TRI COUNTY BANCORP INC
8-K, 1999-03-11
SAVINGS INSTITUTION, FEDERALLY CHARTERED
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                       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): March 8, 1999


                            Tri-County Bancorp, Inc.
             (Exact name of Registrant as specified in its Charter)


          Wyoming                       0-22220              83-304855
State or other jurisdiction of       (SEC File No.)        (IRS Employer
  incorporation)                                          Identification
                                                                 Number)


  2201 Main Street, Torrington, Wyoming                      82240  
(Address of principal executive offices)                    (Zip Code)


Registrant's telephone number, including area code:         (307) 532-2111    


                                  N/A                                 
          Former name or former address, if changed since last Report)


<PAGE>


                            Tri-County Bancorp, Inc.

                      INFORMATION TO BE INCLUDED IN REPORT


Item 5.  Other Events

      The Registrant announced that its Board of Directors has approved the plan
of its subsidiary,  Tri-County  Federal Savings Bank, to open a branch office in
Cheyenne, Wyoming.

      For further details, reference is made to the Press Release dated March 8,
1999,  which is attached  hereto as Exhibit 28 and  incorporated  herein by this
reference.

Item 7.  Financial Statement, Pro Forma financial Information and Exhibits

Exhibit 28 - Press Release dated March 8, 1999.


<PAGE>


                                   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, thereunto duly authorized.


                             Tri-County Bancorp Inc.


Date: March 10, 1999          By:  /s/ Robert L. Savage
     -------------------               President and Chief Executive Officer




PRESS RELEASE                                   March 8, 1999

For more information contact:
Robert L. Savage, President
Tri-County Federal Savings Bank
2201 Main Street, P.O. Box 1057
Torrington, WY 82240
(307) 532-2111

                         TRI-COUNTY FEDERAL SAVINGS BANK
                       TO OPEN BRANCH IN CHEYENNE, WYOMING

Torrington,  Wyoming -- Tri-County  Bancorp,  Inc.,  (the "Company") the holding
company of Tri-County  Federal  Savings Bank (the "Bank"),  announced today that
the Bank has filed a notice  with the  Office of Thrift  Supervision  ("OTS") to
establish  a branch  office in  Cheyenne,  Wyoming.  The branch  office  will be
located in the  vicinity of the  intersection  of Hynds  Boulevard  and Vandehei
Avenue. It is expected that the branch will open in late summer of this year.

The Bank currently provides retail and commercial banking services from its main
office located in Torrington, Wyoming and a branch office in Wheatland, Wyoming.
Robert L. Savage,  President of Tri-County  Federal  Savings Bank,  believes the
Cheyenne  branch will  provide  superior  banking  services  for  residents  and
businesses located in northwest Cheyenne. Additionally, the Cheyenne branch will
benefit current customers by expanding the Bank's service area.

Tri-County  Federal  Savings  Bank,  the wholly owned  subsidiary  of Tri-County
Bancorp,  Inc., is a  community-oriented  bank offering  traditional deposit and
loan products.  Since being founded in 1935, the Bank has focused on serving its
customers located  primarily in and around Goshen and Platte Counties,  Wyoming.
The  Company's  common  stock is  traded in the  over-the-counter  market on the
Nasdaq "Small-Cap" System under the symbol "TRIC."



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