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):        JANUARY 9, 2003



                         CONSUMERS FINANCIAL CORPORATION
             (Exact Name of Registrant as Specified in its Charter)



         Pennsylvania                 0-2616                    23-1666392
(State or Other Jurisdiction    (Commission File No.)       (I.R.S. Employer
      of Incorporation)                                    Identification No.)



1525 Cedar Cliff Drive, Camp Hill, Pennsylvania              17011
   (Address of Principal Executive Offices)                (Zip Code)



                                  717-761-4230
              (Registrant's Telephone Number, Including Area Code)



                             FORM 8-K CURRENT REPORT


ITEM 5.  OTHER EVENTS AND REGULATION FD DISCLOSURE

     At  a  Special  Meeting of Shareholders held on January 9, 2003, the common
shareholders  of  Consumers Financial Corporation (the "Company") voted in favor
of  a  proposal to reinstate the voting rights of the 2,700,000 shares of common
stock  of the Company owned by CFC Partners, Ltd. ("CFC Partners").  Such shares
were  issued  to  CFC  Partners on August 28, 2002.  However, under Pennsylvania
laws,  these  new  shares  were  not permitted to vote on any matters unless and
until  such  voting  rights  were  restored by the remaining common shareholders
(i.e., excluding CFC Partners) through a solicitation of proxies.  The 2,700,000
shares  held  by  CFC  Partners  represent  a  51.2%  interest  in the Company's
outstanding  common  stock.



                                   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  hereunto  duly  authorized.



                                       CONSUMERS FINANCIAL CORPORATION
                                                 Registrant



Date:  January 21, 2003                By  /S/ Donald J. Hommel
       ----------------                    -------------------------------------
                                           Donald J. Hommel
                                           President and Chief Executive Officer