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): April 21, 2003

                          WEBSTER CITY FEDERAL BANCORP
                          ----------------------------
             (Exact name of registrant as specified in its charter)

          Federal                       0-26577                   42-1491186
 ---------------------------       ------------------         ----------------
(State or other jurisdiction      (Commission File No.)      (IRS Employer
of incorporation)                                            Identification No.)





820 Des Moines Street, Webster City, Iowa                             50595-0638
- -----------------------------------------                             ----------
(Address of principal executive offices)                              (Zip Code)


Registrant's telephone number, including area code: (515) 832-3071


                                 Not Applicable
           -----------------------------------------------------------
          (Former name or former address, if changed since last report)







Item 7. Financial Statements and Exhibits.

(a)  Not Applicable.

(b)  Not Applicable.

(c)  Exhibits.

             Exhibit No.                 Description
             -----------                 -----------

                99                       Press release dated August 22, 2003

Item 9. Regulation FD Disclosure.

     The  following  information  is  furnished  pursuant  to this Item 9 and in
satisfaction  of Item 12,  "Disclosure  of Results of  Operations  and Financial
Condition."

     On August 22, 2003, Webster City Federal Bancorp (the "Company") declared a
stock split.  A copy of the press  release  dated  August 22, 2003,  regarding a
two-for-one  split of Webster City Federal  Bancorp stock is attached as Exhibit
99 to this report.






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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.

                                           WEBSTER CITY FEDERAL BANCORP


DATE:  August 22, 2003               By:   /s/ Phyllis A. Murphy
                                           -------------------------------------
                                           Phyllis A. Murphy
                                           President and Chief Executive Officer



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