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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES AND EXCHANGE ACT OF 1934
Date of Report: April 24, 1998
MECH FINANCIAL, INC.
Exact name of registrant as specified in its charter
STATE OF CONNECTICUT 000-23557 06-1500984
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State or other jurisdiction Commission File IRS Employer
of Incorporation Number Identification No.
100 PEARL STREET
HARTFORD, CT 06103
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Address of principal executive offices (Zip Code)
Registrant's phone number: (860) 293-4000
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ITEM 5.
OTHER EVENTS
The Board of Directors of MECH Financial, Inc. (NASDAQ: MECH), the bank holding
company for Mechanics Savings Bank, declared its first quarterly dividend on
April 21, 1998 of $0.15 per share on its common stock. The dividend will be
payable on May 15, 1998 to shareholders of record on May 1, 1998. This is the
first dividend the Company will pay since converting from a mutual bank to a
stock bank on June 25, 1996.
Mechanics Savings Bank is a Connecticut-chartered savings bank with total assets
of $946 million as of March 31, 1998.
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has caused the report to be signed on its behalf by the undersigned
hereunto duly authorized.
MECH Financial, Inc.
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Registrant
Date: April 24, 1998 By: /s/ Thomas M. Wood
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Thomas M. Wood, Executive Vice
and Treasurer