MLF BANCORP INC
8-K, 1996-08-21
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



                                AUGUST 20, 1996
                      (Date of earliest event reported)


                                ML Bancorp, Inc.
            (Exact name of registrant as specified in its charter)


PENNSYLVANIA                       0-24358                     23-2752439
(State or other           (Commission File Number)            (IRS Employer
jurisdiction of                                            Identification No.)
incorporation)


TWO  ALDWYN  CENTER,  VILLANOVA, PENNSYLVANIA                     19085   
(Address  of  principal                                         (Zip Code)
executive offices)                                              

                                
                                (610) 526-6270
             (Registrant's telephone number, including area code)


                               MLF BANCORP, INC.
  (Former name, former address and former fiscal year, if  changed since last
                                   report)





                              Page 1 of 4 Pages.
                       Exhibit Index appears on page 2.
<PAGE>
ITEM 5.   OTHER EVENTS


     On August 20, 1996, MLF Bancorp, Inc. (the "Company" or the "Registrant")  
announced that it will change its name to ML Bancorp, Inc., effective August 
21, 1996.  A copy of the Press Release, dated August 20, 1996, is attached 
hereto as Exhibit 99 and is incorporated herein by reference.

ITEM 7.   FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS

     (a)  Not Applicable.

     (b)  Not Applicable.

     (c)  Exhibits:

           99  Press Release, dated August 20, 1996
<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.

                                       ML BANCORP, INC.



Date:  August 20, 1996                 By:  /S/BRIAN M. HARTLINE
                                            Brian M. Hartline
                                            Chief Financial Officer and  
                                             Senior Vice President


                       [LETTERHEAD OF ML BANCORP, INC.]


                                 PRESS RELEASE

FOR IMMEDIATE RELEASE                              CONTACT:  Brian M. Hartline
August 20, 1996                                              ML Bancorp, Inc.
                                                             (610) 526-6270


                    MLF BANCORP CHANGES NAME TO ML BANCORP

                UPDATE REFLECTS NEW IDENTITY OF MAIN LINE BANK


     VILLANOVA, Pa.--MLF Bancorp, Inc., parent company of Main Line Bank, 
today announced that stockholders approved management's recommendation to 
change the company name to ML Bancorp, Inc.  Effective tomorrow, the new 
NASDAQ ticker symbol for the company's common stock will be MLBC.

     The change was made to enable the public to better associate the 
company's name with that of its principal subsidiary, Main Line Bank (formerly 
known as Main Line Federal Savings Bank) which changed its name in May to more
accurately reflect the wide range of financial services offered by the Bank.

     In July, ML Bancorp announced its best quarterly earnings to date and the
company's board of directors declared a two-for-one stock split effective
September 6, 1996.

     ML Bancorp is the holding company for Main Line Bank of Villanova, Pa.
The bank has $1.9 billion in assets and operates 18 business centers in
Chester, Delaware and Montgomery counties, and nine mortgage loan production
offices in Pennsylvania, southern New Jersey and northern Delaware.

                                      ###

ML Bancorp, Inc. press releases are available via the internet at
http://www/prnewswire.com/



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