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) May 18, 1999
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Harris Financial, Inc.
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(Exact name of registrant as specified in its charter)
Pennsylvania 0-22399 23-2889833
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(State or other jurisdiction (Commission File Number) (IRS Employer of
incorporation) Identification No.)
235 N. Second Street, Harrisburg, PA 17101
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (717) 236-4041
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(former name or former address, if changed since last report.)
Item 1. Changes in Control of Registrant
None
Item 2. Acquisition or Disposition of Assets
None
Item 3. Bankruptcy or Receivership
None
Item 4. Changes in Registrant's Certifying Account
None
Item 5. Other Events
Naming of Charles C. Pearson, Jr. as Chairman of the Board for Harris
Savings Bank. Mr. Pearson will be replacing Robert E. Kessler,
who was elected Chairman in 1997 and will be retiring after
serving on the board for more than twenty years. Pearson
previously served as President/CEO of PNC Bank's Central Region
and was hired to head Harris Financial, Inc., the parent of
Harris Savings Bank, in January of 1998. Pearson has spent more
than 30 years in the banking industry and has experience in
transforming a mutual savings bank like Harris into a community
bank. In his five years at United Federal Bancorp at State
College, United Federal converted from a mutual savings bank to
a stock company and expanded into consumer and commercial
lending, doubling its size.
Harris Financial, Inc.'s wholly owned subsidiary Harris Savings
Bank held assets of $2.5 billion as of March 31, 1999. Harris
Savings Bank is headquartered in Harrisburg, Pennsylvania and
operates 35 branches in southcentral Pennsylvania and northern
Maryland.
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Item 6. Resignations of Registrant's Directors
None
Item 7. Financial Statements and Exhibits
a. Financial Statements
None
b. Exhibits
None
Item 8. Changes in Fiscal Year
None
Item 9. Sales of Equity Securities Pursuant to Regulation S
None
<PAGE>
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 hereunto duly authorized.
Harris Financial, Inc.
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(Registrant)
May 24, 1999 /s/ James L. Durrell
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(Date) (Signature)*
James L. Durrell,
EVP/CFO
*Print name and title of the signing officer under his signature.
