1 
                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):May 22, 1997

                         Saratoga Bancorp
       (Exact name of registrant as specified in charter)

                            California
                         (State or other
                         jurisdiction of
                          incorporation)


            2-77519-LA                 94-2817587 
           (Commission               (IRS Employer
           File Number)            Identification No.)



        12000 Saratoga-Sunnyvale Road, Saratoga, CA 95070        
      (Address of principal executive offices and ZIP code)


                            None                                
(Former name or former address, if changed since last report)

Registrant's telephone number, including area code: (408)973-1111











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Item 5.   Other Events.

          The shareholders of Saratoga Bancorp took the following 
          action at the Annual Meeting of Shareholders held on        
          May 22, 1997 at the Corporation's main office located
          at 12000 Saratoga-Sunnyvale Road, Saratoga, California:

     
     1.   Approved the election of management's slate of nominees 
          for director, each of whom was an incumbent director, as 
          follows:
                                            Votes
                                    For             Withheld
          Victor Aboukhater       605,907              None 
          Robert G. Egan          605,907              None 
          William D. Kron         605,907              None 
          John F. Lynch, III      605,907              None 
          V. Ronald Mancuso       605,907              None 
          Richard L. Mount        605,907              None  
          
  
    
     2.   Approved the appointment of Deloitte & Touche LLP as
          independent public accountants for the 1997 fiscal 
          year.

          Votes in favor of this proposal            768,449

          Votes against this proposal                 23,838

          Votes abstaining                            30,447





















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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.
 



                                     SARATOGA BANCORP            
                                       (Registrant)




                                By:                              
                                          Mary Page Rourke
                                          Treasurer and Chief
                                          Financial Officer



Date: May 28, 1997
























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