SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
_______________________
FORM 8-K
Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
May 19, 1998
AMTRUST CAPITAL CORP.
__________________________________________
(Exact name of registrant as specified in its charter)
DELAWARE 0-25485 35-1940250
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(State or other jurisdiction (Commission File No.) (IRS Employer ID No.)
of incorporation)
20 W. Fifth Street, Peru, Indiana 46970
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(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (765) 472-1991
N/A
________________________________________________
(Former name or former address, if changed since last report)
Item 5. Other Events
On May 19, 1998, the Registrant issued the attached press releases.
Item 7. Financial Statements and Exhibits
(a) Exhibits
99. Press Releases, dated May 19, 1998
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.
AMTRUST CAPITAL CORP.
Date: May 19, 1998 _________________________
Jami L. Cornish, Treasurer and
Chief Financial Officer
EXHIBIT 99
AmTrust Capital Corp.
20 West 5th Street, P.O. Box 105 Peru, Indiana 46970 (765) 472-1991
PRESS RELEASE
FOR IMMEDIATE RELEASE
5/19/98
Contact: Bruce M. Borst, CEO of AmTrust Capital Corp.
Holding Company for AmericanTrust Federal Savings Bank
(765-472-1991) (800-875-8778)
Tony Thompson, Public Relations, First of America Bank
(616-376-7266)
AmericanTrust Federal Savings Bank, Peru, Indiana, and First of America
Bank, Kalamazoo, Michigan, have entered into a definitive agreement for the
sale of the First of America branch office in Bunker Hill, Indiana.
Bruce M. Borst, President and CEO of AmTrust Capital Corp., the holding
company for AmericanTrust Federal Savings Bank, Peru, Indiana announced
that "The decision to purchase the Bunker Hill branch was based on what we
feel is a great strategic and geographic fit. We plan on offering the Bunker
Hill community the same outstanding products that AmericanTrust customers
expect. Personalized banking remains our niche and we look forward to
continuing the excellent service the First of America Bunker Hill account
holders are accustomed to."
After all proper regulatory and bank approvals, First of America deposit
accounts will be acquired by the AmericanTrust Federal Savings Bank under
the same terms and conditions offered by First of America at the time of
opening. The final date of the acquisition is not known at this time. All
First of America customers will receive appropriate communications as details
become available.
