U.S. SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                  FORM 12B-25

                          NOTIFICATION OF LATE FILING


                         TRANSFINANCIAL HOLDINGS, INC.

                                  (registrant)

                                    1-12070

                               (SEC FILE NUMBER)

                                   89365P106

                                 (CUSIP Number)


[X]  Form 10-K  [ ]  Form 20-F  [ ] Form 11-K  [ ] Form 10-Q  [ ] Form N-SAR

     For Period Ended:   December 31, 1999


[     ]  Transition Report on Form 10-K
[     ]  Transition Report on Form 20-F
[     ]  Transition Report on Form 11-K
[     ]  Transition Report on Form 10-Q
[     ]  Transition Report on Form N-SAR
For the Transition Period Ended:




     Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.


     If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates:     Not Applicable






Part I - Registrant Information


   Full Name of Registrant:             TransFinancial Holdings, Inc.

   Former Name if Applicable:      Not Applicable

   Address of Principal Executive Officer:8245 Nieman Road, Suite 100
                                        (Street and Number)

                                   Lenexa, KS 66214

                                   (City, State and Zip Code)


Part II - Rules 12b-25(b) and (c)

If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed.  (Check box if appropriate)

[X]       (a)  The reasons described in reasonable detail in Part III of this
     form could not be eliminated without unreasonable effort or expense;

[X]       (b)  The subject annual report, semi-annual report, transition report
     on Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof will be
     filed on or before the fifteenth calendar day following the prescribed due
     date; or the subject quarterly report or transition report on Form 10-Q, or
     portion thereof will be filed on or before the fifth calendar day following
     the prescribed due date; and

[  ]      (c)  The accountant's statement or other exhibit required by Rule 12b-
     25(c) has been attached, if applicable.


Part III - Narrative


State below in reasonable detail the reasons why Form 10-K, 20-F, 11-K, 10-Q, N-
SAR or the transition report or portion thereof could not be filed within the
prescribed time period.


     As a result of management time and attention devoted to the negotiation and
termination of the buyout offer of COLA Acquisitions, Inc. and to addressing
operational issues and renegotiating its financing arrangements as a result of
losses suffered during the last fiscal year, the registrant was unable to
complete the Form 10-K within the prescribed time period.







Part IV - Other Information


     (1)  Name and telephone number of person to contact in regard to this
notification.

          Timothy P. O'Neil               913               859-0055

          (Name)              (Area Code)         (Telephone Number)

     (2)       Have all other periodic reports required under section 13 or
15(d) of the Securities Exchange Act of 1934 or section 30 of the Investment
Company Act of 1940 during the preceding 12 months or for such shorter period
that the registrant was required to file such report(s) been filed?  If the
answer is no, identify report(s)

                              [ X ]  Yes          [   ]   No

     (3)  Is it anticipated that any significant change in results of operations
from the corresponding period for the last fiscal year will be reflected by the
earnings statements to be included in the subject report or portion thereof?

                              [ X ]  Yes          [   ]   No

     If so, attach an explanation of the anticipated change, both narratively
and quantitatively, and, if appropriate, state the reasons why a reasonable
estimate of the results cannot be made.

     See Exhibit 99.1 attached hereto.



                         TransFinancial Holdings, Inc.

                  (Name of Registrant as specified in charter)

has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.


Date: March 31, 2000                         By:  /s/ Timothy P. O'Neil

                                      Timothy P. O'Neil
                                      President and Chief Executive Officer