As filed with the Securities and Exchange Commission on December 10, 1999
                                                     Registration No. 333-______

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                 --------------

                                    Form S-8
                             REGISTRATION STATEMENT
                        UNDER THE SECURITIES ACT OF 1933

                                 --------------

                                 TRM CORPORATION
             (Exact name of registrant as specified in its charter)

                                 --------------

                      OREGON                          93-0809419
          (State or other jurisdiction              (IRS Employer
        of incorporation or organization)         Identification No.)

               5208 NE 122nd Avenue
                 Portland, Oregon                     97230-1074
              (Address of Principal                   (Zip Code)
                Executive Offices)

                                 --------------

                                 TRM Corporation
                         Restated 1996 Stock Option Plan
                              (Full title of plan)

                                   Shami Patel
              Vice President of Finance and Chief Financial Officer
                                 TRM Corporation
                              5208 NE 122nd Avenue
                             Portland, OR 97230-1074
                     (Name and address of agent for service)

   Telephone number, including area code, of agent for service: (503) 257-8766

                                    Copy to:

                                 Todd A. Bauman
                                 Stoel Rives LLP
                         900 SW Fifth Avenue, Suite 2600
                           Portland, Oregon 97204-1268

<PAGE>
<TABLE>
<CAPTION>
                                        CALCULATION OF REGISTRATION FEE
-------------------------------------------------------------------------------------------------------------
                                                 Proposed Maximum      Proposed Maximum
 Title of Securities to be      Amount to Be      Offering Price      Aggregate Offering         Amount of
         Registered              Registered        Per Share(1)            Price(1)          Registration Fee
-------------------------------------------------------------------------------------------------------------
        <S>                    <C>                    <C>                 <C>                     <C>
        Common Stock           500,000 Shares         $6.0625             $3,031,250              $800.25
-------------------------------------------------------------------------------------------------------------

(1)  The proposed maximum offering price per share and the proposed maximum aggregate offering price are
     estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(h) of the
     Securities Act of 1933. The calculation of the registration fee for the 500,000 shares is based on
     $6.0625 which was the average of the high and low prices reported for the Common Stock on December 9,
     1999 as reported in The Wall Street Journal for Nasdaq National Market issues.
</TABLE>


<PAGE>
                                     PART II

               INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

Item 3. Incorporation of Documents By Reference.
        ----------------------------------------

     The following documents filed by TRM Corporation (the "Company") with the
Securities and Exchange Commission are incorporated herein by reference:

     (a) The Company's latest annual report filed pursuant to Section 13(a) or
15(d) of the Securities Exchange Act of 1934 or the latest prospectus filed
pursuant to rule 424(b) under the Securities Act of 1933 that contains audited
financial statements for the Company's latest fiscal year for which such
statements have been filed.

     (b) All other reports filed pursuant to Section 13(a) or 15(d) of the
Securities Exchange Act of 1934 since the end of the fiscal year covered by the
annual report or prospectus referred to in (a) above.

     (c) The description of the authorized capital stock of the Company
contained in the Company's registration statement filed under section 12 of the
Securities Exchange Act of 1934, including any amendment or report filed for the
purpose of updating the description.

     All reports and other documents subsequently filed by the Company pursuant
to sections 13(a) and (c), 14 and 15(d) of the Securities Exchange Act of 1934,
as amended, prior to the filing of a post-effective amendment which indicates
that all securities offered hereby have been sold or which deregisters all
securities remaining unsold, shall be deemed to be incorporated by reference
herein and to be a part hereof from the date of the filing of such reports and
documents.

Item 4. Description of Securities.
        --------------------------

     Not Applicable.

Item 5. Interests of Named Experts and Counsel.
        ---------------------------------------

     Not Applicable.

Item 6. Indemnification of Directors and Officers.
        ------------------------------------------

     Article VII of the Company's Restated Articles of Incorporation provides
for indemnification of directors and officers to the full extent and under the
circumstances permitted by the Oregon Business Corporation Act. The Bylaws
contain similar indemnification provisions. The effects of the Articles, Bylaws
and the Oregon Business Corporation Act (the "Indemnification Provisions") are
summarized as follows:

     (a) The Indemnification Provisions grant a right of indemnification in
respect of any action, suit or proceeding (other than an action by or in the
right of the Company) against expenses (including attorneys' fees), judgments,
fines, and amounts paid in settlement actually and reasonably

                                      II-1
<PAGE>
incurred, if the person concerned acted in good faith and in a manner the person
reasonably believed to be in or not opposed to the best interests of the
Company, was not adjudged liable on the basis of receipt of an improper personal
benefit and, with respect to any criminal action or proceeding, had not
reasonable cause to believe the conduct was unlawful. The termination of an
action, suit, or proceeding by judgment, order, settlement, conviction, or plea
of nolo contendere does not, of itself, create a presumption that the person did
not meet the required standards of conduct.

     (b) The Indemnification Provisions grant a right of indemnification in
respect of any action or suit by or in the right of the Company against the
expenses (including attorneys' fees) actually and reasonably incurred if the
person concerned acted in good faith and in a manner the person reasonably
believed to be in or not opposed to the best interests of the Company, except
that no right of indemnification will be granted if the person is adjudged to be
liable to the Company.

     (c) Every person who has been wholly successful on the merits of a
controversy described in (a) or (b) above is entitled to indemnification as a
matter of right.

     (d) Because the limits of permissible indemnification under Oregon law are
not clearly defined, the Indemnification Provisions may provide indemnification
broader than that described in (a) and (b).

     Article VIII, part (c) of the Company's Bylaws provides that the Company
will advance to a director or officer the expenses incurred in defending any
action, suit or proceeding in advance of its final disposition if the director
or officer affirms in good faith that he or she has met the standard of conduct
to be entitled to indemnification as described in (a) or (b) above and
undertakes to repay any amount advanced if it is determined that the person did
not meet the required standard of conduct.

     The Company's Articles and Bylaws provide that the Company may also
indemnify its employees and agents to the fullest extent permitted by law.

     The Company may obtain insurance for the protection of its directors and
officers against any liability asserted against them in their official
capacities.

     The rights of indemnification described above are not exclusive of any
other rights of indemnification to which the persons indemnified may be entitled
under any bylaw, agreement, statute, policy of insurance, vote of shareholders
or Board of Directors or otherwise.

     Insofar as indemnification for liabilities arising under the Securities Act
of 1933 may be permitted to directors, officers or persons controlling the
Company pursuant to the foregoing provisions, the Company has been informed that
in the opinion of the Securities and Exchange Commission such indemnification is
against public policy as expressed in the Securities Act of 1933 and is
therefore unenforceable.

Item 7. Exemption From Registration Claimed.
        ------------------------------------

     Not Applicable.

                                      II-2
<PAGE>
Item 8. Exhibits.
        ---------

     4A    Restated Articles of Incorporation of the Company (Incorporated by
           reference to Exhibit 3.1(b) of the Company's Form 10-K for the fiscal
           year ended June 30, 1998).

     4B    Restated Bylaws of the Company (Incorporated by reference to Exhibit
           3.2 to the Company's Form 10-K for the fiscal year ended June 30,
           1998).

     5     Opinion of Stoel Rives LLP.

     23.1  Consent of KPMG LLP.

     23.2  Consent of Stoel Rives LLP (see Exhibit 5).

     24    Powers of Attorney (see page II-5 of the Registration Statement)..

Item 9. Undertakings.
        -------------

     (a) The undersigned registrant hereby undertakes:

          (1) To file, during any period in which offers or sales are being
     made, a post-effective amendment to this registration statement:

               (i) To include any prospectus required by section 10(a)(3) of the
          Securities Act of 1933;

               (ii) To reflect in the prospectus any facts or events arising
          after the effective date of the registration statement (or the most
          recent post-effective amendment thereof) which, individually or in the
          aggregate, represent a fundamental change in the information set forth
          in the registration statement. Notwithstanding the foregoing, any
          increase or decrease in volume of securities offered (if the total
          dollar value of the securities offered would not exceed that which was
          registered) and any deviation from the low or high end of the
          estimated maximum offering range may be reflected in the form of
          prospectus filed with the Commission pursuant to Rule 424(b) if, in
          the aggregate, the changes in volume and price represent no more than
          a 20% change in the maximum aggregate offering price set forth in the
          "Calculation of Registration Fee" table in the effective registration
          statement.

               (iii) To include any material information with respect to the
          plan of distribution not previously disclosed in the registration
          statement or any material change to such information in the
          registration statement;

     PROVIDED, HOWEVER, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if
the information required to be included in a post-effective amendment by those
paragraphs is contained

                                      II-3
<PAGE>
in periodic reports filed by the registrant pursuant to section 13 or section
15(d) of the Securities Exchange Act of 1934 that are incorporated by reference
in the registration statement.

          (2) That, for the purpose of determining any liability under the
     Securities Act of 1933, each such post-effective amendment shall be deemed
     to be a new registration statement relating to the securities offered
     therein, and the offering of such securities at that time shall be deemed
     to be the initial bona fide offering thereof.

          (3) To remove from registration by means of a post-effective amendment
     any of the securities being registered which remain unsold at the
     termination of the offering.

     (b) The undersigned registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act of 1933, each filing of the
registrant's annual report pursuant to section 13(a) or section 15(d) of the
Securities Exchange Act of 1934 that is incorporated by reference in the
registration statement shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of such securities
at that time shall be deemed to be the initial bona fide offering thereof.

     (c) Insofar as indemnification for liabilities arising under the Securities
Act of 1933 may be permitted to directors, officers and controlling persons of
the registrant pursuant to the foregoing provisions, or otherwise, the
registrant has been advised that in the opinion of the Securities and Exchange
Commission such indemnification is against public policy as expressed in the Act
and is, therefore, unenforceable. In the event that a claim for indemnification
against such liabilities (other than the payment by the registrant of expenses
incurred or paid by a director, officer or controlling person of the registrant
in the successful defense of any action, suit or proceeding) is asserted by such
director, officer or controlling person in connection with the securities being
registered, the registrant will, unless in the opinion of its counsel the matter
has been settled by controlling precedent, submit to a court of appropriate
jurisdiction the question whether such indemnification by it is against public
policy as expressed in the Act and will be governed by the final adjudication of
such issue.

                                      II-4
<PAGE>
                                   SIGNATURES

     Pursuant to the requirements of the Securities Act of 1933, the Company
certifies that it has reasonable grounds to believe that it meets all of the
requirements for filing on Form S-8 and has duly caused this registration
statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Portland, State of Oregon, on December 7, 1999.

                                       TRM CORPORATION


                                       By: SHAMI PATEL
                                           -------------------------------------
                                           Shami Patel
                                           Vice President of Finance and
                                           Chief Financial Officer

     KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears
below hereby constitutes and appoints Frederic P. Stockton and Shami Patel, and
each of them, his or her true and lawful attorneys-in-fact and agents, each with
full power and substitution, for him or her and in his or her name, place and
stead, in any and all capacities, to sign any or all amendments to this
Registration Statement on Form S-8 and to file the same, with all exhibits
thereto and other documents in connection therewith, with the Securities and
Exchange Commission, granting unto said attorneys-in-fact and agents full power
and authority to do and perform each and every act and thing requisite and
necessary to be done in connection with this Registration Statement, as fully to
all intents and purposes as he might or could do in person, hereby ratifying and
confirming all that any of said attorneys-in-fact and agents, or his substitute
or substitutes, may lawfully do or cause to be done by virtue hereof.

     Pursuant to the requirements of the Securities Act of 1933, this
registration statement has been signed by the following persons in the
capacities indicated on this 7th day of December, 1999.

              Signature                               Title
              ---------                               -----

(1)  Principal Executive Officer:

     FREDERIC P. STOCKTON
     ----------------------------------     President, CEO and Director
     Frederic P. Stockton


(2)  Principal Financial Officer:

     SHAMI PATEL
     ----------------------------------     Vice President, Finance and CFO
     Shami Patel

                                      II-5
<PAGE>
(3)  Directors:

     EDWARD E. COHEN
     ----------------------------------     Chairman of the Board of
     Edward E. Cohen                        Directors


     DEBBI HURD BAPTIST
     ----------------------------------     Director
     Debbi Hurd Baptist


     DANIEL G. COHEN
     ----------------------------------     Director
     Daniel G. Cohen


     JOSEPH G. DENTON
     ----------------------------------     Director
     Joseph G. Denton


     KENT B. GODFREY
     ----------------------------------     Director
     Kent B. Godfrey



     ----------------------------------     Director
     Joel R. Mesznik


     FREDERICK O. PAULSELL
     ----------------------------------     Director
     Frederick O. Paulsell


     KENNETH L. TEPPER
     ----------------------------------     Director
     Kenneth L. Tepper

                                      II-6
<PAGE>
                                  EXHIBIT INDEX

Exhibit                                                          Sequential Page
Number      Document Description                                      Number
-------     --------------------                                 ---------------

  4A        Restated Articles of Incorporation of TRM                   --
            Corporation (the "Company") (Incorporated by
            reference to Exhibit 3.1(b) to the Company's
            Form 10-K for the fiscal year ended June 30,
            1998).

  4B        Restated Bylaws of the Company (Incorporated                --
            by reference to Exhibit 3.2 to the Company's
            10-K for the fiscal year ended June 30, 1998).

  5         Opinion of Stoel Rives LLP.                                 --

  23.1      Consent of KPMG LLP.                                        --

  23.2      Consent of Stoel Rives LLP
            (see Exhibit 5).

  24        Powers of Attorney (see page II-5 of the                    --
            Registration Statement).

                                      II-7
[{"type": "S-8", "sequence": "1", "description": "REGISTRATION STATEMENT", "secsgml_size_bytes": 18760}]
{"company-data": {"conformed-name": "TRM CORP", "cik": "0000749254", "assigned-sic": "7200", "irs-number": "930809419", "state-of-incorporation": "OR", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-92535", "film-number": "99772709"}, "business-address": {"street1": "5208 N E 122ND AVENUE", "city": "PORTLAND", "state": "OR", "zip": "97230-1074", "phone": "5032578766"}, "former-company": {"former-conformed-name": "TRM COPY CENTERS CORP", "date-changed": "19940411"}}
As filed with the Securities and Exchange Commission on December 10, 1999
                                                     Registration No. 333-______

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                 --------------

                                    Form S-8
                             REGISTRATION STATEMENT
                        UNDER THE SECURITIES ACT OF 1933

                                 --------------

                                 TRM CORPORATION
             (Exact name of registrant as specified in its charter)

                                 --------------

                      OREGON                          93-0809419
          (State or other jurisdiction              (IRS Employer
        of incorporation or organization)         Identification No.)

               5208 NE 122nd Avenue
                 Portland, Oregon                     97230-1074
              (Address of Principal                   (Zip Code)
                Executive Offices)

                                 --------------

                                 TRM Corporation
                         Restated 1996 Stock Option Plan
                              (Full title of plan)

                                   Shami Patel
              Vice President of Finance and Chief Financial Officer
                                 TRM Corporation
                              5208 NE 122nd Avenue
                             Portland, OR 97230-1074
                     (Name and address of agent for service)

   Telephone number, including area code, of agent for service: (503) 257-8766

                                    Copy to:

                                 Todd A. Bauman
                                 Stoel Rives LLP
                         900 SW Fifth Avenue, Suite 2600
                           Portland, Oregon 97204-1268
CALCULATION OF REGISTRATION FEE
-------------------------------------------------------------------------------------------------------------
                                                 Proposed Maximum      Proposed Maximum
 Title of Securities to be      Amount to Be      Offering Price      Aggregate Offering         Amount of
         Registered              Registered        Per Share(1)            Price(1)          Registration Fee
-------------------------------------------------------------------------------------------------------------
Common Stock           500,000 Shares         $6.0625             $3,031,250              $800.25
-------------------------------------------------------------------------------------------------------------

(1)  The proposed maximum offering price per share and the proposed maximum aggregate offering price are
     estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(h) of the
     Securities Act of 1933. The calculation of the registration fee for the 500,000 shares is based on
     $6.0625 which was the average of the high and low prices reported for the Common Stock on December 9,
     1999 as reported in The Wall Street Journal for Nasdaq National Market issues.
PART II

               INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

Item 3. Incorporation of Documents By Reference.
        ----------------------------------------

     The following documents filed by TRM Corporation (the "Company") with the
Securities and Exchange Commission are incorporated herein by reference:

     (a) The Company's latest annual report filed pursuant to Section 13(a) or
15(d) of the Securities Exchange Act of 1934 or the latest prospectus filed
pursuant to rule 424(b) under the Securities Act of 1933 that contains audited
financial statements for the Company's latest fiscal year for which such
statements have been filed.

     (b) All other reports filed pursuant to Section 13(a) or 15(d) of the
Securities Exchange Act of 1934 since the end of the fiscal year covered by the
annual report or prospectus referred to in (a) above.

     (c) The description of the authorized capital stock of the Company
contained in the Company's registration statement filed under section 12 of the
Securities Exchange Act of 1934, including any amendment or report filed for the
purpose of updating the description.

     All reports and other documents subsequently filed by the Company pursuant
to sections 13(a) and (c), 14 and 15(d) of the Securities Exchange Act of 1934,
as amended, prior to the filing of a post-effective amendment which indicates
that all securities offered hereby have been sold or which deregisters all
securities remaining unsold, shall be deemed to be incorporated by reference
herein and to be a part hereof from the date of the filing of such reports and
documents.

Item 4. Description of Securities.
        --------------------------

     Not Applicable.

Item 5. Interests of Named Experts and Counsel.
        ---------------------------------------

     Not Applicable.

Item 6. Indemnification of Directors and Officers.
        ------------------------------------------

     Article VII of the Company's Restated Articles of Incorporation provides
for indemnification of directors and officers to the full extent and under the
circumstances permitted by the Oregon Business Corporation Act. The Bylaws
contain similar indemnification provisions. The effects of the Articles, Bylaws
and the Oregon Business Corporation Act (the "Indemnification Provisions") are
summarized as follows:

     (a) The Indemnification Provisions grant a right of indemnification in
respect of any action, suit or proceeding (other than an action by or in the
right of the Company) against expenses (including attorneys' fees), judgments,
fines, and amounts paid in settlement actually and reasonably

                                      II-1
incurred, if the person concerned acted in good faith and in a manner the person
reasonably believed to be in or not opposed to the best interests of the
Company, was not adjudged liable on the basis of receipt of an improper personal
benefit and, with respect to any criminal action or proceeding, had not
reasonable cause to believe the conduct was unlawful. The termination of an
action, suit, or proceeding by judgment, order, settlement, conviction, or plea
of nolo contendere does not, of itself, create a presumption that the person did
not meet the required standards of conduct.

     (b) The Indemnification Provisions grant a right of indemnification in
respect of any action or suit by or in the right of the Company against the
expenses (including attorneys' fees) actually and reasonably incurred if the
person concerned acted in good faith and in a manner the person reasonably
believed to be in or not opposed to the best interests of the Company, except
that no right of indemnification will be granted if the person is adjudged to be
liable to the Company.

     (c) Every person who has been wholly successful on the merits of a
controversy described in (a) or (b) above is entitled to indemnification as a
matter of right.

     (d) Because the limits of permissible indemnification under Oregon law are
not clearly defined, the Indemnification Provisions may provide indemnification
broader than that described in (a) and (b).

     Article VIII, part (c) of the Company's Bylaws provides that the Company
will advance to a director or officer the expenses incurred in defending any
action, suit or proceeding in advance of its final disposition if the director
or officer affirms in good faith that he or she has met the standard of conduct
to be entitled to indemnification as described in (a) or (b) above and
undertakes to repay any amount advanced if it is determined that the person did
not meet the required standard of conduct.

     The Company's Articles and Bylaws provide that the Company may also
indemnify its employees and agents to the fullest extent permitted by law.

     The Company may obtain insurance for the protection of its directors and
officers against any liability asserted against them in their official
capacities.

     The rights of indemnification described above are not exclusive of any
other rights of indemnification to which the persons indemnified may be entitled
under any bylaw, agreement, statute, policy of insurance, vote of shareholders
or Board of Directors or otherwise.

     Insofar as indemnification for liabilities arising under the Securities Act
of 1933 may be permitted to directors, officers or persons controlling the
Company pursuant to the foregoing provisions, the Company has been informed that
in the opinion of the Securities and Exchange Commission such indemnification is
against public policy as expressed in the Securities Act of 1933 and is
therefore unenforceable.

Item 7. Exemption From Registration Claimed.
        ------------------------------------

     Not Applicable.

                                      II-2
Item 8. Exhibits.
        ---------

     4A    Restated Articles of Incorporation of the Company (Incorporated by
           reference to Exhibit 3.1(b) of the Company's Form 10-K for the fiscal
           year ended June 30, 1998).

     4B    Restated Bylaws of the Company (Incorporated by reference to Exhibit
           3.2 to the Company's Form 10-K for the fiscal year ended June 30,
           1998).

     5     Opinion of Stoel Rives LLP.

     23.1  Consent of KPMG LLP.

     23.2  Consent of Stoel Rives LLP (see Exhibit 5).

     24    Powers of Attorney (see page II-5 of the Registration Statement)..

Item 9. Undertakings.
        -------------

     (a) The undersigned registrant hereby undertakes:

          (1) To file, during any period in which offers or sales are being
     made, a post-effective amendment to this registration statement:

               (i) To include any prospectus required by section 10(a)(3) of the
          Securities Act of 1933;

               (ii) To reflect in the prospectus any facts or events arising
          after the effective date of the registration statement (or the most
          recent post-effective amendment thereof) which, individually or in the
          aggregate, represent a fundamental change in the information set forth
          in the registration statement. Notwithstanding the foregoing, any
          increase or decrease in volume of securities offered (if the total
          dollar value of the securities offered would not exceed that which was
          registered) and any deviation from the low or high end of the
          estimated maximum offering range may be reflected in the form of
          prospectus filed with the Commission pursuant to Rule 424(b) if, in
          the aggregate, the changes in volume and price represent no more than
          a 20% change in the maximum aggregate offering price set forth in the
          "Calculation of Registration Fee" table in the effective registration
          statement.

               (iii) To include any material information with respect to the
          plan of distribution not previously disclosed in the registration
          statement or any material change to such information in the
          registration statement;

     PROVIDED, HOWEVER, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if
the information required to be included in a post-effective amendment by those
paragraphs is contained

                                      II-3
in periodic reports filed by the registrant pursuant to section 13 or section
15(d) of the Securities Exchange Act of 1934 that are incorporated by reference
in the registration statement.

          (2) That, for the purpose of determining any liability under the
     Securities Act of 1933, each such post-effective amendment shall be deemed
     to be a new registration statement relating to the securities offered
     therein, and the offering of such securities at that time shall be deemed
     to be the initial bona fide offering thereof.

          (3) To remove from registration by means of a post-effective amendment
     any of the securities being registered which remain unsold at the
     termination of the offering.

     (b) The undersigned registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act of 1933, each filing of the
registrant's annual report pursuant to section 13(a) or section 15(d) of the
Securities Exchange Act of 1934 that is incorporated by reference in the
registration statement shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of such securities
at that time shall be deemed to be the initial bona fide offering thereof.

     (c) Insofar as indemnification for liabilities arising under the Securities
Act of 1933 may be permitted to directors, officers and controlling persons of
the registrant pursuant to the foregoing provisions, or otherwise, the
registrant has been advised that in the opinion of the Securities and Exchange
Commission such indemnification is against public policy as expressed in the Act
and is, therefore, unenforceable. In the event that a claim for indemnification
against such liabilities (other than the payment by the registrant of expenses
incurred or paid by a director, officer or controlling person of the registrant
in the successful defense of any action, suit or proceeding) is asserted by such
director, officer or controlling person in connection with the securities being
registered, the registrant will, unless in the opinion of its counsel the matter
has been settled by controlling precedent, submit to a court of appropriate
jurisdiction the question whether such indemnification by it is against public
policy as expressed in the Act and will be governed by the final adjudication of
such issue.

                                      II-4
SIGNATURES

     Pursuant to the requirements of the Securities Act of 1933, the Company
certifies that it has reasonable grounds to believe that it meets all of the
requirements for filing on Form S-8 and has duly caused this registration
statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Portland, State of Oregon, on December 7, 1999.

                                       TRM CORPORATION

                                       By: SHAMI PATEL
                                           -------------------------------------
                                           Shami Patel
                                           Vice President of Finance and
                                           Chief Financial Officer

     KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears
below hereby constitutes and appoints Frederic P. Stockton and Shami Patel, and
each of them, his or her true and lawful attorneys-in-fact and agents, each with
full power and substitution, for him or her and in his or her name, place and
stead, in any and all capacities, to sign any or all amendments to this
Registration Statement on Form S-8 and to file the same, with all exhibits
thereto and other documents in connection therewith, with the Securities and
Exchange Commission, granting unto said attorneys-in-fact and agents full power
and authority to do and perform each and every act and thing requisite and
necessary to be done in connection with this Registration Statement, as fully to
all intents and purposes as he might or could do in person, hereby ratifying and
confirming all that any of said attorneys-in-fact and agents, or his substitute
or substitutes, may lawfully do or cause to be done by virtue hereof.

     Pursuant to the requirements of the Securities Act of 1933, this
registration statement has been signed by the following persons in the
capacities indicated on this 7th day of December, 1999.

              Signature                               Title
              ---------                               -----

(1)  Principal Executive Officer:

     FREDERIC P. STOCKTON
     ----------------------------------     President, CEO and Director
     Frederic P. Stockton

(2)  Principal Financial Officer:

     SHAMI PATEL
     ----------------------------------     Vice President, Finance and CFO
     Shami Patel

                                      II-5
(3)  Directors:

     EDWARD E. COHEN
     ----------------------------------     Chairman of the Board of
     Edward E. Cohen                        Directors

     DEBBI HURD BAPTIST
     ----------------------------------     Director
     Debbi Hurd Baptist

     DANIEL G. COHEN
     ----------------------------------     Director
     Daniel G. Cohen

     JOSEPH G. DENTON
     ----------------------------------     Director
     Joseph G. Denton

     KENT B. GODFREY
     ----------------------------------     Director
     Kent B. Godfrey

     ----------------------------------     Director
     Joel R. Mesznik

     FREDERICK O. PAULSELL
     ----------------------------------     Director
     Frederick O. Paulsell

     KENNETH L. TEPPER
     ----------------------------------     Director
     Kenneth L. Tepper

                                      II-6
EXHIBIT INDEX

Exhibit                                                          Sequential Page
Number      Document Description                                      Number
-------     --------------------                                 ---------------

  4A        Restated Articles of Incorporation of TRM                   --
            Corporation (the "Company") (Incorporated by
            reference to Exhibit 3.1(b) to the Company's
            Form 10-K for the fiscal year ended June 30,
            1998).

  4B        Restated Bylaws of the Company (Incorporated                --
            by reference to Exhibit 3.2 to the Company's
            10-K for the fiscal year ended June 30, 1998).

  5         Opinion of Stoel Rives LLP.                                 --

  23.1      Consent of KPMG LLP.                                        --

  23.2      Consent of Stoel Rives LLP
            (see Exhibit 5).

  24        Powers of Attorney (see page II-5 of the                    --
            Registration Statement).

                                      II-7