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
May 8, 2000
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(Date of earliest event reported)
ESB Financial Corporation
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(Exact name of registrant as specified in its charter)
Pennsylvania 0-19345 25-1659846
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
600 Lawrence Avenue, Ellwood City, Pennsylvania 16117
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(Address of principal executive offices) (Zip Code)
(724) 758-5584
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(Registrant's telephone number, including area code)
Not Applicable
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(Former name, former address and former fiscal year, if changed since last
report)
ITEM 5. OTHER EVENTS
On May 8, 2000, ESB Financial Corporation announced the merger of its
two subsidiary savings institutions. Effective as of the close of business on
May 5, 2000, Spring Hill Savings Bank, F.S.B. was merged with and into ESB
Bank F.S.B. For additional information, reference is made to the Press
Release, dated May 8, 2000, which is attached hereto as Exhibit 99 and is
incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(a) Financial Statements.
Not Applicable.
(b) Pro Forma Financial Information.
Not Applicable.
(c) Exhibits:
99 Press Release dated May 8, 2000
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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 thereunto duly authorized.
ESB FINANCIAL CORPORATION
Date: May 8, 2000 By: /s/ Charlotte A. Zuschlag
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Charlotte A. Zuschlag
President and Chief Executive Officer
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Exhibit 99
ESB FINANCIAL CORPORATION
PRESS RELEASE
Release Date: Contact:
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May 8, 2000 Frank D. Martz
Senior Vice President
of Operations and Secretary
FOR IMMEDIATE RELEASE
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ESB FINANCIAL CORPORATION ANNOUNCES
MERGER OF SUBSIDIARIES
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Ellwood City, PA, May 8, 2000 - ESB Financial Corporation (Nasdaq: ESBF)
announced today the merger of its two subsidiary savings institutions.
Effective as of the close of business on May 5, 2000, Spring Hill Savings
Bank, F.S.B. was merged with and into ESB Bank, F.S.B., a federally chartered
savings bank now having assets of approximately $1.1 billion and deposits of
approximately $498 million. ESB Bank now operates sixteen branch offices
located in Western Pennsylvania.
Charlotte A. Zuschlag, President and Chief Executive Officer of ESB Financial
Corporation and ESB Bank stated "As initially planned when we acquired Spring
Hill Savings Bank earlier this year, this merger gives us the opportunity to
consolidate operations and achieve certain economies of scale which were
unavailable by having the banks operating separately. Committed to providing
superior customer service, we are proud that this merger will introduce
several product enhancements."
ESB Financial Corporation is the parent holding company of ESB Bank, F.S.B.,
which offers a wide variety of financial products and services through sixteen
offices in the contiguous Pennsylvania counties of Lawrence, Allegheny, Beaver
and Butler. The common stock of the Company trades on the Nasdaq Stock Market
under the symbol "ESBF."
