U.S. SECURITIES AND EXCHANGE COMMISSION
                     Washington, DC   20549

                            FORM 10-Q

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

          For the quarterly period ended June 30, 1997

     [  ] 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 0-22399

                     HARRIS FINANCIAL, INC.
     (Exact name of Registrant as specified in its Charter)

         Pennsylvania                     23-2889833
-----------------------------------------------------------------
(State or other jurisdiction   (I.R.S. Employer Identification
    of incorporation or                     Number)
         organization)

235 North Second Street, Harrisburg, Pennsylvania    17101
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(Address of principal executive offices)           (Zip Code)

       Registrant's telephone number, including area code:
                         (717) 236-4041

     Indicate by check mark whether the registrant (1) has filed
all reports required to be filed by Section 13 or 15 (d) of the
Securities Exchange Act of 1934 during the preceding 12 months
(or for such shorter period that the registrant was required to
file such reports), and (2) has been subject to such filing
requirements for the past 90 days.

     /X/ Yes  / / No

     As of June 30, 1997, there were no shares of the
Registrant's common stock, par value $0.01 per share,
outstanding.

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Part I.

FINANCIAL INFORMATION

     Harris Financial, Inc. (the "Registrant") was formed to
serve as the stock holding company for Harris Savings Bank (the
"Bank") pursuant to the Bank's reorganization into the "two-tier"
mutual holding company structure.  As of the date hereof, the
Bank has not completed its reorganization, and, accordingly, the
Registrant has no assets or liabilities.

Part II.

OTHER INFORMATION

Item 1.  Legal Proceedings

         None

Item 2.  Changes in Securities

         None

Item 3.  Defaults Upon Senior Securities

         None

Item 4.  Submission of Matters to a Vote of Security Holders

         None

Item 5.  Other Information

         None

Item 6.  Exhibits and Reports on Form 8-K

         27     Financial Data Schedule

         No reports on Form 8-K were filed during the quarter
ended June 30, 1997.

<PAGE>

                           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.

                              HARRIS FINANCIAL, INC.



Date: August 14, 1997         /s/ William J. McLaughlin
                              -----------------------------------
                              William J. McLaughlin
                              (President and Chief Executive
                               Officer)



Date: August 14, 1997         /s/ James L. Durrell
                              -----------------------------------
                              James L. Durrell
                              (Executive Vice President and
                               Chief Financial Officer)

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