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 27, 2000
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NATIONAL PENN BANCSHARES, INC.
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(Exact name of registrant as specified in its charter)
Pennsylvania 0-10957 23-2215075
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Ident. No.)
Philadelphia and Reading Avenues, Boyertown, PA 19512
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(Address of principal executive office) (Zip Code)
Registrant's telephone number, including area code (215) 367-6001
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N/A
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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 September 27, 2000, the board of directors of National Penn
Bancshares, Inc. approved certain changes in National Penn's executive
management to take effect on January 1, 2001. A copy of National Penn's press
release dated September 27, 2000 is filed herein as Exhibit 99.1.
Statements made herein concerning National Penn's planned changes in
executive management and future prospects are forward-looking statements. Actual
results could differ materially due to, among other things, the risks and
uncertainties discussed in Exhibit 99 to National Penn's Report on Form 10-K for
1999, which is incorporated herein by reference. Readers are cautioned not to
place undue reliance on these statements. National Penn undertakes no obligation
to publicly revise or update any of these statements.
Item 7. Financial Statements and Exhibits.
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(c) Exhibits.
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99.1 - Press Release dated September 27, 2000, of National
Penn Bancshares, Inc.
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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.
NATIONAL PENN BANCSHARES, INC.
By /s/Lawrence T. Jilk, Jr.
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Name: Lawrence T. Jilk, Jr.
Title: Chairman and CEO
Dated: September 27, 2000
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EXHIBIT INDEX
Exhibit Number Description
99.1 Press Release dated September 27, 2000, of National
Penn Bancshares, Inc.