UNITED STATES
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 1, 1998
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GREAT AMERICAN BANCORP, INC.
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(Exact name of registrant as specified in its charter)
Delaware 000-25808 52-1923366
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification Number)
1311 S. Neil St., P.O. Box 1010, Champaign, IL 61824-1010
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(Address of principal executive offices) (Zip Code)
(217) 356-2265
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(Registrant's telephone number, including area code)
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Item 5. Other Events.
The Registrant incorporates by reference the press release dated
September 1, 1998 attached as Exhibit 20, relating to a common stock
repurchase program.
Item 7. Financial Statements and Exhibits.
The Registrant incorporates by reference the press release dated
September 1, 1998 attached as Exhibit 20, relating to a common stock
repurchase program.
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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 hereunto duly authorized.
Great American Bancorp, Inc.
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(Registrant)
Date September 10, 1998 /s/ Jane F. Adams
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Chief Financial Officer
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EXHIBIT INDEX
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Exhibit
No. Description Method of Filing
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20 News Release Filed herewith
Dated 9/1/98.
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Exhibit 20
NEWS RELEASE
Great American Bancorp, Inc.
Holding Company for First Federal Savings Bank of Champaign-Urbana
FOR IMMEDIATE RELEASE
September 1, 1998
Contact: Ms. Jane F. Adams
Chief Financial Officer and Investor Relations
(217) 356-2265
GREAT AMERICAN BANCORP, INC. TO REPURCHASE COMMON STOCK
Champaign, Illinois - Great American Bancorp, Inc. (NASDAQ/GTPS). Great
American Bancorp, Inc., the holding company for First Federal Savings Bank of
Champaign-Urbana, Champaign, Illinois, has announced that its Board of
Directors has authorized the repurchase of up to 151,076 shares, which is ten
percent of the Company's 1,510,759 outstanding shares. Stock repurchased
under the repurchase program will be made in open market transactions, subject
to the availability of stock and market conditions, and will commence as soon
as practicable.
First Federal Savings Bank of Champaign-Urbana is head quartered in Champaign,
Illinois, and operates through its administrative/branch office in Champaign
and through two other full service branches located in Champaign and Urbana.
The Bank, through its subsidiary Park Avenue Service Corporation, also
provides full service brokerage activities through a third-party broker-
dealer, Scout Brokerage Services, Inc., and sells insurance products through
the GTPS Insurance Agency. The Bank's deposits are insured by the Federal
Deposit Insurance Corporation.
Great American Bancorp, Inc. stock is traded on the NASDAQ National Market
System under the symbol "GTPS".
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GTPS-pr-98-12
