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 1, 2000
CONSUMERS FINANCIAL CORPORATION
(Exact Name of Registrant as Specified in its Charter)
PENNSYLVANIA 0-2616 23-1666392
(State or Other Jurisdiction (Commission File No.) (I.R.S. Employer
of Incorporation) Identification No.)
1200 Camp Hill By-Pass, Camp Hill, Pennsylvania 17011-3774
(Address of Principal Executive Offices) (Zip Code)
717-730-6306
(Registrant s Telephone Number, Including Area Code)
FORM 8-K CURRENT REPORT
ITEM 5. OTHER EVENTS
On July 1, 2000, the Company did not have sufficient liquid assets to pay
the quarterly dividend due on that date on its 8 1/2% cumulative convertible
preferred stock. Although the Company s wholly-owned subsidiary has sufficient
liquid funds to cover the amount of the July 1 dividend, the transfer of such
funds to the Company is subject to the approval of the Delaware Department of
Insurance. In that regard, the subsidiary has requested the Department s
approval of a dividend payment to the Company for the purpose of paying the
quarterly dividend; however, as of July 5, 2000, no response has been received
from the Department.
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 thereunto duly authorized.
CONSUMERS FINANCIAL CORPORATION
Registrant
Date: July 5, 2000 By /S/ James C. Robertson
James C. Robertson,
President and
Chief Executive Officer
Date July 5, 2000 By /S/ R. Fredric Zullinger
R. Fredric Zullinger
Senior Vice President,
Chief Financial Officer
and Treasurer