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                                  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) July 29, 2002


                         FIRSTFED AMERICA BANCORP, INC.
                         ------------------------------
             (Exact name of registrant as specified in its charter)

      Delaware                      1-12305                 04-3331237
      --------                      -------                 ----------
(State or other jurisdiction of    (Commission              (IRS Employer
 incorporation or organization)    File Number)             Identification No.)

                 ONE FIRSTFED PARK, Swansea, Massachusetts 02777
                 -----------------------------------------------
              (Address of principal executive offices) (Zip Code)

                                 (508) 679-8181
                                 ---------------
              (Registrant's telephone number, including area code)

                                 Not Applicable
                                 --------------
          (Former name or former address, if changed since last report)






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ITEMS 1, 2, 3, 4, 6, 8 AND 9.     NOT APPLICABLE.

ITEM 5.     OTHER EVENTS.
            ------------

      On July 29, 2002, FIRSTFED AMERICA BANCORP, INC. (the "Company") issued a
press release announcing the consummation of a private placement of 202,430
shares of the Company's common stock, par value $0.01. The press release
announcing the private placement is attached hereto as Exhibit 99.1 and
incorporated by reference herein.

ITEM 7.     FINANCIAL STATEMENTS AND EXHIBITS
            ---------------------------------

      (a)   Financial statements of businesses acquired.

            Not applicable

      (b)   Pro forma financial information.

            Not applicable

      (c)   Exhibits

            Exhibit 99.1   Company Press Release, dated July 29, 2002.




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      Exhibit No.             Description
      -----------             -----------

         99.1      Company Press Release, dated July 29, 2002




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                                   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 hereunto duly authorized.


                                    FIRSTFED AMERICA BANCORP, INC.


Dated: July 29, 2002                By: /s/ Edward A. Hjerpe, III
                                        ------------------------------------
                                        Edward A. Hjerpe, III
                                        Executive Vice President and
                                        Chief Financial Officer






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