SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report - April 3, 2000
SUN BANCORP, INC.
(Exact Name of Registrant as Specified in its Charter)
Pennsylvania 0-14745 23-2233584
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(State of Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification Number)
2-16 South Market Street
Selinsgrove, Pennsylvania 17870
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(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number (Including Area Code) (570) 374-1131
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N/A
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(Former name or former address, if changed since last report)
<PAGE>
Item 1. Changes in Control of Registrant
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Not Applicable
Item 2. Acquisition or Disposition of Assets.
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Not Applicable
Item 3. Bankruptcy or Receivership.
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Not Applicable
Item 4. Changes in Registrant's Certifying Accountant
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Not Applicable.
Item 5. Other Events.
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Registrant files this Current Report on Form 8-K to submit a copy of
Registrant's Press Release, dated April 3, 2000, regarding the retire-
ment of George F. Keller as Chairman of the Board. Mr. Keller will
continue to serve on the Board of Directors. Also, announce the
appointments of Fred W. Kelly to the title of Chairman of the Board and
Chief Executive Officer of the Registrant and Robert J. McCormack as
President, Chief Operating Officer, and Director of the Registrant. A
copy of the press release is attached as Exhibit 99, hereto, and
incorporated herein by reference.
Item 6. Resignations of Registrant's Directors.
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Not Applicable.
Item 7. Financial Statements and Exhibits.
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Exhibits:
99 Press Release of Registrant, SUN BANCORP, INC., dated April 3,
2000, regarding retirement of George F. Keller, Chairman of the
Board and appointments of Fred W. Kelly, Jr. to Chairman of the
Board and Chief Executive Officer and Robert J. McCormack to
President, Chief Operating Officer, and Director.
Item 8. Change in Fiscal Year.
Not Applicable.
<PAGE>
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.
SUN BANCORP, INC.
(Registrant)
Dated: April 3, 2000 /s/ Fred W. Kelly, Jr.
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Fred W. Kelly, Jr.,
Chairman of the Board and
Chief Executive Officer
(Principal Executive Officer)
Dated: April 3, 2000 /s/ Robert J. McCormack
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President and
Chief Operating Officer
(Principal Financial Officer)
[LOGO]
FOR IMMEDIATE RELEASE
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April 3, 2000
For Further Information, Please Contact:
Fred W. Kelly, Jr., Chairman and CEO
SUN BANCORP, INC. (SUBI)
2-16 S. Market Street
PO Box 57
Selinsgrove, PA 17870
Telephone (570) 374-1131
www.sunbancorp.com
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[email protected]
The Board of Directors of SUN BANCORP, INC. and its subsidiary, Sun Bank,
announce the retirement of George F. Keller as Chairman of its Board of
Directors effective immediately. His fellow directors extend their thanks and
appreciation to Mr. Keller for his steadfast leadership and complete dedication
as Chairman. Mr. Keller will continue to serve on the board of both the holding
company and the bank.
The Board announced the following new appointments, effective immediately:
Fred W. Kelly, Jr., has been named Chairman of the Board and Chief Executive
Officer of SUN BANCORP, INC. and Sun Bank. Kelly, a graduate of Sunbury High
School and Susquehanna University, has been with the bank for over thirty-three
years, having most recently served as President and CEO of the holding company
and the bank.
The Board also announced the appointment of Robert J. McCormack as
President and Chief Operating Officer and Director of SUN BANCORP, INC. and
Sun Bank. McCormack has eighteen years of banking experience and has served
as Senior Vice President and Assistant Secretary since joining the holding
company and bank in December 1998. He is a graduate of Alvernia College and a
member of the American and Pennsylvania Institute of Certified Public
Accountants. McCormack and his family reside in Lewisburg.
2-16 SOUTH MARKET STREET
P.O. BOX 57
SELINSGROVE, PA 17870
TELEPHONE 570-374-1131
www.sunbancorp.com
