UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ------------------------ SCHEDULE TO TENDER OFFER STATEMENT UNDER SECTION 14(d)(1) OR 13(e)(1) OF THE SECURITIES EXCHANGE ACT OF 1934 ------------------------ THISTLE GROUP HOLDINGS, CO. (Name of Subject Company (Issuer)) ------------------------ JEWELCOR MANAGEMENT, INC. (Offeror) (Name of Filing Persons (Identifying Status as Offeror, Issuer or Other Person)) Common Stock, Par Value $0.10 Per Share (Title of Class of Securities) 88431E103 (CUSIP Number of Class of Securities) Mr. Seymour Holtzman c/o Jewelcor Companies 100 N. Wilkes-Barre Blvd. Wilkes-Barre, Pennsylvania 18702 (570) 822-6277 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications on Behalf of Filing Persons) ------------------------ |X| Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer. Check the appropriate boxes below to designate any transactions to which the statement relates: |X| third-party tender offer subject to Rule 14d-1. |_| issuer tender offer subject to Rule 13e-4. |_| going-private transaction subject to Rule 13e-3. |_| amendment to Schedule 13D under Rule 13d-2. Check the following box if the filing is a final amendment reporting the results of the tender offer: |_| ------------------------ Item 12. Exhibits. 1. Letter to Thistle Group Holdings, Co. dated May 8, 2002. After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: May 8, 2002 JEWELCOR MANAGEMENT, INC. By: /s/ SEYMOUR HOLTZMAN ----------------------------- Name: Seymour Holtzman Title: Chairman and Chief Executive Officer EXHIBIT INDEX EXHIBIT NO. DESCRIPTION 1. Letter to Thistle Group Holdings, Co. dated May 8, 2002.