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)
March 9, 1999
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FSF FINANCIAL CORP.
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Minnesota 0-24648 41-1783064
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(State or other jurisdiction (SEC File No. ) (IRS Employer
of incorporation) Identification
Number)
201 Main Street South, Hutchinson, MN 55350-2573
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (320) 234-4500
Not Applicable
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(Former name or former address, if changed since last Report)
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FSF FINANCIAL CORP.
INFORMATION TO BE INCLUDED IN REPORT
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Item 5. Other Events
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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 170,000 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 March 9, 1999 by the Registrant is
attached hereto as Exhibit 99 and is incorporated herein by reference in its
entirety.
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Item 7. Financial Statements, Pro Forma Financial
Information and Exhibits
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(a) Exhibits:
99 Press Release dated March 9, 1999.
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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.
FSF FINANCIAL CORP.
Date: March 9, 1998 By: /s/ Richard H. Burgart
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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
March 9, 1999
FSF FINANCIAL CORP. ANNOUNCES
Stock Repurchase Plan
Hutchinson, Minnesota - March 9, 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 to 170,000
or 6% of the shares of the Corporation's Common Stock. The shares will be
purchased in open market transactions or privately negotiated 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, Hastings
and Mankato, Minnesota. The Corporation's common stock is traded in the
over-the-counter market on the NASDAQ National Market under the symbol "FFHH".
