August 16, 1995
SECURITIES AND EXCHANGE COMMISSION
ATTN: Filing Desk
450 Fifth Street, N.W.
Washington, D.C. 20549
via Edgar
RE: Sterling Financial Corporation
Commission File No. 0-16276
Ladies and Gentlemen:
Pursuant to the Securities Exchange Act of 1934 and the
General Instructions concerning the use of Form 8-K, attached for
electronic filing via EDGAR with the Securities and Exchange
Commission ("SEC") is a Current Report on Form 8-K.
Please note that the address of the principal executive
offices of the Registrant has changed, as indicated on the
Form 8-K.
If you have any questions concerning this filing, please
contact the undersigned.
Sincerely,
John E. Stefan
By John E. Stefan,
Chairman of the Board,
President & Chief Executive Officer
Attachments
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 - August 16, 1995
STERLING FINANCIAL CORPORATION
(Exact name of registrant as specified in its charter)
Pennsylvania
(State or other jurisdiction
of incorporation)
0-16276
(Commission File
Number)
23-2449551
(IRS Employer
Identification Number)
North Pointe Banking Center
101 North Pointe Boulevard
Lancaster, Pennsylvania
(Address of principal executive offices)
17601-4133
(Zip Code)
Registrant's telephone number including area code: (717) 581-6030
525 Greenfield Road, P.O. Box 10608 Lancaster, Pennsylvania 17605-0608
(Former name or former address, if changed since last report)
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.
On August 11, 1995, Bank of Lancaster County, N.A. ("Bank of
Lancaster County"), a wholly-owned subsidiary of Sterling Financial Corporation,
and CoreStates Bank, N.A. ("CoreStates"), a wholly-owned subsidiary of
CoreStates Financial Corp signed a definitive agreement for Bank of Lancaster
County to purchase three retail banking offices from CoreStates in Ephrata,
Pennsylvania, Leola, Pennsylvania and North Catasauqua, Pennsylvania. The
offices involved in the sale are located at 280 North Reading Road, Ephrata,
Pennsylvania, 16 East Main Street, Leola, Pennsylvania and 223 Eugene Street,
North Catasauqua, Pennsylvania. As of June 30, 1995, the three branches had
total deposits of $46,192,300. The acquisition is subject to obtaining
regulatory approvals and is expected to be consummated by year-end 1995.
Item 6. Resignations of Registrant's Directors.
Not Applicable.
Item 7. Financial Statements and Exhibits.
Exhibits:
Press Release of the Registrant, Sterling Financial Corporation, dated
August 14, 1995, in connection with the purchase of three branch offices
Item 8. Change in Fiscal Year.
Not Applicable.
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.
STERLING FINANCIAL CORPORATION
(Registrant)
Dated: August 16, 1995
John E. Stefan, Chairman of the Board,
President and Chief Executive Officer
(Principal Executive Officer)
EXHIBIT
PRESS RELEASE
Bank of Lancaster County, N.A. is pleased to announce that it has signed
an agreement to purchase three branch offices of Corestates Financial
Corporation. The sale is scheduled to be final in the fourth quarter of 1995,
subject to regulatory approval. The three branch offices,
which were packaged together as part of the sale agreement, are located
in the Lancaster County communities of Ephrata and Leola and the Northampton
County community of North Catasauqua.
John E. Stefan, Chairman and President, stated, "We are pleased to have
the opportunity to add the Ephrata and Leola communities to our branch
delivery system. They will complement our presence in the northern sector of
the county and further accentuate our commitment to serving all of Lancaster
County." Stefan went on to say, "We are currently evaluating our
strategic options in regard to the Northampton County market."
Bank of Lancaster County, N.A. is a wholly-owned subsidiary of Sterling
Financial Corporation. Bank of Lancaster County has 23 branch offices in
addition to the bank's wholly-owned subsidiary, Town & Country Leasing, Inc.
