SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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)
December 23, 1999
WESTERFED FINANCIAL CORPORATION
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(Exact name of Registrant as specified in its Charter)
Delaware 0-22772 81-0487794
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(State or other (Commission File No.) (IRS Employer
jurisdiction of Identification
incorporation) Number)
110 East Broadway, Missoula, Montana 59802
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (406) 721-5254
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N/A
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(Former name or former address, if changed since last report)
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Item 5. OTHER EVENTS
On December 23, 1999 the Registrant issued the press release
attached as Exhibit 99.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Exhibits
99 Press release, dated December 23, 1999
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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.
WesterFed Financial Corporation
Date: December 23, 1999 By: /s/ Ralph K. Holliday
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Ralph K. Holliday
President/Chief Executive Officer
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EXHIBIT 99
WESTERFED FINANCIAL CORPORATION ANNOUNCES
INCREASED QUARTERLY DIVIDEND
Missoula, Montana -- December 23, 1999 -- WesterFed Financial Corporation
(the "Company") (NASDAQ - WSTR), the holding company for Western Security Bank
(the "Bank"), announced it will pay a regular cash dividend of $0.160 per share
for the quarter ended December 31, 1999. The $0.160 per share will be payable on
January 20, 2000 to stockholders of record on January 6, 2000. The regular
quarterly cash dividend of $0.160 represents an increase of 3.2% over the prior
quarter's regular cash dividend of $0.155 per share. The Company has increased
regular cash dividends every quarter since becoming a public company.
WesterFed Financial Corporation's only subsidiary, Western Security Bank,
which is Montana's largest savings bank, operates thirty four offices in twenty
Montana communities.
CONTACT: James A. Salisbury, EVP/Treasurer/CFO
(406) 721-5254
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