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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): September 1, 2000
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INDIAN VILLAGE BANCORP, INC.
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(Exact Name of Registrant as Specified in Its Charter)
Pennsylvania 0-25971 34-1891199
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(State or other Jurisdiction of (Commission (IRS Employer
Incorporation or Organization File Number) Identification No.)
100 South Walnut Street, Gnadenhutten, Ohio 44629
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(Address of Principal Executive Offices) (Zip Code)
(740) 254-4313
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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
On September 1, 2000, the Board of Directors of Indian Village Bancorp,
Inc. (the "Company") declared a special cash distribution in the amount of $2.00
per outstanding share of common stock, payable on or about September 29, 2000 to
shareholders of record as of the close of business on September 19, 2000. The
Company expects the majority of the distribution to qualify as a return of
capital, although the exact qualifying amount cannot be confirmed until the
Company determines its operating results for the tax year ending December 31,
2000. The amount that would qualify as a return of capital will be treated as a
reduction in the cost basis of each share and not as a dividend on which
shareholders would have to pay income tax.
The Company's press release, announcing the declaration of the
distribution, is attached as Exhibit 99.1 and incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
Exhibit 99.1 Company's Press Release dated September 5, 2000
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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.
INDIAN VILLAGE BANCORP, INC.
Dated: September 5, 2000 By:/s/Marty R. Lindon
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Marty R. Lindon
President and Chief Executive Officer
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