8-K

                  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): December 18, 2000


                       CAVION TECHNOLOGIES, INC.
        (Exact Name of Registrant as Specified in its Charter)



      COLORADO                 0-27055                 84-1472763
(State of Incorporation)   (Commission File         (IRS Employer ID
                               Number)                  Number)


                       6446 South Kenton Street
                       Englewood, Colorado 80111
               (Address of Principal Executive Offices)




                            (720) 875-1900
                    (Registrant's Telephone Number,
                         including Area Code)





ITEM 5.  OTHER EVENTS

     On December 18, 2000 and December 22, 2000, Cavion Technologies,
Inc. (the "Company") issued the press releases attached as Exhibits
99.1 and 99.2 to this report and incorporated herein by reference.


Item 7. Financial Statements, Pro Forma Financial Information and
Exhibits

     (a)  None

     (b)  None

     (c)  Exhibits.

          99.1      Press Release dated December 18, 2000
          99.2      Press Release dated December 22, 2000



Date:  December 22, 2000           CAVION TECHNOLOGIES, INC.



                                   By:/s/David J. Selina
                                      David J. Selina, President

EX-99.1

PRESS RELEASE -
For immediate release


CONTACT:  Ed Truitt
          Cavion Technologies
          720-875-1965
          etruitt@cavion.com


                        CAVION ANNOUNCES DOWNSIZING


ENGLEWOOD, CO - DECEMBER 18, 2000 -- Cavion Technologies (Nasdaq: CAVN)
announced today that it was unable to meet its payroll on Friday, December
15, 2000.  While the Company was hopeful that it would raise funds over
the weekend sufficient to fund Friday's payroll, it was unable to do so.
Cavion plans to use all reasonable efforts to keep its network running by
utilizing a downsized staff until such time as additional funds can be
raised or the Company is sold.  While the Company is pursuing these
solutions, there is no guarantee that either will be achieved.  The
Company is considering other options as well, including seeking bankruptcy
protection.

ABOUT CAVION

Cavion  Technologies offers products and services for secure  business-to-
business  communications  and  secure  Internet  financial  products   and
services  designed  specifically  for the  needs  of  credit  unions.  The
company's  Internet  software  products include  secure  Internet  access,
online  transactional banking, cellular access, online bill  payment,  and
online loan decision products along with enabling software for kiosks.

Cavion  is  also  building  and managing a secure  private  communications
network  called CUiNET (Credit Union interactive Network) exclusively  for
the   credit   union  industry.  CUiNET  provides  a  secure,   high-speed
communications  platform  for the delivery of services,  transactions  and
information to and from credit unions and related organizations,  such  as
trade organizations, corporate credit unions and credit union vendors.

Cavion, www.cavion.com, currently serves 231 credit union entities  in  36
states.  The  company's  headquarters are located  at  6446  South  Kenton
Street, Englewood, CO 80111. Its telephone number is 720-875-1900.

This  press release contains forward-looking statements. Cavion uses words
such  as  "anticipate",  "believe",  "expect",  "future",  "may",  "will",
"should",  "plan",  "projected",  "intend"  and  similar  expressions   to
identify  forward-looking statements.  These statements are based  on  the
company's  beliefs and the assumptions it made using information currently
available  to it.  Because these statements reflect the company's  current
views   concerning   future  events,  these  statements   involve   risks,
uncertainties and assumptions.  The actual results could differ materially
from  the  forward-looking statements.  Some, but not all, of the  factors
that may cause these differences are discussed in the risk factors section
of  the  company`s periodic filings under the Securities Exchange  Act  of
1934 and its registration statements under the Securities Act of 1933.  In
any  event,  you  should not place undue reliance on these forward-looking
statements, which apply only as of the date of this press release.

EX-99.2

PRESS RELEASE -
For immediate release


CONTACT:  Ed Truitt
          Cavion Technologies
          720-875-1965
          etruitt@cavion.com


    Cavion Technologies Files for Chapter 11 Bankruptcy Reorganization


ENGLEWOOD, CO - DECEMBER 22, 2000 -- Cavion Technologies (Nasdaq: CAVN)
filed for bankruptcy protection under Chapter 11 in the U.S. Bankruptcy
Court for the District of Colorado on December 21, 2000.

The filing stays creditors from collecting pre-petition debt and interest.
Under the reorganization, filed as case # 00-25262-DEC, the debtor remains
in possession of current operations and assets during the reorganization
period.

The company is in active negotiations with several entities interested in
acquiring Cavion's assets and providing capital to continue operations and
services. The company anticipates filing an initial request for approval
of interim financing during the week ending December 30, providing that
acceptable agreements are reached.

Cavion intends to proceed with discussions with lenders interested in
providing debtor in possession financing and hopes to have financing in
place within 30 days.

ABOUT CAVION

Cavion Technologies offers products and services for secure business-to-
business communications and secure Internet financial products and
services designed specifically for the needs of credit unions. The
company's Internet software products include secure Internet access,
online transactional banking, cellular access, online bill payment, and
online loan decision products along with enabling software for kiosks.

Cavion is also building and managing a secure private communications
network called CUiNET (Credit Union interactive Network) exclusively for
the credit union industry. CUiNET provides a secure, high-speed
communications platform for the delivery of services, transactions and
information to and from credit unions and related organizations, such as
trade organizations, corporate credit unions and credit union vendors. The
company's headquarters are located at 6446 South Kenton Street, Englewood,
CO 80111. Its telephone number is 720-875-1900.

This press release contains forward-looking statements. Cavion uses words
such as "anticipate", "believe", "expect", "future", "may", "will",
"should", "plan", "projected", "intend" and similar expressions to
identify forward-looking statements.  These statements are based on the
company's beliefs and the assumptions it made using information currently
available to it.  Because these statements reflect the company's current
views concerning future events, these statements involve risks,
uncertainties and assumptions.  The actual results could differ materially
from the forward-looking statements.  Some, but not all, of the factors
that may cause these differences are discussed in the risk factors section
of the company`s periodic filings under the Securities Exchange Act of
1934 and its registration statements under the Securities Act of 1933. In
any event, you should not place undue reliance on these forward-looking
statements, which apply only as of the date of this press release.