UNITED
STATES


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) : April 14, 2008




________________




Peoples-Sidney
Financial Corporation


(Exact
name of registrant as specified in its charter)




______________




Delaware
            000-22223
            31-1499862(State
      or other jurisdiction of
            (Commission
      File
            (IRS
      EmployerIncorporation)
            Number)
            Identification
      No.)





101
East Court Street, Sidney, Ohio  45365


(Address
of principal executive offices)(Zip Code)




Registrant’s
telephone number, including area code: (937)
492-6129





Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):





o Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)





o Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)





o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))





o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4 (c))


___________________


























TABLE
OF CONTENTS





Section 8 – Other
Events




Item 8.01 – Other
Events





Section 9 – Financial
Statements and Exhibits.





Item 9.01
- Financial Statements, Pro Forma Financial Information and
Exhibits.




Signature




Exhibit
Index




Exhibit
99.1










Section
8





Item
8.01 – Other Events





On April
14, 2008, Peoples-Sidney Financial Corporation (the “Company”) announced plans
to deregister the Company’s commons tock under the Securities Exchange Act of
1934, as amended (the “Exchange Act”), thereby suspending its obligation to file
reports with the Securities and Exchange Commission.  This
transaction, which is subject to shareholder approval and will be considered at
a special meeting of shareholders the date of which has not yet been announced,
includes an anticipated 1-for-600 reverse stock split that will be immediately
followed by a 600-for-1 forward stock split (collectively, the “Stock
Splits”).





As of the
date of the Stock Splits, it is anticipated that (a) each stockholder of record
owning fewer than 600 common shares of PSFC immediately before the effective
time of the Stock Splits will receive $13.47 in cash, without interest, for each
PSFC common share owned by such stockholder immediately prior to the Stock
Splits and will no longer be a stockholder of PSFC; and (b) each stockholder of
record of 600 or more PSFC shares immediately before the effective time of the
Stock Splits will continue to hold the same number of shares after the Stock
Splits and will not receive any cash.





The
Company intends to terminate the registration of its common stock under the
Exchange Act after the Stock Splits.  If that occurs, the Company will
no longer file periodic reports with the Securities and Exchange Commission,
including annual reports on Form 10-KSB and quarterly reports on Form 10-QSB,
and it will no longer be subject to the SEC’s proxy rules.  It is
expected that, after the Stock Splits, the Company’s common shares will continue
to be quoted on the Over-the-Counter Bulletin Board.





The Stock
Splits require the approval of a majority of the outstanding PSFC shares
entitled to vote at the special meeting.





A copy of
the Company’s press release making this announcement is attached hereto as
Exhibit 99.1.





Item
9.01





(a)
            Financial
      statements and exhibits


None.





(b)
            Pro
      forma financial information


None.





(c)
            Shell
      company transactions


None.





(d)
            Exhibits


99.1
            Press
      Release of Peoples-Sidney Financial Corporation dated April 14,
      2008











SIGNATURE





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 hereunto
duly authorized.





Dated:
            April
      14, 2008
            /s/Debra
      GeuyBY:   Debra
      GeuyChief
      Financial Officer











EXHIBIT
INDEX





Exhibit
      Number
            Description of
      ExhibitExhibit
      99.1
            Press
      Release of Peoples-Sidney Financial Corporation dated April 14,
      2008