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


                                  July 26, 2005
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                        (Date of earliest event reported)


                               WVS Financial Corp.
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             (Exact name of registrant as specified in its charter)


Pennsylvania                              0-22444                     25-1710500
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(State or other                  (Commission File Number)          (IRS Employer
jurisdiction of incorporation)                               Identification No.)


9001 Perry Highway, Pittsburgh, Pennsylvania                               15237
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(Address of principal executive offices)                              (Zip Code)



                                 (412) 364-1913
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              (Registrant's telephone number, including area code)



                                 Not Applicable
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              (Former name, former address and former fiscal year,
                         if changed since last report)


[_]   Written communications pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)

[_]   Soliciting material pursuant to Rule 14a-12 under Exchange Act (17 CFR
      240.14a-12)

[_]   Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))

[_]   Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c))




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Item 8.01 Other Events

On July 26, 2005,  WVS  Financial  Corp.  announced  that its Board of Directors
declared a quarterly cash dividend of $0.16 per share payable on August 18, 2005
to  stockholders  of record on August 8,  2005.  A copy of the press  release is
furnished as Exhibit 99 to this Form 8-K.


Item 9.01 Financial Statements and Exhibits

(a)   Not applicable

(b)   Not applicable

(c)   Exhibits

      Exhibit 99 - Press Release, dated July 26, 2005.


This information,  including the press release filed as Exhibit 99, shall not be
deemed to be "filed" for purposes of Section 18 of the  Securities  Exchange Act
of 1934 nor shall it be deemed to be  incorporated  by  reference  in any filing
under the Securities Act of 1933.





















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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 thereunto duly authorized.

                                              WVS FINANCIAL CORP.



Dated:  July 26, 2005                         By:     /s/ David J. Bursic
                                                      -----------------------
                                                      David J. Bursic
                                                      President and
                                                      Chief Executive Officer























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