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 22, 1999
------------------
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: (320) 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 the Corporation's Board of
Directors has approved the repurchase of up to 260,000 shares of the
Corporation's 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.
A copy of a press release issued September 22, 1999 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 22, 1999
<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 22, 1999 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 (320) 234-4500
George B. Loban, President
(320) 234-4500
Richard H. Burgart, Chief Financial Officer
(320) 234-4500
For Immediate Release
September 22, 1999
FSF FINANCIAL CORP. ANNOUNCES
Stock Repurchase Plan
Hutchinson, Minnesota - September 22, 1999 -- (NASDAQ:FFHH) FSF
Financial Corp., whose direct subsidiaries include First Federal fsb, Insurance
Planners of Hutchinson, Inc., Hutchinson, Minnesota and Homeowners Mortgage
Corporation, Vadnais Heights, MN, announced a common stock repurchase plan.
Donald A. Glas, Chief Executive Officer of FSF Financial Corp.,
announced today that the Corporation's Board of Directors has authorized the
repurchase of up 260,000 shares, approximately 10% of the outstanding shares, of
the Corporation's Common Stock. The shares will be purchased in open market or
privately negotiated transactions from time to time during the next twelve
months, subject to the discretion of management pursuant to the terms of the
stock repurchase plan.
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 Bank's deposits are
federally-insured by the Federal Deposit Insurance Corporation. The Bank is a
community-oriented, full service retail bank offering a variety of deposit and
loan products. Insurance Planners of Hutchinson, Inc. is a property and casualty
insurance agency located in Hutchinson, Minnesota. Homeowners Mortgage Corp.
originates residential mortgage loans from offices in Vadnais Heights and
Hastings, Minnesota. The Corporation's common stock is traded in the
over-the-counter market on the NASDAQ National Market under the symbol "FFHH".
