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



                Date of Report (Date of earliest event reported):
                                  July 30, 2003


                              Wells Financial Corp.
             -------------------------------------------------------
             (Exact name of Registrant as specified in its Charter)



     Minnesota                    0-25342                    41-1799504
- ----------------------------  ----------------      ----------------------------
(State or other jurisdiction  (Commission File      (IRS Employer Identification
 of incorporation)             Number)               Number)


53 First Street, S.W., Wells, Minnesota                                  56097
- ---------------------------------------                               ----------
(Address of principal executive offices)                              (Zip Code)


Registrant's telephone number, including area code:               (507) 553-3151
                                                                  --------------


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








                      INFORMATION TO BE INCLUDED IN REPORT
                      ------------------------------------


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

        (c) Exhibits:

            99.1     Press Release dated July 30, 2003


Item 12. Results of Operations and Financial Condition
- ------------------------------------------------------

     On July 30, 2003, the  Registrant  issued a press release to report results
for the quarter  ended June 30, 2003.  A copy of the press  release is furnished
with this Form 8-K as an exhibit.







                                   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.

                                     Wells Financial Corp.



Date:    July 30, 2003               By: /s/ Lonnie R. Trasamar
                                         ---------------------------------------
                                         Lonnie R. Trasamar
                                         President and Chief Executive Officer
                                           (Duly Authorized Representative)