JEFFERSON BANCORP INC /LA/
8-K, 1996-09-19
SAVINGS INSTITUTION, FEDERALLY CHARTERED
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                                UNITED STATES
                     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



                             September 12, 1996
                      (Date of earliest event reported)




                           JEFFERSON BANCORP, INC.
           (Exact name of Registrant as specified in its charter)



LOUISIANA                          0-24618                        72-1264411
(State or other                  (Commission                    (IRS Employer
jurisdiction of                  File Number)                       ID No.)
incorporation)



1011 FOURTH STREET, GRETNA, LOUISIANA                               70053
(Address of principal executive offices)                         (Zip Code)



                               (504) 368-1011
            (Registrant's telephone number, including area code)



                               NOT APPLICABLE
        (Former name or former address, if changed since last report)




<PAGE>
ITEM 5.   OTHER EVENTS

     On  September  12,  1996,  Jefferson  Bancorp,  Inc.,  the  parent  of
Jefferson  Federal  Savings  Bank,  issued  the  press  release included as
Exhibit 99.1 to this Form 8-K Report.


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

     (a)  Not Applicable

     (b)  Not Applicable

     (c)  Exhibit:

          99.1      Press Release, dated September 12, 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 hereunto duly authorized.





                                   JEFFERSON BANCORP, INC.



Date:  September 18, 1996               By: /S/ KAREN L. KNIGHT
                                        Karen L. Knight
                                        President and Chief
                                        Executive Officer


                           Jefferson Bancorp, Inc.
______________________________________________________________________________
______________________________________________________________________________
               Holding Company for Jefferson Federal Savings Bank
1011 Fourth Street          Gretna, Louisiana  70053            (504) 368-1011  
______________________________________________________________________________

                                PRESS RELEASE

Contact:  Wayne G. Hymel, Sr.
          Jefferson Bancorp, Inc.

Telephone:(504) 368-1011              FOR IMMEDIATE RELEASE 09/12/96


                  JEFFERSON BANCORP, INC. ANNOUNCES DIVIDEND

Gretna, Louisiana -- September 12, 1996. Karen L. Knight, Chairman of the
Board of Directors of Jefferson Bancorp, Inc. (the "Company"), the parent
of Jefferson Federal Savings Bank ("Jefferson FSB"), announced that the
Company's Board of Directors at its meeting on September 11, 1996 declared
a $0.0750 (7 1/2  cents) cash dividend on the common stock of the Company
based on earnings during the third quarter of 1996.  The dividend is
payable on October 15, 1996 to stockholders of record at the close of
business on September 30, 1996.

Jefferson Bancorp, Inc. is the parent company of Jefferson FSB, a federally
chartered savings bank with seven branch locations and ten Jeff-24
automatic teller machines located in East and West Jefferson Parish and in
West Orleans Parish. Organized in 1953, as Jefferson Homestead Association,
the Bank offers savings and lending products, as well as checking and other
consumer-oriented banking services.

Jefferson Bancorp, Inc. common stock is traded on the Nasdaq National
Market under the symbol "JEBC." The local newspaper (TIMES PICAYUNE) lists
Jefferson Bancorp, Inc. on the Nasdaq "How Stocks of Local Interest Fared."



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