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): April 1924, 2007

~~EQUITABLE~~Equitable ~~FINANCIAL~~Financial ~~CORP~~Corp.

(Exact name of registrant as specified in its charter)

United States	0-51514	14-1941649
(State or other jurisdiction of	(Commission	(IRS Employer
incorporation or organization)	File Number)	Identification No.)

113 North Locust Street, Grand Island, Nebraska 68801

(Address of principal executive offices) (Zip Code)

(308) 382-3136

(Registrant’s telephone number, including area code)

Not Applicable

(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:

~~[ ]~~ o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

~~[ ]~~ o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

~~[ ]~~ o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

~~[ ]~~ o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 85.~~01 Other~~02 Departure ~~Events~~of Directors or Certain Offices; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) On April 1924, 2007, H. Lawrence Hansen notified Equitable Financial Corp. (the “Company”) ~~issued a press release~~ ~~announcing~~ that, ~~the~~due ~~Board~~to ofhealth ~~Directors~~reasons, ~~had~~he ~~authorized~~is ~~the~~resigning ~~funding~~effective as of aMay ~~trust that will repurchase up to 64~~31,~~631,~~ or2007 ~~approximately 1.96%, of the Company’s~~from ~~outstanding~~the ~~shares.~~Board ~~The~~of ~~shares~~Directors ~~acquired~~of by the ~~trust~~Company, ~~will be used to fund restricted stock awards under~~ the Company’s ~~2006~~wholly-owned ~~Equity Incentive Plan which was~~subsidiary, ~~approved~~Equitable byBank, ~~stockholders~~and ~~in November 2006. A copy of~~ the Company’s ~~press~~majority ~~release is~~stockholder, ~~attached~~Equitable toFinancial ~~this Report as Exhibit 99~~MHC.~~1 and is furnished~~ ~~herewith.~~

~~Item 9.01 Financial Statements and Exhibits.~~1

	(d)	Exhibits
	Number	Description
	99.1	Press Release Dated April 19, 2007

SIGNATURE

~~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.

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.


	Equitable Financial Corp.

Date: April 24, 2007	By:	/s/ Richard L. Harbaugh
		Richard L. Harbaugh
		President and Chief Executive Officer

	EQUITABLE FINANCIAL CORP.
Date: April 19, 2007	By: /s/ Richard L. Harbaugh
	Richard L. Harbaugh
	President and Chief Executive Officer

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