Item 8.01 Other Events

On January 28, 2009, WVS Financial Corp. (the "Company"), the holding company for West View Savings Bank (the "Savings Bank"), announced that the Company's Board of Directors authorized its Tenth Stock Repurchase Program. The Tenth Repurchase Program will total 106,000 shares, or approximately 5.00%, of the 2,122,185 shares of common stock expected to be outstanding upon completion of the current Ninth Stock Repurchase Program. For additional information, reference is made to the Press Release, dated January 28, 2009, which is attached hereto as Exhibit 99 and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

(a) Not applicable

(b) Not applicable

(c) Not applicable

(d) Exhibits

Exhibit 99 - Press Release, dated January 28, 2009.

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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