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)
March 20, 1998
Emclaire Financial Corp.
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(Exact name of Registrant as specified in its Charter)
Pennsylvania 333-11773 25-1606091
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(State or other jurisdiction (SEC File No.) (IRS Employer
of incorporation) Identification
Number)
612 Main Street, Box D, Emlenton, Pennsylvania 16373
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 724-867-2311
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Not Applicable
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(Former name or former address, if changed since last Report)
INFORMATION TO BE INCLUDED IN REPORT
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Item 5. Other Events
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On March 20, 1998, Emclaire Financial Corp., Emlenton, Pennsylvania
("Emclaire") entered into a letter of intent to acquire all of the outstanding
stock of Peoples Savings Financial Corporation ("Peoples"), Ridgway,
Pennsylvania ("Acquisition").
A copy of a press release issued March 20, 1998 by the Registrant is
attached hereto as Exhibit 99 and is incorporated herein by reference in its
entirety.
In addition, in the event the Acquisition is not completed and, among
other things, there is a subsequent third party acquisition of, or agreement of
acquisition for, Peoples, the parties have agreed that Emclaire will be entitled
to a break-up fee equal to 5% of the total deal value.
Item 7. Financial Statements, Pro Forma Financial Information and
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Exhibits
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Exhibit 99 -- Press Release Concerning Letter of Intent dated March 20, 1998.
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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.
Emclaire Financial Corp.
Date: March 23, 1998 By: /s/John J. Boczar
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John J. Boczar
Treasurer