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                                  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)  February 11, 2005
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                               GFSB Bancorp, Inc.
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             (Exact name of registrant as specified in its charter)


        Delaware                      0-25854                    04-2095007
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(State or other jurisdiction      (Commission File             (IRS Employer
of incorporation)                     Number)               Identification No.)


221 West Aztec Avenue, Gallup, New Mexico                              87301
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(Address of principal executive offices)                           (Zip Code)


Registrant's telephone number, including area code:  (505) 726-6500
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                                 Not Applicable
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          (Former name or former address, if changed since last report)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below)

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

[ ]  Soliciting  material pursuant to Rule 14a-12 under the 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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                               GFSB BANCORP, INC.

                      INFORMATION TO BE INCLUDED IN REPORT


ITEM 2.02.  RESULTS OF OPERATIONS AND FINANCIAL CONDITION
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     On February  11,  2005,  the  Registrant  issued a press  release to report
earnings for the quarter and six months  ended  December 31, 2004. A copy of the
press release is furnished with this report as exhibit 99.1.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
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     (c) Exhibits:

           99.1     Press Release, dated February 11, 2005





                                   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.


                                          GFSB Bancorp, Inc.


Date: February 11, 2005                   By: /s/ Jerry R. Spurlin
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                                              Jerry R. Spurlin
                                              Chief Financial Officer
                                              (Duly Authorized Representative)