FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * TOWNSEND KENT G   2. Issuer Name and Ticker or Trading Symbol CAPITOL FEDERAL FINANCIAL [CFFN] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Executive Vice Pres & CFO (Last) (First) (Middle) 3. Date of Earliest Transaction (Month/Day/Year) 12/30/2005 (Street)   4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Capitol Federal Financial               33,910 D   Capitol Federal Financial               25 I Custodian for Son Capitol Federal Financial               10,969 I ESOP

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Capitol Federal Financial Incentive Stock Option 8/23/2005

$ 33.88

(1)

08/23/2015

Capitol Federal Financial Common Stock

14,755

14,755

D

Capitol Federal Fin Non-Qualified Stock Option (08/23/05

$ 33.88

(2)

08/23/2020

Capitol Federal Financial Common Stock

15,245

15,245

D

Capitol Federal Financial Incentive Stock Option(04/18/2000)

$ 9.22

(3)

04/18/2010

Capitol Federal Financial Common Stock

11,991

11,991

D

Capitol Federal Fin Non-Qualified Stock Option (04/18/2000)

$ 9.22

(4)

04/18/2015

Capitol Federal Financial Common Stock

1,155

1,155

D

Capitol Federal Financial Phantom Stock 2003

$ 28.8

(5)

01/25/2006

Capitol Federal Financial Common Stock

742

742

D

Capitol Federal Financial Phantom Stock 2004

$ 36.07

(5)

01/25/2007

Capitol Federal Financial

157

157

D

Capitol Federal Financial 2006

$ 32.94

12/30/2005

A

790

(5)

01/25/2009

Capitol Federal Financial Common Stock

790

$ 32.94

790

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
TOWNSEND KENT G			Executive Vice Pres & CFO

Signatures

James D. Wempe, Power of Attorney		01/03/2006
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	A total of 2,951 options will vest of each of the following dates; August 23, 2006, August 23, 2007, August 23, 2008, August 23, 2009 and August 23, 2010.
(2)	A total of 3,049 options will vest on each of the following dates, August 23, 2006, August 23, 2007, August 23, 2008, August 23, 2009 and August 23, 2010.
(3)	10,845 options vested on each of the following dates; April 18, 2000, April 18, 2001, April 18, 2002, April 18, 2003 and April 18, 2004.
(4)	1,155 options vested on each of the following dates; April 18, 2000, April 18, 2001, April 18, 2002, April 18, 2003 and April 18, 2004.
(5)	Phantom stock units were acquired under the Company's Deferred Incentive Bonus Plan. The units are deemed sold and settled in cash in three years from date of acquisition.

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