EXHIBIT 21

                                               SUBSIDIARIES OF THE REGISTRANT

                                                                                                   Jurisdiction of
Parent                                   Subsidiary                          Percentage Owned       Incorporation
- ------                                   ----------                          ----------------       -------------

                                                                                              
First Federal of Olathe Bancorp, Inc.    First Federal Savings and Loan            100                 Federal
                                         Association of Olathe