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)
                               September 22, 1999
                               ------------------




                               FSF FINANCIAL CORP.
- --------------------------------------------------------------------------------


Minnesota                           0-24648                       41-1783064
- ----------------------------    ---------------                 ----------------
(State or other jurisdiction    (SEC File No. )                 (IRS Employer
       of incorporation)                                        Identification
                                                                    Number)




201 Main Street South, Hutchinson, MN                              55350-2573
- ---------------------------------------                          ---------------
(Address of principal executive offices)                           (Zip Code)




       Registrant's telephone number, including area code: (320) 234-4500

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







                               FSF FINANCIAL CORP.

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


Item 5.       Other Events
              ------------

       FSF Financial Corp.,  Hutchinson,  Minnesota,  ("Registrant") the holding
company  of  First  Federal  fsb,  announced  that  the  Corporation's  Board of
Directors  has  approved  the   repurchase  of  up  to  260,000  shares  of  the
Corporation's  Common Stock. It is anticipated  that such shares of Common Stock
will be purchased in open market  transactions from time to time during the next
twelve months.

       A copy of a press release issued  September 22, 1999 by the Registrant is
attached  hereto as Exhibit 99 and is  incorporated  herein by  reference in its
entirety.







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

              (c)      Exhibits:

                       99  Press Release dated September 22, 1999











                                   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.


                                         FSF FINANCIAL CORP.


Date:  September 22, 1999                By:  /s/ Richard H. Burgart
       ------------------                   ------------------------------------
                                            Richard H. Burgart
                                            Chief Financial Officer