarterly report or transition report on Form 10-Q, 10-QSB, 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
12b-25(c) has been attached if applicable.

PART III.  NARRATIVE

         The Registrant's financial statements require auditor's opinions and
consents from its current accountants, KPMG Peat Marwick LLP, and its
predecessor accountants, Deloitte and Touche LLP.  The auditor's opinion and
consent from KPMG Peat Marwick LLP were available as of the filing deadline.
However, due to scheduling conflicts, Deloitte and Touche LLP was unable to
complete its review process prior to the filing deadline.

PART IV.  OTHER INFORMATION

         (1) Name and telephone number of person to contact in regard to this
             notification:
<TABLE>
               <S>                           <C>                     <C>
               Steven P. Neiffer                 818                     585-2440
- ---------------------------------------------------------------------------------------
                  (Name)                      (Area Code)            (Telephone Number)
</TABLE>

         (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?
                                                 [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
<PAGE>   3
                            CenFed Bank 401(k) Plan
- ----------------------------------------------------------------------------
                  (Name of Registrant as Specified in Charter)


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

<TABLE>
<S>                               <C>
Date June 27, 1996                By /s/ Steven P. Neiffer                                                                     
     -------------                  ------------------------------------------
                                  Steven P. Neiffer
                                  Member of CenFed Bank 401(k) Plan Administrative Committee
</TABLE>


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