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
December 21, 2000
--------------------------------------------------------------------------------
(Date of earliest event reported)
Progress Financial Corporation
--------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
Delaware 0-14815 23-2413363
-------------------------------------------------------------------------------
(State of other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
4 Sentry Parkway, Suite 200, Blue Bell, Pennsylvania 19422-0764
------------------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
(610) 825-8800
-------------------------------------------------------------------------------
(Registrant's telephone number, including area code)
Not Applicable
-------------------------------------------------------------------------------
(Former name,former address and former fiscal year,if changed since last report)
<PAGE>
Item 5. Other Events
On December 21, 2000 Progress Financial Corporation issued a press
release announcing the sale of the Equipment Leasing Company. For additional
information, reference is made to the press Release, dated December 21, 2000,
which is attached hereto as Exhibit 99(a) and is incorporated herein by
reference.
<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 thereunto duly authorized.
PROGRESS FINANCIAL CORPORATION
Dated: December 21, 2000 By: /s/ Michael B. High
-------------------------------------
Michael B. High
Executive Vice President and
Chief Financial Officer
<PAGE>
EXHIBIT INDEX
Exhibit Number Description
99(a) Press Release issued on December 21, 2000
