U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange
Act of 1934, Section 17(a) of the Public Utility Holding
Company Act of 1935 or Section 30(f) of the Investment
Company Act of 1940
1. Name and Address 2. Date of Event Re- 5. Relationship of
of Reporting Person quiring Statement Reporting
3/2/1999 Person to Issuer
Lawrence T. Loeser 3. IRS or Social Secu Director 10% Owner
Number of Reporting
c/o Harrington Person (Voluntary) Officer X Other
Financial Group President/North
722 Main Carolina Region of
Richmond IN 47374 Harrington Bank, FSB,
the subsidiary of the
Issuer
4.Issuer Name 6. If Amendment,
and Ticker Date of Original
Harrington Financial (Month/Day/Year)
Group, Inc. (HFGI)
Table 1 - Non-Derivative Securities Beneficially Owned
1. Title of Security 2.Amt of 3.Ownership 4.Nature of
Securities Form Indirect
Beneficially D or I Beneficial
Owned Ownership
Not applicable
Table II - Derivative Securitites Acquired, Disposed of, or
Beneficially Owned (e.g., puts, calls, warrants,
options, convertible securities)
1.Title of 2.Date Exercis- 3.Title & Amt 4.Conversion 5.Owner- 6.Nature
Derivative able & Expira- Underlying or Exercise ship of Indi-
Security tion Date Securities Price of Form rect
Date Expira- Derivative D or I Owner-
Exer- tion Security ship
cisable Date
Not Applicable
Explanation of Responses:
/S/Lawrence T. Loeser 3/11/1999
Signature of Reporting Person Date