SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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): August 20, 1996
First Federal Bancorporation
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(Exact name of Registrant as specified in its charter)
Minnesota 0-25704 41-1796238
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification
No.)
214 Fifth Street, Bemidji, Minnesota 56601
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (218) 751-5120
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Not Applicable
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(Former name or former address, if changed since last report)
ITEM 5. OTHER EVENTS.
On August 20, 1996 the Registrant announced that it had
approved the establishment of a grantor trust that would commence
purchasing up to 86,250 shares of the Registrant's common stock,
over a twelve month period. The Registrant's press release is
attached hereto as Exhibit 99.1 and incorporated by reference
herein.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
EXHIBITS.
Exhibit 99.1 Press Release dated August 20, 1996
SIGNATURE
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.
FIRST FEDERAL BANCORPORATION
By: /s/ Dennis M. Vorgert
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Dennis M. Vorgert
Treasurer
Date: August 20, 1996