FORM 8-K

UNITED STATES

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 4, 2004

 

 

COMMERCIAL FEDERAL CORPORATION

(Exact name of registrant as specified in its charter)

 

 

NEBRASKA   1-11515   47-0658852

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(I.R.S. Employer

Identification Number)

 

13220 CALIFORNIA STREET, OMAHA, NEBRASKA   68154
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number including area code: (402) 554-9200

 

NOT APPLICABLE

(Former name or former address, if changed since last report)

 

COMMERCIAL FEDERAL CORPORATION

 

FORM 8-K

 

CURRENT REPORT

 

Item 5. Other Events

 

On March 4, 2004, an amendment was signed to a Bank Owned Life Insurance (“BOLI”) policy that was acquired in December 2000 by Commercial Federal Corporation (the “Registrant”). This amendment was effective February 25, 2004 and will result in the recognition of an asset and an increase to net income of approximately $5.3 million (or approximately $.13 per diluted share) for the first quarter ending March 31, 2004. The amendment will allow the Registrant to receive a guaranteed payment of a certain component of the BOLI policy if there is a full and complete surrender of all outstanding certificates of the BOLI.

 

 

2

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.

 

   

COMMERCIAL FEDERAL CORPORATION

   

(Registrant)

Date: March 4, 2004

  

/s/    David S. Fisher

   

David S. Fisher

   

Executive Vice President and

   

Chief Financial Officer

   

(Duly Authorized Officer)

 

3