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


                         ESB FINANCIAL CORPORATION
                         -------------------------
            (Exact name of registrant specified in its charter)




  Pennsylvania                      0-19345                   25-1659846
- ------------------------------------------------------------------------------
(State or other jurisdiction  (Commission File Number)     (I.R.S. Employer
incorporation or                                        Identification Number)
organization)



600 Lawrence Avenue
Ellwood City, Pennsylvania                                           16117
- ----------------------------------------                          ----------
(Address of principal executive offices)                          (Zip Code)








                               (724) 758-5584
                               --------------
           (Registrant's telephone number, including area code)


ESB Financial Corporation
Form 8-K
Page 2

Item 5.   Other Events

     The information to be reported herein is incorporated by reference from
the press release, dated September 20, 2000, filed as Exhibit 99 to this Form
8-K.

Item 7.   Financial Statements and Exhibits

          (a)  Not applicable.

          (b)  Not applicable.

          (c)  Exhibits.

               99   Press release dated September 20, 2000.


ESB Financial Corporation
Form 8-K
Page 3

                                 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.


                                      ESB Financial Corporation
                                            (Registrant)



Date: September 20, 2000              By:/s/ Charlotte A. Zuschlag
      ------------------                 -------------------------
                                         Charlotte A. Zuschlag
                                         President & Chief Executive Officer
                                         (Principal Executive Officer)

EX-99

                                  EXHIBIT 99

                                PRESS RELEASE







                          P R E S S   R E L E A S E



RELEASE DATE:                             CONTACT:
- -------------                             --------

September 20, 2000                        Frank D. Martz
                                          Group Senior Vice President
                                          of Operations and Secretary
                                          (724) 758-5584


            ESB FINANCIAL CORPORATION ANNOUNCES CASH DIVIDEND
            -------------------------------------------------

     ESB Financial Corporation announced today that its Board of Directors at
its meeting on September 19, 2000 declared a quarterly cash dividend of $.10 on
the Common Stock of ESB Financial Corporation payable on October 25, 2000 to
the stockholders of record at the close of business on September 29, 2000.

     In announcing the scheduled cash dividend, Charlotte A. Zuschlag, President
and Chief Executive Officer, noted the Company's favorable results of operations
for the three months ended June 30, 2000. The Company recognized net income for
the three month period ended June 30, 2000 of $1.6 million or $.28 per diluted
share.  This announcement reflects the Company's policy of declaring a regular
quarterly cash dividend. This quarterly cash dividend equates to an annual cash
dividend of $.40 per share.

     ESB Financial Corporation is the parent Holding Company of ESB Bank, F.S.B.
and offers a wide variety of financial products and services through sixteen
offices in the contiguous counties of Allegheny, Lawrence, Beaver and Butler in
Pennsylvania. The common stock of the Company is traded on the Nasdaq Stock
Market under the symbol "ESBF".

                                    -End-