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 14, 2003

                         STATEFED FINANCIAL CORPORATION

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             (Exact name of Registrant as specified in its Charter)

     Delaware                           0-22790                42-1410788
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(State or other                   (Commission File No.  (IRS Identification No.)
jurisdiction of incorporation)

13523 University Avenue, Clive, Iowa                                50325
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(Address of principal executive offices)                          (Zip Code)

       Registrant's telephone number, including area code: (515) 223-8484
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                                       N/A
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          (Former name or former address, if changed since last report)



Item 5.  Other Events

         On February 14, 2003, the Registrant issued the press release attached
hereto as Exhibit 99.

Items 7.  Financial Statements and Exhibits

         (a)   Exhibits:

                           Exhibit 99 - Press release dated February 14, 2003

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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 thereunto duly authorized.

                                     STATEFED FINANCIAL CORPORATION

Date:  February 14, 2003             By:   /s/  Andra K. Black
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                                           Andra K. Black
                                           Executive Vice President and CFO

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