FSF FINANCIAL CORP
8-K, 1996-09-06
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 5, 1996
                                -----------------
          
                               FSF FINANCIAL CORP.
- --------------------------------------------------------------------------------
         Minnesota                            0-24648              41-1783064
- ----------------------------                  -------              ----------
(State or other jurisdiction               (SEC File No.)         (IRS Employer
   of incorporation)                                              Identification
                                                                      Number)

201 Main Street South, Hutchinson, MN                              55350-2573
- -------------------------------------                              ----------
(Address of principal executive offices)                           (Zip Code)

       Registrant's telephone number, including area code: (612) 234-4500
                                                           --------------
   
                                 Not Applicable
- --------------------------------------------------------------------------------
          (Former name or former address, if changed since last Report)


<PAGE>




                               FSF FINANCIAL CORP.

                      INFORMATION TO BE INCLUDED IN REPORT
                      ------------------------------------

Item 5.       Other Events
              ------------

       FSF Financial Corp.,  Hutchinson,  Minnesota,  ("Registrant") the holding
company of First  Federal fsb,  announced  that it had  received  the  necessary
approvals from the Office of Thrift Supervision  ("OTS") necessary to repurchase
up to 5% or 173,884  shares of the  Corporation's  Common  Stock  subsequent  to
October 6, 1996, the Registrant's two year anniversary as a public company It is
anticipated  that such shares of Common  Stock will be  purchased in open market
transactions from time to time during the next twelve months.

       A copy  of a press  release  issued  May 8,  1996  by the  Registrant  is
attached  hereto as Exhibit 99 and is  incorporated  herein by  reference in its
entirety.


<PAGE>




Item 7.       Financial Statements, Pro Forma Financial
              Information and Exhibits
              ------------------------

              (c)  Exhibits:

                   99  Press Release dated September 5, 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.

                                            FSF FINANCIAL CORP.

Date:  September 5, 1996                    By: /s/ Richard H. Burgart
       -----------------                        Richard H. Burgart
                                                Chief Financial Officer






EXHIBIT  99

FSF Financial Corp.       Contact:  Donald A. Glas, Chief Executive Officer
Hutchinson, Minnesota               (612) 234-4500

                                    George B. Loban, President
                                    (612) 234-4500
                                    Richard H. Burgart, Chief Financial Officer
                                    (612) 234-4500

                                    For Immediate Release
                                    September 5, 1996

                          FSF FINANCIAL CORP. ANNOUNCES
                    Regulatory Approval for Stock Repurchase

         Hutchinson,  Minnesota - September 5, 1996 --  (NASDAQ:FFHH)  Donald A.
Glas, Chief Executive Officer of FSF Financial Corp., Hutchinson, Minnesota, the
holding  company of First Federal fsb,  announced today that it had received the
necessary  approvals from the Office of Thrift Supervision  ("OTS") necessary to
repurchase up to 5% of the  Corporation's  Common Stock subsequent to October 6,
1996, the company's two year  anniversary as a public  company.  The Corporation
may purchase up to 173,884 shares of Common Stock.  It is anticipated  that such
shares of Common Stock will be purchased in open market  transactions  from time
to time during the next twelve months.

       First   Federal  fsb  is  a   federally-chartered   stock   savings  bank
headquartered in Hutchinson,  Minnesota.  The Bank has eleven offices located in
Hutchinson (2), Hastings,  Apple Valley, Buffalo,  Glencoe, Inver Grove Heights,
Litchfield,  Waconia,  Waite Park,  and  Winthrop,  Minnesota.  The deposits are
federally-insured  by the Federal Deposit Insurance  Corporation.  The Bank is a
community-oriented,  full service retail savings bank. The Corporation's  common
stock is traded in the  over-the-counter  market on the NASDAQ  National  Market
System under the symbol "FFHH."



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