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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 31, 1999
TELEBANC FINANCIAL CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware 33-76930 13-3759196
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(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification No.)
incorporation)
1111 North Highland Street, Arlington, Virginia 22201
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (703) 247-3700
Not Applicable
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(Former name or former address, if changed since last report)
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Item 5. Other Events.
On March 31, 1999, TeleBanc Financial Corporation, through its wholly
owned subsidiary TeleBank, a federally chartered savings bank, announced the
signing of an exclusive agreement with First USA to offer an Internet-enabled
credit card.
A copy of the press release dated March 31, 1999 announcing the signing
of the agreement is attached hereto as Exhibit 99.
Item 7. Financial Statements and Exhibits.
(a) Not applicable.
(b) Not applicable.
(c) Exhibits
Exhibit No. Description
99 Press Release dated March 31, 1999.
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SIGNATURE
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.
TELEBANC FINANCIAL CORPORATION
Date: April 2, 1999 By: /s/ Mitchell H. Caplan
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Mitchell H. Caplan
President and
Chief Executive Officer
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INDEX TO EXHIBITS
EXHIBIT
NUMBER EXHIBIT DESCRIPTION PAGE
99 Press Release dated March 31, 1999.
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