EXHIBIT 5





(202) 274-2000

March 10, 2006

The Board of Directors
First Clover Leaf Financial Corp.
300 St. Louis Street
Edwardsville, Illinois 62025

                RE:     FIRST CLOVER LEAF FINANCIAL CORP
                        COMMON STOCK, PAR VALUE $0.10 PER SHARE
                        ---------------------------------------

Gentlemen:

        You have requested the opinion of this firm as to certain matters in
connection with the offer and sale (the "Offering") of the common stock, par
value $0.10 per share ("Common Stock") of First Clover Leaf Financial Corp. (the
"Company"). We have reviewed the Company's Articles of Incorporation,
Registration Statement on Form SB-2 (the "Form SB-2"), as well as applicable
statutes and regulations governing the Company and the offer and sale of the
Common Stock.

        We are of the opinion that upon the declaration of effectiveness of the
Form SB-2, the Common Stock, when sold, will be legally issued, fully paid and
non-assessable.

        We hereby consent to our firm being referenced under the caption "Legal
Matters" and to the filing of this opinion as an exhibit to the Form SB-2.

                                         Very truly yours,


                                         /s/ Luse Gorman Pomerenk & Schick, PC


                                         LUSE GORMAN POMERENK & SCHICK
                                         A PROFESSIONAL CORPORATION