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)
April 9, 1998
PERMANENT BANCORP, INC.
(Exact name of Registrant as specified in its Charter)
Delaware 0-23370 35-1908797
(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification
incorporation) Number)
101 Southeast Third Street, Evansville, Indiana 47708
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(812)428-6800
N/A
(Former name or former address, if changed since last report)
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Item 5. Other Events
On April 9, 1998, Permanent Bancorp, Inc. issued the press
release attached hereto as Exhibit 99 announcing the naming of
Daniel L. Schenk to its Board of Directors.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(c) Exhibits
Exhibit 99 Press Release
<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.
PERMANENT BANCORP, INC.
Date: April 9, 1998 By: /s/ Donald P. Weinzapfel
Donald P. Weinzapfel
Chairman of the Board,
President and Chief
Executive Officer
Exhibit 99
<PAGE>
NEWS RELEASE
Donald P. Weinzapfel
Chairman of the Board, FOR IMMEDIATE RELEASE
President & Chief April 9, 1998
Executive Officer
Permanent Bancorp, Inc. FOR FURTHER INFORMATION
101 S.E. Third Street Murray J. Brown
Evansville, IN 47708 Executive Vice President
812-428-6800 812/428-6805
PERMANENT BANCORP, INC. NAMES NEW DIRECTOR
(April 9, 1998) -- Permanent Bancorp, Inc. (NASDAQ: "PERM"),
parent of Permanent Federal Savings Bank, Evansville, Indiana,
today announced that Daniel L. Schenk has been named to its
Board of Directors. Mr. Schenk is Chancellor of IVY Tech State
College, Evansville Region and resides in Evansville.
Permanent Bancorp, Inc. is the holding company for Permanent
Federal Savings Bank. Permanent Federal, founded in 1885, serves
the financial needs of families and local businesses in its
primary market areas through its main office located at 101 S.E.
Third Street, Evansville, Indiana and 10 Branch Offices: six in
Evansville, and one each in the cities of Newburgh, Jasper,
Fort Branch, and Oakland City, Indiana. Its deposits are insured
up to applicable limits by the Federal Deposit Insurance
Corporation.
Permanent Bancorp, Inc., at December 31, 1997, had assets of
$420 million and deposits of $237 million.
