SECURITIES EXCHANGE COMMISSION



                       Washington, D.C. 20549



                             FORM  8-K



                           CURRENT REPORT



    Pursuant to Section 13 or 15(d) of the Securities Exchange Act
    1934



            Date of Report:    October 30, 1997



                          MARATHON BANCORP

          (Exact name of registrant as specified in its charter)



                             CALIFORNIA 

                  (State of jurisdiction of incorporation)



                               0-12510

                       (Commission File Number)



                              95-3770539

                   (IRS Employer Identification No.)



          11150 West Olympic Boulevard, Los Angeles, CA      90064

     (Address of principal executive offices)              (Zip Code)





    Registrant's telephone number, including area code: 310-996-9100


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Item 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTS


On October 20, 1997, the Board of Directors approved the
recommendation of the Audit Committee of the Board of Directors
to (i) engage Vavrinek, Trine, Day & Co., LLP as the independent
accountants for Marathon Bancorp and (ii) dismiss Deloitte &
Touche LLP as such independent accountants subject to the
Board's Executive Committee giving their final approval after
meeting with the partner assigned.  The Executive Committee met
on October 27, 1997  with Vavrinek, Trine, Day & Co., LLP and
gave their approval.



During the two fiscal years ended December 31, 1996 and the
subsequent interim period through September 30, 1997, (i) there
were no disagreements with Deloitte touche LLP on any matter of
accounting principles or practices, financial statement
disclosure, or auditing scope or procedures, which disagreements
if not resolved to its satisfaction would have caused it to make
reference in connection with its report to the subject matter of
the disagreement, and (ii) Deloitte Touche LLP has not advised
the registrant of any reportable events as defined in paragraph
(A) through (D) of Regulation S-K Item 304 (a) (1) (v).



The accountants' report of Deloitte Touche LLP on the
consolidated financial statements of Marathon Bancorp and
subsidiary as of and for the years ended December 31, 1995 and
December 31, 1996 did not contain any adverse opinion or
disclaimer of opinion, and was not qualified or modified as to
uncertainty, audit scope, or accounting principles.  A letter
from Deloitte Touche LLP is attached as Exhibit 1.





Item 7. FINANCIAL STATEMENTS AND EXHIBITS.





     A. Exhibits:



          Exhibit  1.  Letter re change in certifying
accountants.




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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 hereunto duly authority.





__October 30, 1997_

Date





                         __Marathon Bancorp__

                              (Registrant)




                                          

                Craig Collette, President & C.E.O.

                             (Signature)



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