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 21, 1996


                         FIRST FEDERAL BANCORPORATION
          ----------------------------------------------------------
            (Exact name of registrant as specified in its charter)


          Minnesota                      0-25704                  41-1796238
- - ----------------------------           ------------          -------------------
(State or other jurisdiction           (Commission            (I.R.S. Employer
      of incorporation)                File Number)          Identification No.)


214 5th Street, Bemidji, Minnesota                                      56601
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(Address of principal executive offices)                              (Zip Code)


      Registrant's telephone number, including area code:  (218) 751-5120
                                                           --------------


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

 
ITEM 5.   OTHER EVENTS.

     On May 21, 1996, the registrant announced that it is commencing a stock 
repurchase program to acquire up to 5% of the Company's outstanding common 
stock, or approximately 40,969 shares, over a twelve month period. The 
Company's press release is attached hereto as Exhibit 99.1 and incorporated by 
reference herein.

ITEM 7.   FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.

          Exhibit 99.1 Press Release dated May 21, 1996

 
                                   SIGNATURE


     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.

                                                    FIRST FEDERAL BANCORPORATION


                                                    By: /s/ William R. Belford
                                                       -------------------------
                                                        William R. Belford
                                                        President



Date:  May 22, 1996