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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) July 20, 1999
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Statewide Financial Corp.
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(Exact name of registrant as specified in its charter)
New Jersey 0-26546 22-3397900
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(State or other jurisdiction of (Commission (IRS Employer
incorporation) File Number) Identification No.)
70 Sip Avenue, Jersey City, New Jersey 07306
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (201) 795-4000
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Item 1. Changes in Control of Registrant.
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Not Applicable.
Item 2. Acquisition or Disposition of Assets.
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Not Applicable.
Item 3. Bankruptcy or Receivership.
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Not Applicable.
Item 4. Changes in Registrant's Certifying Accountant.
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Not Applicable.
Item 5. Other Events.
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Registrant issued a press release on Tuesday,
July 20, 1999 announcing registrant's quarterly
dividend of $0.13 per share.
Item 6. Resignations of Registrant's Directors.
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Not Applicable.
Item 7. Exhibits and Financial Statements.
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Exhibit No. Description
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99 Registrant issued a press release
on Tuesday, July 20, 1999
announcing registrant's quarterly
dividend of $0.13 per share.
Item 8. Change in fiscal year
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Not Applicable.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, Statewide Financial Corp. has duly caused this report to be
signed on its behalf by the undersigned thereunto duly authorized.
STATEWIDE FINANCIAL CORP.
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(Registrant)
Dated: July 22, 1999 By: Bernard F. Lenihan
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Senior Vice President,
Chief Financial Officer
and Secretary
EXHIBIT INDEX
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CURRENT REPORT ON FORM 8-K
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Exhibit No. Description
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99 Registrant issued a press release on Tuesday,
July 20, 1999 announcing registrant's quarterly
dividend of $0.13 per share.
STATEWIDE FINANCIAL CORP. DECLARES DIVIDEND
FOR IMMEDIATE RELEASE CONTACT: Bernard F. Lenihan
July 20, 1999 201-795-4000
Tony Cicatiello
732-382-1066
Jersey City, N.J. (July 20, 1999)...Statewide Financial Corp. (Nasdaq:
SFIN), the holding company for Statewide Savings Bank, S.L.A.,
announced that its Board of Directors yesterday approved a quarterly
dividend on its common stock of thirteen cents ($.13) per common
share. The dividend will be payable on August 30, 1999, to
shareholders of record at the close of business on August 9, 1999.
"This dividend payment demonstrates the continued strength of our
strategic plan in delivering shareholder value," said Victor M.
Richel, chairman, president and chief executive officer.
Statewide Financial Corp. is the holding company for Statewide Savings
Bank, S.L.A., a savings and loan association headquartered in Jersey
City, N.J. Statewide Savings Bank conducts thrift business and offers
commercial banking services through its 16 branches in Hudson, Union,
Bergen and Essex Counties. On April 13, 1999, Independence Community
Bank Corp. of Brooklyn agreed to acquire Statewide in a transaction
that is expected to be completed by January 2000, pending the approval
of Statewide's shareholders and appropriate regulatory authorities.