NT 10-Q

                    U.S. SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                  FORM 12B-25

                          NOTIFICATION OF LATE FILING


                         TRANSFINANCIAL HOLDINGS, INC.

                                  (registrant)

                                    1-12070

                               (SEC FILE NUMBER)

                                   89365P106

                                 (CUSIP Number)


[  ]  Form 10-K      [  ]  Form 20-F     [   ] Form 11-K     [X] Form 10-Q     [
] Form N-SAR

     For Period Ended:   September 30, 2000


[     ]  Transition Report on Form 10-K
[     ]  Transition Report on Form 20-F
[     ]  Transition Report on Form 11-K
[     ]  Transition Report on Form 10-Q
[     ]  Transition Report on Form N-SAR
For the Transition Period Ended:




     Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.


     If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates:     Not Applicable






Part I - Registrant Information


     Full Name of Registrant:           TransFinancial Holdings, Inc.

     Former Name if Applicable:              Not

Applicable

     Address of Principal Executive Officer: 8245 Nieman Road, Suite

                                   100

                                        (Street and Number)
                                   Lenexa, KS 66214

                                   (City, State and Zip Code)


Part II - Rules 12b-25(b) and (c)


If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed.  (Check box if appropriate)

[X]       (a)  The reasons described in reasonable detail in Part III of this
     form could not be eliminated without unreasonable effort or expense;

[X]       (b)  The subject annual report, semi-annual report, transition report
     on Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof will be
     filed on or before the fifteenth calendar day following the prescribed due
     date; or the subject quarterly report or transition report on Form 10-Q, or
     portion thereof will be filed on or before the fifth calendar day following
     the prescribed due date; and

[  ]      (c)  The accountant's statement or other exhibit required by Rule 12b-
     25(c) has been attached, if applicable.


Part III - Narrative


State below in reasonable detail the reasons why Form 10-K, 20-F, 11-K, 10-Q, N-
SAR or the transition report or portion thereof could not be filed within the
prescribed time period.


     As a result of management time and attention devoted to issues relating to
the cessation of operations of the Company's less-than-truckload motor carrier
subsidiary, Crouse Cartage Company, on September 16, 2000, the registrant was
unable to complete the Form 10-Q within the prescribed time period.







Part IV - Other Information


     (1)  Name and telephone number of person to contact in regard to this
notification.

          Timothy P. O'Neil               913               859-0055

          (Name)              (Area Code)         (Telephone Number)

     (2)       Have all other periodic reports required under section 13 or
15(d) of the Securities Exchange Act of 1934 or section 30 of the Investment
Company Act of 1940 during the preceding 12 months or for such shorter period
that the registrant was required to file such report(s) been filed?  If the
answer is no, identify report(s)

                              [ X ]  Yes          [   ]   No

     (3)  Is it anticipated that any significant change in results of operations
from the corresponding period for the last fiscal year will be reflected by the
earnings statements to be included in the subject report or portion thereof?

                              [ X ]  Yes          [   ]   No

     If so, attach an explanation of the anticipated change, both narratively
and quantitatively, and, if appropriate, state the reasons why a reasonable
estimate of the results cannot be made.

     See Exhibit 99.1 attached hereto.



                         TransFinancial Holdings, Inc.

                  (Name of Registrant as specified in charter)

has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.

Date: November 13, 2000                      By:  /s/ Timothy P. O'Neil

                                      Timothy P. O'Neil
                                      President and Chief Executive Officer

EX-99

                              News Release
                                                                    EXHIBIT 99.1

FOR IMMEDIATE RELEASE


              TRANSFINANCIAL ANNOUNCES THE DISCONTINUATION OF THE
                       CROUSE CARTAGE COMPANY OPERATIONS

LENEXA, KANSAS, SEPTEMBER 18, 2000--TransFinancial Holdings, Inc. (Amex: TFH)
announced today that its subsidiary, Crouse Cartage Company ("Crouse"), has
discontinued its operations, effective September 16, 2000. Crouse, a regional
less-than-truckload motor carrier, stated that it had discontinued operations
because of continuing operating losses.
  Crouse announced that it intended to form an Advisory Committee comprised of
unsecured creditors to assist Crouse management in the orderly liquidation of
assets and disposition of claims. Crouse stated that it would contact each
creditor regarding the procedures established for the resolution and payment of
claims.
Crouse also announced that it had made arrangements for the delivery of all
freight currently within its system.
  TFH currently expects to incur an after tax one-time charge of approximately
$21 million as a result of the discontinuation of operations of Crouse.
Continuing operations of TFH include Specialized Transport, Inc.
("Specialized") and Universal Premium Acceptance Corporation ("UPAC").
Specialized operates as a truckload carrier with 48 state authority and UPAC
operates a nationwide insurance premium finance business.
  Certain statements in this release that are not purely historical may be
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. The statements include statements regarding the
expected charge against earnings resulting from the discontinuation of
operations by Crouse and the Company's intentions on strategies regarding the
future.  Such statements are dependent on assumptions that may not be
realized and are subject to a number of risks, uncertainties and other
factors, including the cost of discontinuing the Crouse operations, the
amounts realized upon the sale of assets of Crouse, the amount and nature of
claims asserted and other risks, uncertainties and other factors mentioned in
the Company's most recent Form 10-Q filed with the Securities and Exchange
Commission, that could cause actual results to differ materially.
  Contact:
  TransFinancial Holdings, Inc.
  Tim O'Neil
  (913) 859-0055