FORM 8-K

          SECURITIES AND EXCHANGE COMMISSION
                Washington, D.C.  20549


                    CURRENT REPORT
          Pursuant to Section 13 or 15(d) of
          The Securities Exchange Act of 1934


   Date of Report (Date of earliest event reported):

                     June 19, 1995




                     AMBANC CORP.
(Exact name of registrant as specified in its charter)


     Indiana            0-10710            35-1525227  
   (State or other    (Commission        (IRS Employer 
   jurisdiction of   File Number)        Identification
   incorporation)                            Number)   

       302 Main Street, Vincennes, Indiana 47591
       (Address of Principal Executive Offices)


                    (812) 882-3050
 (Registrant's telephone number, including area code)


                          N/A
           (Former Name and Former Address,
             if changed since last report)








                Exhibit Index on Page 4

 2

Item 5.  Other Events.

     On June 19, 1995, Registrant executed an Amended
     Agreement of Merger and Plan of Reorganization
     (the "Amended Agreement") that provides for
     Registrant's acquisition of First Robinson
     Bancorp, the holding company for The First
     National Bank in Robinson, Robinson, Illinois, and
     the merger of Farmers' State Bank of Palestine,
     Palestine, Illinois, a wholly owned subsidiary of
     the Registrant, into The First National Bank in
     Robinson.  The Amended Agreement provides that
     each share of First Robinson Bancorp Common Stock
     will be exchanged for 5.3398 shares of
     Registrant's Common Stock.  The Amended Agreement
     supersedes an Agreement and Plan of Merger between
     Registrant and First Robinson Bancorp dated
     October 12, 1994.  The proposed transactions are
     more completely described in a press release and
     the Amended Agreement which are attached hereto as
     Exhibit 99-A and Exhibit 99-B, respectively.


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

     (c)  Exhibits

          99-A Press Release issued by Registrant on
               June 19, 1995

          99-B Amended Agreement of Merger and Plan of
               Reorganization, dated June 19, 1995
               

 3

                     AMBANC CORP.

                      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.

                              AMBANC CORP.



Date:  June 26, 1995          By /s/ Robert G. Watson
                                 Robert G. Watson,
                                 Chairman of the Board,
                                 President, and Chief
                                 Executive Officer

 4

                     EXHIBIT INDEX


          Exhibit                                  Page


          99-A Press Release issued by Registrant on
               June 19, 1995                          5

          99-B Amended Agreement of Merger and Plan of
               Reorganization,
               dated June 19, 1995                    6


































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