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): June 2, 1998 United Security Bancorporation (Exact Name of Registrant as Specified in Charter) Washington 0-18561 91-1259511 ---------- ------- ---------- (State or other jurisdiction (Commission (IRS Employer Identi- of incorporation) File Number) fication Number) 9506 North Newport Highway, Spokane, Washington 99218- 1200 ----------------------------------------------------- - ----- (Address of principal executive offices/Zip Code) Registrant's telephone number, including area code: (509) 467-6949 --------------------------------------------------------- - ---------- 1 UNITED SECURITY BANCORPORATION Item 5. Other Events On June 2, 1998, at its annual meeting United Security Bancorporation told shareholders that its Board of Directors has elected Richard C. Emery as Chief Executive Officer of the bank holding company, effective July 1, 1998. Emery joined the company as President and Chief Operating Officer on November 3, 1997. He succeeds William C. ("Bud") Dashiell, who is retiring as USBN's long-time Chief Executive Officer. Dashiell will continue as Chairman of the Board. Item 7. Financial Statements and Exhibits (a) Financial statements - not applicable (b) Pro forma financial information - not applicable (c) Exhibits: (99) Press release issued by United Security Bancorporation, dated June 2, 1998 SIGNATURES Pursuant to the requirements of the Security Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Dated: June 3, 1998 UNITED SECURITY BANCORPORATION By: /s/ Chad Galloway ------------------------------ Name: Chad Galloway Title: Vice President and Chief Financial Officer 2