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)
                                   May 4, 1998


                             PERMANENT BANCORP, INC.
             (Exact name of Registrant as specified in its Charter)


Delaware                           0-23370                        35-1908797
(State or other            (Commission File Number)             (IRS Employer
jurisdiction of                                                  Identification
incorporation)                                                   Number)


              101 Southeast Third Street, Evansville, Indiana 47708
               (Address of principal executive offices) (Zip Code)

               Registrant's telephone number, including area code:
                                  (812)428-6800


                                       N/A
          (Former name or former address, if changed since last report)









Item  5.     Other Events

         On May 4,  1998,  Permanent  Bancorp,  Inc.  issued  the press  release
attached hereto as Exhibit 99 announcing the date and time of its annual meeting
of shareholders. The meeting will be held at 4:00 p.m. on Tuesday, July 28, 1998
at Permanent Bancorp, Inc.'s corporate offices.


Item 7.      Financial Statements, Pro Forma Financial Information and Exhibits

         (c)      Exhibits

                  Exhibit 99        Press Release




                                   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.


                                           PERMANENT BANCORP, INC.



Date: May 4, 1998                          By: /s/ Donald P. Weinzapfel
                                                    Donald P. Weinzapfel
                                                    Chairman of the Board,
                                                    President and Chief
                                                    Executive Officer