UNITED FINANCIAL HOLDINGS INC
8-K, 2000-10-06
STATE COMMERCIAL BANKS
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                     U.S. 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): October 6, 2000





                         UNITED FINANCIAL HOLDINGS, INC.
             (Exact name of registrant as specified in its charter)













               Florida                    005-55641            59-2156002
   (State or Other Jurisdiction of  (Commission File Number) (IRS Employer
    Incorporation or Organization)                           Identification No.)

                        333 Third Avenue North, Suite 200
                       St. Petersburg, Florida 33701-3346
                    (Address of Principal Executive Offices)

                                 (727) 898-2265
                (Issuer's Telephone Number, Including Area Code)



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<PAGE>
Item 5.  Other Events


         On October 6, 2000,  we reported  that the United  Financial  agreed to
purchase  100% of the stock of First  Security  Bank,  located in Sarasota.  The
press release relating to this matter is included in this filing as Exhibit 99.

         Statements in this release may  constitute  forward-looking  statements
that are based on the current beliefs and  expectations  of our  management,  as
well as  assumptions  made by,  and  information  currently  available  to,  our
management. Forward-looking statements are based largely on expectations and are
subject  to a number of risks and  uncertainties  including  but not  limited to
economic, competitive and other factors affecting us and our operations.


Exhibit 99
Press Release Dated October 6, 2000



                                    Signature

         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.

                                         UNITED FINANCIAL HOLDINGS, INC.

Date:     October 6, 2000                By:    /s/ Neil W. Savage
       ------------------------          ---------------------------------------
                                         Neil W. Savage
                                         President and Chief Executive Officer







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