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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): November 15, 2007
UNITED COMMUNITY BANCORP
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(Exact name of registrant as specified in its charter)
UNITED STATES 0-51800 36-4587081
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(State or other jurisdiction of (Commission (IRS Employer
incorporation or organization) File Number) Identification No.)
92 WALNUT STREET, LAWRENCEBURG, INDIANA 47025
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (812) 537-4822
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NOT APPLICABLE
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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ITEM 8.01 OTHER EVENTS.
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On November 15, 2007, United Community Bancorp (the "Company")
announced the completion of its previously disclosed stock repurchase program
under which it acquired 190,440 shares of its common stock. The Company also
announced that its Board of Directors has authorized a new stock repurchase
program under which the Company will repurchase up to 180,918 shares of the
Company's outstanding common stock, or approximately 5% of outstanding shares
held by persons other than United Community MHC. The press release announcing
the completion and authorization of the stock repurchase programs is filed as
Exhibit 99.1 and incorporated herein by reference.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
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(d) Exhibits
Number Description
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99.1 Press Release dated November 15, 2007
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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 authorized.
UNITED COMMUNITY BANCORP
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(Registrant)
Date: November 15, 2007 By:/s/ Elmer G. McLaughlin
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Elmer G. McLaughlin
Executive Vice President, Chief Operating
Officer and Corporate Secretary