FORM 8-K
CURRENT REPORT
(As last amended in Real. N. 34-25113, eff. 1/30/95.)
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): January 13, 1998
Lake Ariel Bancorp, Inc.
(Exact name of registrant as specified in its charter)
Pennsylvania 2-85306 23-2244948
(State or other jurisdiction (Commission (I.R.S. employer
of incorporation) file number) Id. No.)
Post Office Box 67, Lake Ariel, Pennsylvania 18436
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (717) 698-5695
Former name or former address, if changed from last report: Not Applicable.
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Item 1. Changes in Control of Registrant.
Not Applicable.
Item 2. Acquisition or Disposition of Assets.
Not Applicable.
Item 3. Bankruptcy or Receivership.
Not Applicable.
Item 4. Changes in Registrant's Certifying Accountant.
Not Applicable.
Item 5. Other Events.
The Company announced that, effective January 13, 1998, Paul
D. Horger, Esquire has joined the Board of Directors as a
Class 1 Director.
Item 6. Resignations of Registrant's Directors.
Not Applicable.
Item 7. Financial Statements and Exhibits.
(a) Financial Statement of Business Acquired.
Not Applicable.
(b) Pro Forma Financial Information.
Not Applicable.
(c) Exhibits.
(i) Press Release.
Item 8. Change in Fiscal Year.
Not Applicable.
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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.
LAKE ARIEL BANCORP, INC.
(Registrant)
Date: January 13, 1998
Joseph J. Earyes,
Vice President and Treasurer
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PRESS RELEASE
LA BANK WELCOMES NEW BOARD MEMBER
John G. Martines, President and CEO of LA Bank recently announced the
appointment of Attorney Paul D. Horger to Lake Ariel Bancorp's Board of
Directors.
A practicing attorney for 34 years, Attorney Horger is Senior Partner
at the law firm of Oliver, Price & Rhodes, Scranton, Pennsylvania. He is a
graduate of Muhlenburg College and received his law degree through the
University of Pennsylvania Law School.
Attorney Horger is a member of the Pennsylvania and Lackawanna Bar
Associations. He is a member of the Board of Directors of the Scranton Chamber
of Commerce, Lutheran Services Northeast, and Boys' and Girls' Club of Scranton
where he served as a past president. He is a former member of the Board of
Directors of the United Way of Lackawanna County. Attorney Horger is a member of
the Waverly Country Club and currently serves as President of the Scranton
Lackawanna Industrial Building Company, industrial affiliate of the Greater
Scranton Chamber of Commerce.
Prior to his appointment to LA Bank's Board of Directors, Attorney
Horger served as a past member of the Board of Directors of the Scranton
National Bank and First Eastern Bank, N.A., now by merger PNC Bank, N.A. He
served on the Advisory Board of PNC Bank, Northeast until his appointment to LA
Bank's Board of Directors.
Attorney Horger resides with his wife, Adrienne in Clarks Summit and is
the parent of three children, Jason and Rachel Horger and Jessica Hawk.
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