UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549



                                    FORM 8-K




                                 CURRENT REPORT
     Pursuant to Section 13 or 15(b) of the Securities Exchange Act of 1934



                                  May 29, 2003
               (Date of Report (Date of earliest event reported))



                             UNION COMMUNITY BANCORP
             (Exact name of registrant as specified in its charter)



                                     INDIANA
                 (State of other jurisdiction of incorporation)


                000-23543                                  35-2025237
        (Commission File Number)               (IRS Employer Identification No.)


          221 East Main Street
         Crawfordsville, Indiana                             47933
(Address of principal executive officers)                  (Zip Code)


                                 (765) 362-2400
              (Registrant's telephone number, including area code)



Item 5. Other Events and Regulation FD Disclosure.

     On May 29, 2003 Union Community  Bancorp (the  "Registrant")  announced the
completion of the Registrant's program to repurchase,  from time to time, on the
open market,  178,000 of the Registrant's  outstanding shares of common stock. A
copy of the press release issued by the  Registrant  concerning the foregoing is
filed herewith as Exhibit 99.1 and is incorporated herein by reference.


Item 7. Financial Statements and Exhibits.

     (c)  Exhibit 99.1 - Press Release of Registrant issued on May 29, 2003.



                                   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.



                                  /s/ J. Lee Walden
                                  ----------------------------------------------
                                  J. Lee Walden
                                  Chief Financial Officer

Dated: May 30, 2003