UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  FORM 10-KSB/A

[ X ]    ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES 
         EXCHANGE ACT OF 1934

         For the fiscal year ended June 30, 1998

[   ]    TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES 
         EXCHANGE ACT OF 1934

         For the transition period from______________to___________________

                         Commission File Number: 0-18664

                          GLENWAY FINANCIAL CORPORATION
                 (Name of small business issuer in its charter)

              Delaware                                        31-1297820
  (State or other jurisdiction of                         (I.R.S. Employer  
   incorporation or organization)                       Identification Number)

   5535 Glenway Avenue, Cincinnati, Ohio                        45238 
(Address of principal executive offices)                      (Zip Code)

                    Issuer's telephone number: (513) 922-5959

      Securities registered pursuant to Section 12(b) of the Exchange Act:

      None                               Common Stock, par value $.01 per share 
(Name of each exchange                               (Title of Class)
 on which registered)                            

           Securities registered pursuant to Section 12(g) of the Act:

                                      None

     Check  whether  the issuer (1) filed all  reports  required  to be filed by
Section 13 or 15(d) of the  Exchange  Act during the past 12 months (or for such
shorter period that the issuer was required to file such  reports),  and (2) has
been subject to such requirements for the past 90 days. Yes X No

     Check if disclosure of delinquent filers pursuant to Item 405 of Regulation
S-B is not contained in this form, and no disclosure  will be contained,  to the
best of  issuer's  knowledge,  in  definitive  proxy or  information  statements
incorporated  by reference  in Part III of this Form 10-KSB or any  amendment to
this Form 10-KSB. [ ]

     State the issuer's revenues for its most recent fiscal year: $23.4 million.

     The aggregate market value of the voting stock held by nonaffiliates of the
registrant,  computed by reference to the average of the bid and asked prices of
such stock on The Nasdaq  National  Market as of September  24, 1998,  was $39.4
million. (The exclusion from such amount of the market value of the shares owned
by any  person  shall not be deemed an  admission  by the  registrant  that such
person is an affiliate of the registrant.)

     As of September 15, 1998,  there were 2,293,210  shares of the Registrant's
Common Stock issued and outstanding.

                       DOCUMENTS INCORPORATED BY REFERENCE

         Part II of Form 10-KSB - Annual Report to  Stockholders  for the fiscal
         year ended June 30, 1998. Part III of Form 10-KSB - Proxy Statement for
         1998 Annual Meeting of Stockholders.
         Transitional Small Business Disclosure Format:  Yes __  No  X  


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                                     PART IV

Item 13.  Exhibits and Reports on Form 8-K

(a)      Exhibits

              13             Report of Grant Thornton LLP



                                   SIGNATURES

                  Pursuant  to  the   requirements   of  Section  15(d)  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.

                                        GLENWAY FINANCIAL CORPORATION



                                        By: /s/Robert R. Sudbrook
                                             Robert R. Sudbrook, President and
                                             Chief Executive Office (Duly
                                             Authorized Representative)





















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                                INDEX TO EXHIBITS



Exhibit Number                         Description

13                                     Report of Grant Thornton LLP











































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