Item 8.01 Other Events

On October 28, 2008, WVS Financial Corp. announced that its Board of Directors declared a quarterly cash dividend of $0.16 per share payable on November 20, 2008 to stockholders of record on November 10, 2008. A copy of the press release is furnished as Exhibit 99 to this Form 8-K.

Item 9.01 Financial Statements and Exhibits

(a) Not applicable

(b) Not applicable

(c) Not applicable

(d) Exhibits

Exhibit 99 - Press Release, dated October 28, 2008.

This information, including the press release filed as Exhibit 99, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933.

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