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SEC Potential persons who are to respond to the collection of information
1745(3- contained in this form are not required to respond unless the form
98) displays acurrently valid OMB control number.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
LIFE FINANCIAL CORPORATION
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(Name of Issuer)
COMMON STOCK, PAR VALUE $.01 PER SHARE
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(Title of Class of Securities)
53184P101
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(CUSIP Number)
MAY 1, 2000
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[_] Rule 13d-1(b)
[X] Rule 13d-1(c)
[_] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
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CUSIP NO. 53184P101
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NAMES OF REPORTING PERSONS.
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
95-6059097
SAN BERNARDINO COUNTY SAFETY EMPLOYEES' ASSN. 33-0597494
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
2 (a) [_]
(b) [_]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
CALIFORNIA, USA
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SOLE VOTING POWER
5
NUMBER OF 442,700
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
0
OWNED BY
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EACH SOLE DISPOSITIVE POWER
7
REPORTING 442,700
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
0
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
442,700
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CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
10 (SEE INSTRUCTIONS)
[_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11
6.6
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
12 CO
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SCHEDULE 13G -- TO BE INCLUDED IN STATEMENTS
FILED PURSUANT TO RULE 13D-1(c)
Item 1(a) Life Financial Corporation
Item 1(b) 10540 North Magnolia Ave, Suite B
Riverside, CA 92503
Item 2(a) San Bernardino County Safety Employees' Association
Item 2(b) 555 North E Street, San Bernardino, CA 92401
Item 2(c) Not Applicable
Item 2(d) Common Stock
Item 2(e) 53184P101
Item 3 Not Applicable
Item 4(a) 442,700
Item 4(b) 6.6%
Item 4(c) (i) 442,700
(ii) 0
(ii) 442,700
(iii) 0
Item 5 Not Applicable
Item 6 Not Applicable
Item 7 Not Applicable
Item 8 Not Applicable
Item 9 Not Applicable
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Item 10 By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and
are not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were
not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
May 4, 2000
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Date
/s/ James H. Erwin
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Signature
James H. Erwin / President
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Name/Title
