SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): MAY 1, 1997
POUGHKEEPSIE FINANCIAL CORP.
(Exact name of registrant as specified in its Charter)
DELAWARE 333-22481 16-1518711
(State or other jurisdiction (Commission File Number) (I.R.S.Employer
of incorporation) Identification No.)
249 MAIN MALL
POUGHKEEPSIE, NEW YORK 12601
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (914) 431-6200
NOT APPLICABLE
(Former name or former address, if changed since last report)
Exhibit Index appears on Page 4.
Item 5. OTHER EVENTS
On May 1, 1997, Poughkeepsie Savings Bank, FSB, Poughkeepsie, New
York (the "Bank") issued a press release announcing the results of its 1997
Annual Meeting of Stockholders held on April 30, 1997. Stockholders re-
elected Noel deCordova, Jr., Burton Gold and Henry C. Meagher as directors;
ratified the appointment of Deloitte and Touche LLP as the Bank's
independent certified public accountants for 1997; and approved the
formation of a holding company to be called Poughkeepsie Financial Corp.
and to effect a reorganization wherein the Bank would become a wholly-owned
subsidiary of the holding company. A copy of the press release is attached
hereto as an exhibit and is incorporated herein by reference.
Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(a) FINANCIAL STATEMENTS OF BUSINESS ACQUIRED
Not applicable.
(b) PRO FORMA FINANCIAL INFORMATION
Not applicable.
(c) EXHIBITS
The following exhibit is filed with this report.
NO. DESCRIPTION
20 Press Release dated May 1, 1997
Page 2 of 6 Pages
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 thereunto duly authorized.
POUGHKEEPSIE FINANCIAL CORP.
Date: May 8, 1997 By: /s/ Joseph B. Tockarshewsky
---------------------------
Joseph B. Tockarshewsky
Chairman of the Board, President and
Chief Executive Officer
Page 3 of 6 Pages
EXHIBIT INDEX
EXHIBIT NUMBER DESCRIPTION
20 Press Release dated May 1, 1997
Page 4 of 6 Pages