First Federal Increases Dividend and Authorizes Stock Buy-Back

Apr 24, 2001, 01:00 ET from First Federal Capital Corp

    LA CROSSE, Wis., April 24 /PRNewswire Interactive News Release/ --
     First Federal Capital Corp (Nasdaq:   FTFC) today announced two actions
 taken at its Board of Directors meeting.  The company reported that it has
 declared an increased regular quarterly dividend and authorized the repurchase
 of up to 1,083,060 shares of common stock.
     The regular quarterly dividend was increased from $.11 to $.12 per share,
 for a 9% increase.  This cash dividend will be payable on June 7, 2001, to
 shareholders of record on May 17, 2001.
     The April 20, 1999 Stock Repurchase Plan, which originally authorized
 repurchases of up to 905,248 shares, was extended for another year.  Since
 685,742 shares were repurchased during the original term, and 50,000 shares
 were purchased during the last twelve months, 169,506 additional shares may be
 repurchased under the renewed 1999 Plan.
     The April 18, 2000 Stock Repurchase Plan, which originally authorized
 repurchases of up to 913,554 shares, was also extended for another year.
 Since no shares have been repurchased under this plan, all 913,554 shares may
 be repurchased under the renewed 2000 Plan.
     All of the repurchased shares will be held as treasury stock and will be
 available for general corporate purposes.
     First Federal Capital Corp is the parent company of First Federal Savings
 Bank La Crosse - Madison.  The $2.4 billion holding company is headquartered
 in La Crosse and serves customers across Wisconsin and northern Illinois
 through a network of 75 banking facilities.
 
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SOURCE First Federal Capital Corp
    LA CROSSE, Wis., April 24 /PRNewswire Interactive News Release/ --
     First Federal Capital Corp (Nasdaq:   FTFC) today announced two actions
 taken at its Board of Directors meeting.  The company reported that it has
 declared an increased regular quarterly dividend and authorized the repurchase
 of up to 1,083,060 shares of common stock.
     The regular quarterly dividend was increased from $.11 to $.12 per share,
 for a 9% increase.  This cash dividend will be payable on June 7, 2001, to
 shareholders of record on May 17, 2001.
     The April 20, 1999 Stock Repurchase Plan, which originally authorized
 repurchases of up to 905,248 shares, was extended for another year.  Since
 685,742 shares were repurchased during the original term, and 50,000 shares
 were purchased during the last twelve months, 169,506 additional shares may be
 repurchased under the renewed 1999 Plan.
     The April 18, 2000 Stock Repurchase Plan, which originally authorized
 repurchases of up to 913,554 shares, was also extended for another year.
 Since no shares have been repurchased under this plan, all 913,554 shares may
 be repurchased under the renewed 2000 Plan.
     All of the repurchased shares will be held as treasury stock and will be
 available for general corporate purposes.
     First Federal Capital Corp is the parent company of First Federal Savings
 Bank La Crosse - Madison.  The $2.4 billion holding company is headquartered
 in La Crosse and serves customers across Wisconsin and northern Illinois
 through a network of 75 banking facilities.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X23130163
 
 SOURCE  First Federal Capital Corp