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 11, 1998


                      HAVEN BANCORP, INC.
    (Exact name of registrant as specified in its charter)


                          DELAWARE
 (State or other jurisdiction of incorporation or organization)


                          000-21628
                    (Commission File Number)


                          11-3153802
             (I.R.S. Employer Identification No.)


       93-22 JAMAICA AVENUE, WOODHAVEN, NEW YORK  11421
      (Address of principal executive offices)  (Zip Code)

                        (718) 847-7041
      (Registrant's telephone number, including area code)


                        NOT APPLICABLE                 
      (Former name, former address and former fiscal year,
                  if changed since last report)













ITEM 5. OTHER EVENTS

     On March 11, 1998, Haven Bancorp, Inc. (the "Company")
announced that its subsidiary, CFS Bank (the "Bank") signed a
definitive purchase agreement with Resource Bancshares Mortgage
Group, Inc. ("RBMG") under which the Bank will purchase the
production franchise of RBMG's subsidiary, Intercounty Mortgage,
Inc.  The transaction is subject to the approval of the Office of
Thrift Supervision.


ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

         (a)  No financial statements are required to be filed
with this report.

         (b)  Exhibits.
              99 - Press Release, dated March 11, 1998.


                        SIGNATURE

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 authorized.

                               HAVEN BANCORP INC.
                                 (Registrant)



Date:  March 24, 1998         By:    /s/  Catherine Califano
                                    ---------------------------
                                    Catherine Califano
                                    Senior Vice President and 
                                      Chief Financial Officer

EX-99

                          EXHIBIT 99


FOR IMMEDIATE RELEASE:  March 11, 1998

CONTACT: Cathy Califano, S.V.P./C.F.O., Haven Bancorp, tel.
         (718) 849-0330
         Hal Levine, The Levine Group, tel. (212) 682-8875


HAVEN BANCORP IN AGREEMENT TO ACQUIRE ASSETS OF MORTGAGE BANKER


Woodhaven, NY--Haven Bancorp, Inc. (Nasdaq: HAVN), the holding
company for CFS Bank, announced it has signed a definitive
purchase agreement with Resource Bancshares Mortgage Group, Inc.
(Nasdaq: REMI) under which CFS Bank will purchase the production
franchise of Resource's Intercounty Mortgage, Inc. subsidiary. 
The business will initially be run as a division of CFS Bank,
operating as "CFS Intercounty Mortgage Company."  Terms of the
transaction, which is subject to approval by the Office of Thrift
Supervision and certain other conditions, were not disclosed.

Intercounty primarily originates agency-eligible residential
mortgages and last year had loan production of approximately $700
million from six retail offices in New York, New Jersey and
Pennsylvania.  Haven originated and purchased $471 million in
residential and commercial real estate mortgages in 1997.  The
pro forma volume of the combined Company exceeded $1 billion.

Commenting on the announcement, Philip S. Messina, President and
Chief Executive Officer, stated, "Intercounty's production
capabilities will blend quite nicely with Haven's existing
operations.  We envision supplementing their present product mix,
which is primarily thirty-year, fixed-rate product, with CFS
Bank's wider range of mortgage products, including adjustable
rate and jumbo mortgages.  We have been impressed with the market
presence and enthusiasm of Joe Sheridan, Intercounty's president
and Intercounty's branch managers and production team.  Haven's
supermarket branching program has been particularly successful at
attracting new deposits, which will be an ideal funding source
for that portion of Intercounty's loan production we expect to
retain in portfolio.  We anticipate that this transaction will
not have a dilutive effect on earnings per share in the first
year and will be accretive thereafter.  We will finance this
transaction internally."

Headquartered in Woodhaven, New York, Haven Bancorp, with year
end assets of $1.97 billion, is the holding company for CFS Bank,
a community-oriented institution offering deposit products,
residential and commercial real estate loans and a full range of
financial services including discount brokerage, mutual funds,
annuities and insurance through eight full-service banking 


offices and thirty-eight supermarket branches located in Queens,
Brooklyn, Manhattan, Staten Island, Nassau, Suffolk, Rockland and
Westchester counties, northern New Jersey and Connecticut.  The
Bank's deposits are insured by the FDIC.

Statements made herein that are forward-looking in nature within
the meaning of the Private Securities Litigation Reform Act of
1995 are subject to risks and uncertainties that could cause
actual results to differ materially.  Such risks and
uncertainties include, but are not limited to, those related to
overall business conditions, particularly in the markets in which
Haven operates, fiscal and monetary policy, competitive products
and pricing, credit risk management, changes in regulations
affecting financial institutions and other risks and
uncertainties discussed in the Company's SEC filings, including
its 1996 Form 10-K and 1997 Form 10-Qs.  The Company disclaims
any obligation to publicly announce future events or
developments, which affect the forward-looking statements herein.