SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Act of 1934
Date of Report (Date of earliest event reported) May 28,1997
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FIRSTFED BANCSHARES, INC.
.................(to be known as CoVest Bancshares, Inc.)
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(Exact name of registrant as specified in its charter)
DELAWARE 0-20160 36-3820609
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(State or other (Commission (I.R.S. Employer
jurisdiction File Number) Identification No.)
of incorporation)
749 Lee Street, Des Plaines, Illinois 60016
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (847) 294-6500
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Item 5. Other Events
On Wednesday, May 28, 1997, the Company issued a press release pertaining to
a regular quarterly dividend. The text of the press release is attached
hereto as Exhibit 99.1.
A copy of the press release announcing the above, dated May 28, 1997,
is attached hereto as Exhibit 99.1.
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.
Dated: May 28, 1997
FIRSTFED BANCSHARES, INC.
By: /s/ Larry G. Gillie
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Name: Larry G. Gillie
Title: President &
Chief Executive Officer
By: /s/ Paul A. Larsen
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Name: Paul A. Larsen
Title: Senior Vice President &
Chief Financial Officer
EXHIBIT 99.1
DES PLAINES, Il, May 28, 1997 -- FirstFed Bancshares, Inc.
(NASDAQ: FFDP) the holding company for First Federal Bank of
Des Plaines, Illinois, announced today that the Company's
Board of Directors has declared a $.10 per share regular quarterly
dividend. This dividend, which is the tenth consecutive regular
quarterly dividend, will be payable on June 30, 1997 to holders
of record on June 13, 1997.
As of March 31, 1997, FirstFed Bancshares had
consolidated assets of $552.6 million. The Bank operates
three full-service offices in Arlington Heights, Des Plaines
and Schaumburg.
