ST FRANCIS CAPITAL CORP
4, 1998-08-04
SAVINGS INSTITUTION, FEDERALLY CHARTERED
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<S>                                                                                                       <C>
 FORM 4                                                                                                         OMB Approval
                                             U.S.  SECURITIES AND EXCHANGE COMMISSION                     -------------------------
[ ] Check this box if no longer                     WASHINGTON D.C. 20549                                 OMB Number 3235-0287   
    subject to Section 16. Form                                                                           Expires: September 30,1998
    4 or Form 5 obligations may            STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP                   Estimated average burden
    continue. See Instruction 1(b).                                                                       hours per response  05 

          Filed pursuant to Section 16(a) of the Securities and Exchange Act of 1934, Section 17(a) of the Public Utility
                        Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
(Print or Type Responses)
- ------------------------------------------------------------------------------------------------------------------------------------
1.Name and Address of Reporting Person*|   2. Issuer Name and Ticker or Trading Symbol     |   6. Relationship of Reporting Persons
                                       |                                                   |      to Issuer (Check all applicables
  Perz    Thomas         R.            | St. Francis Capital Corporation ("STFR")          |     __X__ Directory  _____ 10% Owner
- -------------------------------------------------------------------------------------------|     __X _ Officer (give title below)  
(Last)        (First)       (Middle)   |  3. IRS or Social       |  4. Statement for       |     _____ Other (specify below)
                                       |     Security Number     |     Month/Year          |
13400 Bishops Lane, #350               |     of Reporting        | July 1998               |      President and CEO       
- ---------------------------------------|     Person (Voluntary)  |-------------------------|7. Individual or Joint/Group Filing
               (Street)                |                         |  5. If Amendment,       |if applicable
                                       |                         |     Date of Original    | X   Form filed by One Reporting Person
Brookfield   WI   53005-6203           |                         |     (Month/Year)        | __  Form filed by More than One Person
- ------------------------------------------------------------------------------------------------------------------------------------
(City)          (State)          (Zip) |      Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
- ------------------------------------------------------------------------------------------------------------------------------------
1. Title of Security                   | 2. Transaction| 3. Transaction| 4. Securities Acquired(A)| 5. Amount of|6. Owner |7. Nature
   (Instr. 3)                          |   Date        |   Code        |   or Disposed of (D)     | Securities  |   -ship | of 
                                       | (Month/Day/   |   (Instr. 8)  |   (Instr. 3, 4 and 5)    | Beneficially| Form:   | Indirect
                                       |   Year)       |               |                          | Owned at End| Direct  | Bene-
                                       |               | --------------|--------------------------| of Month    | (D) or  | ficial
                                       |               |       |       | Amount | (A)  |  Price   | (Instr. 3   | Indirect| Owner-
                                       |               |  Code | V     |        |  or  |          |   and 4)    | (I)     | ship
                                       |               |       |       |        | (D)  |          |             |(Instr.4)|(Instr.4)
- ---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|---------
Common Stock                           | 7/29/98       |  P    |       |15,000  |  A   | $41.00   |             |   D     |
- ---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|---------
                                       |               |       |       |        |      |          | 114,279.3021|         |
- ---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|---------
                                       |               |       |       |        |      |          |             |         |
- ---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|---------
                                       |               |       |       |        |      |          |             |         |
- ---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|---------
                                       |               |       |       |        |      |          |             |         |
- ---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|---------
                                       |               |       |       |        |      |          |             |         |
- ---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|---------
                                       |               |       |       |        |      |          |             |         |
- ---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|---------
                                       |               |       |       |        |      |          |             |         |
- ---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|---------
                                       |               |       |       |        |      |          |             |         |
- ------------------------------------------------------------------------------------------------------------------------------------
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

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FORM 4 (CONTINUED)        TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
                                  (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
- ------------------------------------------------------------------------------------------------------------------------------------
1. Title of Derivative  | 2. Conver-  |3. Trans- |4. Trans-   |5. Number of      |6.  Date Exer-  |7. Title and Amount |8. Price    
   Security             |    sion or  |   action |   action   |   Derivative     |    cisable and |   of Underlying    |   of       
   (Instr. 3)           |    Exercise |   Date   |   Code     |   Securities Ac- |    Expiration  |   Securities       |   Deriv-   
                        |    Price of |   (Month/|  (Instr. 8)|   quired (A) or  |    Date        |   (Instr. 3 and 4) |   ative    
                        |    Deriv-   |   Day/   |            |   Disposed of (D)|    (Month/Day/ |                    |   Secur-   
                        |    ative    |   Year)  |            |   (Instr. 3, 4,  |    Year)       |                    |   ity      
                        |    Security |          |            |   and 5)         |                |                    |  (Instr. 5)
                        |             |          |            |                  |-------------------------------------|          
                        |             |          |            |                  |Date   |Expira- |        | Amount or |          
                        |             |          |-------------------------------|Exer-  |tion    |  Title | Number of |          
                        |             |          |  Code |V   | (A)    |(D)      |cisable|Date    |        | Shares    |          
<S>                     |    <C>      |   <C>    | <C>   |    | <C>    | <C>     | <C>   |<C>     |  <C>   | <C>       |   <C>
- ------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
                        |             |          |       |    |        |         |       |        |        |           |
- ------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
                        |             |          |       |    |        |         |       |        |        |           |
- ------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
                        |             |          |       |    |        |         |       |        |        |           |
- ------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
                        |             |          |       |    |        |         |       |        |        |           |
- ------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
                        |             |          |       |    |        |         |       |        |        |           |
- ------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
                        |             |          |       |    |        |         |       |        |        |           |
- ------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
                        |             |          |       |    |        |         |       |        |        |           |
- ------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
9. Number of      |    10. Ownership       |       11. Nature of                              
   Derivative     |        Form of         |           Indirect                     
   Securities     |        Derivative      |           Beneficial                   
   Beneficially   |        Security:       |           Ownership                    
   Owned at End   |        Direct (D)      |           (Instr. 4)                   
   of Month       |        or Indirect (I) |                                        
   (Instr. 4)     |        (Instr. 4)      |                                        
<S>               |    <C>                 |       <C>                              
- ------------------|------------------------|------------------------------
                  |                        |
- ------------------|------------------------|------------------------------
                  |                        |
- ------------------|------------------------|------------------------------
                  |                        |
- ------------------|------------------------|------------------------------
                  |                        |
- ------------------|------------------------|------------------------------
                  |                        |
- ------------------|------------------------|------------------------------
                  |                        |
- --------------------------------------------------------------------------
Explanation of Responses:
 
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations.    /s/ Thomas R. Perz              8-3-98
  See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).                                                  ------------------------------- -------
                                                                                             **Signature of Reporting Person   Date
                                         

Note. File three copies of this Form, one of which must be manually signed.                                               Page 2   
  If space is insufficient, see Instruction 6 for procedure.                                                         SEC 1474 (7/96)

Potential persons who are to respond to the collection of information contained in this 
form are not required to respond unless the form displays a currently valid OMB Number.
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