<DOCUMENT>
<TYPE>EX-21
<SEQUENCE>11
<FILENAME>ffw_ex21.txt
<DESCRIPTION>FFW SUBSIDIARIES
<TEXT>

                                                                      Exhibit 21

<TABLE>
<CAPTION>


                                              SUBSIDIARIES OF THE REGISTRANT

                                                                                  Jurisdiction             Percent of
               Parent                               Subsidiary                  of Incorporation            Ownership

<S>                                    <C>                                           <C>                      <C>
FFW Corporation                        First Federal Savings Bank of Wabash          Federal                  100%
FFW Corporation                        FirstFed Financial, Inc.                      Indiana                  100%
First Federal Savings Bank of Wabash   Wabash Investments, Inc.                      Nevada                   100%
Wabash Investments, Inc.               Wabash Holdings, Inc.                         Nevada                   100%
Wabash Holdings, Inc.                  Wabash Portfolio, LLC                         Nevada                    99%
Wabash Investments, Inc.               Wabash Portfolio, LLC                         Nevada                    1%

     The financial  statements of FFW Corporation are consolidated with those of
its subsidiaries.

</TABLE>


</TEXT>
</DOCUMENT>