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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)
July 29, 1998
OTTAWA FINANCIAL CORPORATION
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(Exact name of Registrant as specified in its Charter)
Delaware 0-24118 38-3172166
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(State or other (Commission (IRS Employer
jurisdiction of File No.) Identification
incorporation) Number)
245 Central Avenue, Holland, Michigan 49423
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (616) 393-7000
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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 July 29, 1998, the Registrant issued the attached press release
announcing the declaration of a 10% stock dividend payable on August 31, 1998 to
shareholders of record on August 12, 1998.
The foregoing information does not purport to be complete and is qualified
in its entirety by reference to the Exhibit to this Report.
Item 7. Financial Statements, Pro Forma Financial Information
and Exhibits
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(c) Exhibit:
Exhibit 99 - Press Release dated July 29, 1998.
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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.
OTTAWA FINANCIAL CORPORATION
Date: August 4, 1998 By: /s/ Jon W. Swets
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Jon W. Swets
Chief Financial Officer
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EXHIBIT INDEX
Exhibit No. Description
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99 Press Release dated July 29, 1998
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OTTAWA FINANCIAL CORPORATION 245 Central Avenue, Holland, MI 49423-
3298/(616)393-7000
[OTTAWA LOGO]
FOR IMMEDIATE RELEASE
July 29, 1998
CONTACT: Douglas J. Iverson, EVP & COO
(616) 393-7002
Jon W. Swets, VP & Treasurer
(616) 393-7115
OTTAWA FINANCIAL CORPORATION
DECLARES STOCK DIVIDEND
HOLLAND, MICHIGAN, July 29, 1998 -- Ottawa Financial Corporation, parent
corporation of AmeriBank, Holland, Michigan, declared a 10 percent stock
dividend payable on August 31, 1998, to shareholders of record on
August 12, 1998. This is the second stock dividend declared by the Corporation.
Shareholders will receive one share of common stock for each ten shares of stock
they hold on the record date. Management does not anticipate reducing the
quarterly cash dividend.
The Corporation had $919.9 million in assets and $75.7 million in stockholders'
equity as of June 30, 1998. The Corporation's stock is traded on the Nasdaq
National Market under the symbol "OFCP".
