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 (Date of earliest event reported) January 27, 1998
Sterling Financial Corporation
(Exact name of registrant as specified in its charter)
Pennsylvania 0-16276 23-2449551
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
101 North Pointe Boulevard, Lancaster, Pennsylvania 17601-4133
(Address of principal executive offices) (Zip Code)
Registrant's Telephone number, including area code (717) 581-6030
N/A
(Former name or former address, if changed since last report)
ITEM 5 - OTHER EVENTS
On January 26, 1998, the Registrant issued a press release
announcing that the common stock of Sterling Financial Corporation will
begin trading on January 29, 1998 in the NASDAQ National Market,
which press release is attached as Exhibit 99 hereto and
incorporated herein by reference.
ITEM 7 - FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits:
99 Press Release, of Registrant, dated January 26, 1998,
re: Shares to trade in NASDAQ National Market
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.
Sterling Financial Corporation
By:
John E. Stefan, Chairman of the Board,
President and Chief Executive Officer
By:
Ronald L. Bowman, Vice President
and Secretary
DATE January 27, 1998
EXHIBIT INDEX
Page Number in
Manually Signed
Exhibit Original
99 Press Release, dated January 26, 1998,
of Registrant re: Shares to trade in
NASDAQ National Market. 5
Exhibit 99
January 26, 1998
FOR IMMEDIATE RELEASE:
STERLING FINANCIAL CORPORATION
SHARES TO TRADE IN NASDAQ NATIONAL MARKET
Lancaster, Pennsylvania, January 26, 1998 -- The common stock of Sterling
Financial Corporation will begin trading on January 29, 1998 in the
NASDAQ National Market, John E Stefan, Chairman of the Board, President
and Chief Executive Officer, announced. Sterling Financial Corporation,
whose trading symbol is "SLFI", is a bank holding company, with Bank
of Lancaster County, N.A. as its wholly-owned banking subsidiary.
Bank of Lancaster County, N.A., organized in 1863, offers a full range of
commercial and consumer banking services through its 30 banking locations and
through the bank's wholly-owned subsidiary, Town & Country Leasing.
Mr. Stefan noted that Sterling Financial Corporation's entry into the NASDAQ
National Market provides brokers and others with immediate access to the best
bid and ask prices and other information about the corporation's
shares throughout the trading day. Those prices are available
in over more than 300,000 electronic terminals in brokers' offices throughout
the United States and the world. In addition to
increased market visibility, NASDAQ offers Sterling Financial Corporation the
advantage of multiple market makers that compete to offer the best bid and
ask prices.
Market makers in the corporation's common stock include: Hopper Soliday & Co.,
Inc.; Legg Mason Wood Walker, Inc.; F. J. Morrissey & Co., Inc.; Prudential
Securities, Inc.; and Ryan, Beck & Co.
