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):
May 20, 1997
CFSB BANCORP, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-18609 38-2920051
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
112 East Allegan Street, Lansing, Michigan 48933
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(517) 371-2911
Not Applicable
(Former name or former address, if changed since last report)
Item 5. Other Events
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On May 20, 1997, the registrant's Board of Directors
approved a ten percent common stock dividend. The common stock
dividend will be distributed June 16, 1997, to stockholders of
record as of May 30, 1997. The common stock dividend increases
the outstanding common stock of the registrant by ten percent to
approximately 5.1 million shares. Stockholders of record will
receive one share of common stock for each ten shares held. For
information regarding the ten percent stock dividend, reference
is made to the registrant's press release dated May 20, 1997,
which is attached hereto as Exhibit 99.1 and incorporated by
reference.
Item 7. Financial Statement, Pro Forma Financial Information and
Exhibits
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Exhibit 99.1 - Press Release dated May 20, 1997.
CFSB Bancorp, Inc.
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.
CFSB Bancorp, Inc.
(Registrant)
Date: May 20, 1997 By: /s/ Robert H. Becker
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Robert H. Becker
President and
Chief Executive Officer