<PAGE> 1
- --------------------------------------------------------------------------------
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) September 23, 1999
------------------
SGV BANCORP, INC.
-----------------
(Exact Name of Registrant as Specified in Its Charter)
Delaware 0-25664 93-4524789
-------- ------- ----------
(State or other Jurisdiction of (Commission (IRS Employer
Incorporation or Organization) File Number) Identification No.)
225 North Barranca Street, West Covina, California 91791
--------------------------------------------------------
(Address of Principal Executive Offices) (Zip Code)
(626) 859-4200
--------------
(Registrant's Telephone Number, including Area Code)
Not Applicable
--------------
(Former Name or Former Address, If Changed Since Last Report)
- --------------------------------------------------------------------------------
<PAGE> 2
ITEM 5. OTHER EVENTS.
------------
On September 23, 1999, SGV Bancorp, Inc. announced in a press release
that its wholly owned subsidiary, First Federal Savings and Loan Association of
San Gabriel Valley, had completed its acquisition of two branches of Citibank,
California, a federal savings bank. The combined deposits of the two branches
acquired totaled approximately $37 million, representing approximately 8% of the
total assets of SGV Bancorp, Inc.
The press release issued by SGV Bancorp, Inc. with respect to the
acquisition is filed herewith as Exhibit 99.1.
ITEM 7(C). FINANCIAL STATEMENTS AND EXHIBITS.
---------------------------------
Exhibit 99.1 Press Release issued by SGV Bancorp, Inc. on September 23,
1999.
-2-
<PAGE> 3
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.
SGV BANCORP, INC.
Dated: September 23, 1999 By: /s/ Barrett Andersen
----------------------
Barrett Andersen, President
and Chief Executive Officer
-3-
<PAGE> 1
EXHIBIT INDEX
Exhibit 99.1 Press Release issued by SGV Bancorp, Inc. on
September 23, 1999.
<PAGE> 2
SGV BANCORP, INC.
225 NORTH BARRANCA STREET, P.O. BOX, WEST COVINA, CALIFORNIA 91791-0910,
626-859-4250
WWW.FIRSTFEDERALSGV.COM
SGV BANCORP
For Contact: SGV Bancorp, Inc.
Barrett Andersen
President/CEO
(626) 859-4201
-or-
Ronald Ott
Executive Vice President/CFO
(626) 859-4210
Press Release
SGV Bancorp, Inc.
Completion of Branch Acquisition
West Covina, California, September 23, 1999
Immediate Release
SGV Bancorp, Inc. ("Company")( NASDAQ:SGVB), the holding company for First
Federal Savings and Loan Association of San Gabriel Valley ("Association"),
reported that it has completed the acquisition of two branches of Citibank,
California, a federal savings bank. The combined deposits of the two branches
totaled approximately $37 million. The acquisition of these two branches
enhances the Association's market share and competitiveness in both cities.
The deposits from the La Verne branch have been combined with the deposits of
the Association's branch in the same shopping center. The Association is
operating the acquired branch in Covina as its ninth full-service branch in East
San Gabriel Valley of Souther California. The Association is headquartered in
West Covina, California.
