AMB FINANCIAL CORP
8-K, 1996-09-05
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)
                           September 4, 1996




                      AMB FINANCIAL CORP.                        
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      (Exact name of Registrant as specified in its charter)



    Delaware                0 - 23182               35-1905382
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 (State or other       (Commission File No.)       (IRS Employer
 jurisdiction of                                  Identification
 incorporation)                                         No.)



 8230 Hohman Avenue, Munster, Indiana                    46321
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  (Address of principal executive offices)           (Zip Code)



Registrant's telephone number, including area code (219) 836-5870
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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
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     On September 4, 1996, AMB Financial Corp. ("AMB") issued the
attached press release announcing the payment of a cash dividend.

Item 7.  Financial Statements, Pro Forma Financial Information
         and Exhibits                                         
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    (c)   Exhibits:






     Exhibit 99 -   Press release dated September 4, 1996

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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 hereunto duly authorized.


                              AMB FINANCIAL CORP.



Date: September 4, 1996        By: /s/ Clement B. Knapp, Jr.
      -----------------            ------------------------------
                                        Clement B. Knapp, Jr.
                                   President and Chief Executive
                                             Officer


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FOR MORE INFORMATION                              FOR IMMEDIATE
RELEASE
Contact:  Clement B. Knapp, Jr.
          President
          (219) 836-5870

Date:          September 4, 1996



                       AMB FINANCIAL CORP.
                      DECLARES CASH DIVIDEND




     MUNSTER, INDIANA -- AMB Financial Corp., parent corporation of American
Savings, FSB has announced that the Corporation will pay a cash dividend of
$0.06 per share.  The dividend will be payable on September 30, 1996 to
shareholders of record on September 16, 1996.

     AMB Financial Corp. acquired all of the shares of American Savings,
FSB, upon its conversion from a mutual to stock savings bank effective
March 29, 1996.

     Through its four retail offices, American Savings FSB, serves Lake
County, Indiana.  At July 31, 1996, American Savings exceeded all applicable
regulatory capital requirements.

     The Corporation had $81.9 million in assets and $16.2 million in
stockholders' equity as of July 31, 1996.



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