PROVIDIAN CORP
8-K, 1997-06-02
LIFE INSURANCE
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                       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: June 2, 1997


                              Providian Corporation
             (Exact name of Registrant as Specified in its Charter)

 Delaware                           1-6701                      51-0108922
(State or Other jurisdiction  (Commmission File Number)       (IRS Employer
  of Incorporation)                                        Identification No.)


Providian Center, 400 West Market Street, Louisville,  Kentucky   40202
(Address of Principal Executive Offices)                      (Zip Code)


     Registrant's telephone number, including area code: (502) 560-2000



                                 Not Applicable
          (Former Name or Former Address, if Changed Since Last Report)



<PAGE>


Item 5.  Other Events.

         On May 30, 1997, the Registrant  announced that it had set a new record
date of June 10, 1997 for  spin-off  of its wholly  owned  subsidiary  Providian
Bancorp,  Inc. to the  shareholders  of the Registrant (the  "Distribution")  in
connection  with the  merger of  Registrant's  insurance  operations  with AEGON
U.S.A., a wholly owned subsidiary of AEGON N.V. In addition, Providian said that
the Providian annual shareholders meeting, at which Providian  shareholders will
vote on the merger of Providian's  insurance  operations with the U.S. insurance
operations of AEGON,  N.V., was adjourned on May 29, 1997 and will be reconvened
on June 6, 1997.




<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.

                                           PROVIDIAN CORPORATION

                                    By:Robert L. Walker
                                       -------------------
                                       Name:  Robert L. Walker
                                       Title:    Senior Vice President - Finance


Date:  June 2, 1997



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