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 28, 1999 LIFE Financial Corporation ----------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 000-22193 330743195 - ---------------------------- --------------------- ---------------- (State or other Jurisdiction (Commission File No.) (I.R.S. Employer of Incorporation) Identification No.) 10540 N. Magnolia Ave., Suite B, 92505-1814 -------------------------------- ---------- Riverside, California (Zip Code) --------------------- (Address of principal executive offices) Registrant's telephone number, including area code: (909) 637-4000 -------------- Not Applicable ------------------------------------------------------------ (Former name or former address, if changed since last report) Item 5. Other Events. - ---------------------- On July 28, 1999, the Registrant announced that pursuant to a board meeting on July 27, 1999, Daniel L. Perl is no longer its President and Chief Executive Officer nor President/Chief Executive Officer and Chairman of the Registrant's wholly-owned subsidiary, Life Bank. A press release regarding the announcement is attached as Exhibit 99.1. On August 2, 1999, the Registrant announced that Robert K. Riley has been named as President and Chief Executive Officer of the Registrant and its wholly owned subsidiary, Life Bank. A press release regarding the announcement is attached as Exhibit 99.2. Item 7. Final Statements, Pro Forma Final Information and Exhibits. - -------- ----------------------------------------------------------- (c) Exhibits Exhibit 99.1 Press Release dated July 28, 1999. Exhibit 99.2 Press Release dated August 2, 1999. 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. Date: August 10, 1999 LIFE Financial Corporation By: /s/ Robert K. Riley --------------------------------- Robert K. Riley, President and Chief Executive Officer