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) ~~August~~November 192, 2015

Wells Financial Corp.

(Exact name of registrant as specified in its charter)

Minnesota	333-202694	41-1799504
(State or other jurisdiction	(Commission File	(IRS Employer
of incorporation)	Number)	Identification No.)

53 First Street, S.W., Wells, Minnesota		56097
(Address of principal executive offices)		(Zip Code)

Registrant's telephone number, including area code:		(507) 553-3151

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: (see General Instruction A.2. below)

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).

WELLS FINANCIAL CORP.

INFORMATION TO BE INCLUDED IN THE REPORT

Section 52 – ~~Corporate~~Financial ~~Governance and Management~~Information

Item 52.02. ~~Departure~~ ofResults ~~Directors or Certain Officers; Election~~ of ~~Directors,~~Operations ~~Appointment~~and ofFinancial ~~Certain Officers; Compensatory Arrangements of Certain Officers~~Condition.

On ~~August~~November 192, 2015, the ~~Board of Directors of Wells Federal Bank (the “Bank”), the wholly-owned subsidiary of Wells Financial Corp. (the “~~Registrant~~”),~~ ~~entered~~issued ~~into~~a anpress ~~employment~~release ~~agreement~~to ~~with~~announce ~~James~~earnings D.for ~~Moll, President and Chief Executive Officer of~~ the ~~Bank, effective as of June 17, 2015 (the “Agreement”).~~quarter ~~The~~and ~~Agreement~~nine ~~has a term of 36~~ months ~~and~~ended ~~provides~~September ~~for a base salary at a rate of not less than his current base salary of $175~~30,~~000~~ ~~per year~~2015. ~~Mr.~~ ~~Moll~~A iscopy ~~entitled to participate in an equitable manner with all other senior management employees~~ of the ~~Bank~~press inrelease ~~discretionary bonuses that may be authorized and declared by the Board of Directors to its senior management employees from time to time. Mr. Moll~~ is ~~also~~furnished ~~entitled~~with tothis ~~participate~~report inas ~~and~~Exhibit receive the benefits of any plan or policy of the Bank which may be or may become applicable to senior management relating to pension or other retirement benefit plans, profit-sharing, stock options or incentive plans, life insurance, short and long term disability, medical or other benefit plans applicable to employees or senior management of the Bank99.1 ~~Mr. Moll may receive a reasonable expense account~~ and ~~reimbursement~~incorporated ~~for~~herein ~~all~~by ~~reasonable out-of-pocket expenses that he incurs in connection with his service for the Bank~~reference. The agreement also provide for certain payments to Mr. Moll following his termination of employment due to a change in control, his death or disability, or upon termination without just cause (as defined in the Agreement).

~~The~~Section ~~above~~9 ~~summary~~– ofFinancial ~~the~~Statements ~~Agreement is qualified in its entirety by reference to the full text of the Agreement, which is attached as Exhibit 10.1 to this Current Report on Form 8-K~~ and ~~is incorporated herein by reference.~~Exhibits

~~Section~~Item 9—.01. Financial Statements and Exhibits.

~~Item 9.01 Financial Statements and~~ (d) Exhibits.:

~~(d) Exhibits~~The following exhibits are being furnished with this report.

10No.1 ~~Employment Agreement between Wells Federal Bank and James D. Moll~~Description

99.1 Press Release dated November 2, 2015

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.

			WELLS FINANCIAL CORP.
Date:	~~August~~November 253, 2015	By:	/s/ James D. Moll
			James D. Moll
			President and Chief Executive Officer
			(Duly Authorized Representative)

Filing Compare · WELLS FINANCIAL CORP