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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000790183-03-000044.txt : 20030519
<SEC-HEADER>0000790183-03-000044.hdr.sgml : 20030519
<ACCEPTANCE-DATETIME>20030519162443
ACCESSION NUMBER:		0000790183-03-000044
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030516
FILED AS OF DATE:		20030519

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HIGH MICHAEL B
		CENTRAL INDEX KEY:			0001203411

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-14815
		FILM NUMBER:		03710687

	BUSINESS ADDRESS:	
		STREET 1:		4 SENTRY PARKWAY
		CITY:			BLUE BELL
		STATE:			PA
		ZIP:			19422

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PROGRESS FINANCIAL CORP
		CENTRAL INDEX KEY:			0000790183
		STANDARD INDUSTRIAL CLASSIFICATION:	SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
		IRS NUMBER:				232413363
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		4 SENTRY PARKWAY SUITE 200
		CITY:			BLUE BELL
		STATE:			PA
		ZIP:			19422-0764
		BUSINESS PHONE:		6108258800

	MAIL ADDRESS:	
		STREET 1:		4 SENTRY PARKWAY
		STREET 2:		SUITE 200
		CITY:			BLUE BELL
		STATE:			PA
		ZIP:			19422-0764
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>

<ownershipDocument>

    <documentType>4</documentType>

    <periodOfReport>2003-05-16</periodOfReport>


    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000790183</issuerCik>
        <issuerName>PROGRESS FINANCIAL CORP</issuerName>
        <issuerTradingSymbol>PFNC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001203411</rptOwnerCik>
            <rptOwnerName>HIGH MICHAEL B</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>  </rptOwnerStreet1>
            <rptOwnerStreet2>  </rptOwnerStreet2>
            <rptOwnerCity>  </rptOwnerCity>
            <rptOwnerState>  </rptOwnerState>
            <rptOwnerZipCode>  </rptOwnerZipCode>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>COO/CFO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeSecurity>
        <securityTitle>
            <value>PFNC Common Stock (acquired through stock dividend)</value>
        </securityTitle>
        <transactionDate>
            <value>2003-05-16</value>
        </transactionDate>
        <deemedExecutionDate>
            <value>2003-05-16</value>
        </deemedExecutionDate>
        <transactionCoding>
            <transactionFormType>4</transactionFormType>
            <transactionCode>J</transactionCode>
            <equitySwapInvolved>0</equitySwapInvolved>
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        <transactionTimeliness>
            <value></value>
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        <transactionAmounts>
            <transactionShares>
                <value>496</value>
                <footnoteId id="F1"/>
            </transactionShares>
            <transactionValue>
                <value>14.3</value>
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            <transactionAcquiredDisposedCode>
                <value>A</value>
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            <sharesOwnedFollowingTransaction>
                <value>10254</value>
            </sharesOwnedFollowingTransaction>
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            <directOrIndirectOwnership>
                <value>D</value>
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    <nonDerivativeSecurity>
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    <derivativeSecurity>
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            <transactionAcquiredDisposedCode>
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        <transactionAmounts>
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            <sharesOwnedFollowingTransaction>
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        <ownershipNature>
            <directOrIndirectOwnership>
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    </derivativeSecurity>

    <derivativeSecurity>
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            <transactionFormType>4</transactionFormType>
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            <value></value>
        </transactionTimeliness>
        <transactionAmounts>
            <transactionShares>
                <value>123</value>
                <footnoteId id="F3"/>
            </transactionShares>
            <transactionValue>
                <value>12.38</value>
            </transactionValue>
            <transactionAcquiredDisposedCode>
                <value>A</value>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>
        <exerciseDate>
            <value>2006-02-26</value>
        </exerciseDate>
        <expirationDate>
            <value>2013-02-26</value>
        </expirationDate>
        <underlyingSecurity>
            <underlyingSecurityTitle>
                <value>common stock</value>
            </underlyingSecurityTitle>
            <underlyingSecurityShares>
                <value>123</value>
            </underlyingSecurityShares>
        </underlyingSecurity>
        <postTransactionAmounts>
            <sharesOwnedFollowingTransaction>
                <value>2599</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>
            <directOrIndirectOwnership>
                <value>D</value>
            </directOrIndirectOwnership>
        </ownershipNature>
    </derivativeSecurity>

    <footnotes>
        <footnote id="F1">shares acquired through 5% stock dividend payment.</footnote>
        <footnote id="F2">exercise price adjusted for 5% stock dividend payment.</footnote>
        <footnote id="F3">option acquired as a result of 5% stock dividend payment.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Michael B. High</signatureName>
        <signatureDate>2003-05-19</signatureDate>
    </ownerSignature>

</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----