FIRSTFED BANCORP INC
8-K, 1998-04-27
SAVINGS INSTITUTION, FEDERALLY CHARTERED
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<PAGE>
 
                      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 (Date of earliest event reported): April 21, 1998
                                                  --------------

                            FIRSTFED BANCORP, INC.
- --------------------------------------------------------------------------------
            (Exact name of registrant as specified in its charter)


          Delaware                  0-19609                63-1048648
- --------------------------        -----------           -------------------
(State of other jurisdiction      (Commission            (I.R.S. employer
      of incorporation            file number)          identification no.)
 
1630 4th Avenue North, Bessemer, Alabama                       35020   
- -------------------------------------------------------------------------------
(Address of principal executive offices)                    (zip code) 


Registrants telephone number, including area code:  (205) 428-8472
                                                   ---------------

                                Not Applicable
- -------------------------------------------------------------------------------
         (Former name of former address, if changed since last report)
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ITEM 8.  CHANGE IN FISCAL YEAR
- ------------------------------

     On April 21, 1998, the Registrant determined to change its fiscal year-end
from March 31, which was the fiscal year used in its most recent filing with the
Commission, to December 31.  The report covering the nine-month transition
period ending December 31, 1998, will be filed with the Commission on Form 10-K.
<PAGE>
 
                                  SIGNATURES



     Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Current Report on Form 8-K to be signed on its
behalf by the undersigned, thereto duly authorized.



                                             FIRSTFED BANCORP, INC.



DATE:  April 24, 1998                        BY:  /s/ B. K. Goodwin, III
                                                  ----------------------
                                                  B. K. Goodwin, III
                                                  Chairman of the
                                                  Board, Chief Executive
                                                  Officer and President


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