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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 22, 1999
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SECURITY OF PENNSYLVANIA FINANCIAL CORP.
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(Exact name of registrant as specified in its charter)
Delaware 1-14577 23-2980576
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(State or other Jurisdiction o(Commission (IRS Employer
incorporation or organization)File Number) Identification No.)
31 W. Broad Street, Hazleton, Pennsylvania 18201
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(Address of principal executive offices)
(570) 454-0824
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(Registrant's telephone number, including area code)
Not Applicable
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(Former name or former address, if changed since last report.)
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ITEM 5. OTHER EVENTS.
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On July 22, 1999, Security of Pennsylvania Financial Corp. (the
"Company"), issued a press release which announced the declaration of a cash
dividend for the fiscal quarter ended June 30, 1999.
A press release announcing the declaration of a cash dividend is attached
as Exhibit 99.1.
ITEM 7. FINANCIAL STATEMENTS AND OTHER EXHIBITS.
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Exhibit 99.1 Press Release dated July 22, 1999.
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.
Dated: July 23, 1999 By: /s/ Richard C. Laubach
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Richard C. Laubach
President and Chief Executive Officer
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EXHIBIT 99.1 PRESS RELEASE
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PRESS RELEASE
SECURITY OF PENNSYLVANIA FINANCIAL CORP.
ANNOUNCES CASH DIVIDEND
Contact: Richard C. Laubach
President and Chief Executive Officer
Security of Pennsylvania Financial Corp.
(570) 454-0824
Hazleton, Pennsylvania
AMEX Trading Symbol: SPN
July 22, 1999
The Board of Directors of Security of Pennsylvania Financial Corp. today
announced a cash dividend for the quarter ended June 30, 1999, of $0.05 per
share to stockholders of record on August 6, 1999. Payment of the cash
dividend will be made on August 20, 1999.
The Common Stock of Security of Pennsylvania Financial Corp. is listed on
The American Stock Exchange under the symbol "SPN."
Security of Pennsylvania Financial Corp. acquired all of the outstanding
capital stock of Security Savings Association of Hazleton upon its conversion
from a Pennsylvania-chartered mutual savings and loan association to a
Pennsylvania-chartered stock savings and loan association on December 30, 1998.
Security Savings Association of Hazleton is headquartered in Hazleton,
Pennsylvania.