FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

KOVAL DONITA R 		2. Issuer Name and Ticker or Trading Symbol

OMEGA FINANCIAL CORP /PA/ [ OMEF ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
President and CEO
(Last)          (First)          (Middle)

188 BIBLE ROAD 		3. Date of Earliest Transaction (MM/DD/YYYY)

8/28/2007
(Street)

SPRING MILLS, PA 16875
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option (right to buy)   $33.5   8/28/2007   (1)   J  (1) (2)       3750   (1) (2)   1/1/1999   (1) 1/1/2008   common stock   3750   $33.5   3750   (1) (2) D    
Option (right to buy)   $30.25   8/28/2007   (1)   J  (1) (2)       3750   (1) (2)   1/1/2000   (1) 1/1/2009   common stock   3750   $30.25   3750   (1) (2) D    
Option (right to buy)   $28.5   8/28/2007   (1)   J  (1) (3)       3750   (1) (3)   1/1/2001   (1) 1/1/2010   common stock   3750   $28.5   3750   (1) (3) D    
Option (right to buy)   $27   8/28/2007   (1)   J  (1) (3)       3750   (1) (3)   1/1/2002   (1) 1/1/2011   common stock   3750   $27   3750   (1) (3) D    
Option (right to buy)   $32.05   8/28/2007   (1)   J  (1) (4)       5000   (1) (4)   1/1/2003   (1) 1/1/2012   common stock   5000   $32.05   5000   (1) (4) D    
Option (right to buy)   $35.9   8/28/2007   (1)   J  (1) (4)       5000   (1) (4)   1/1/2004   (1) 1/1/2013   common stock   5000   $35.9   5000   (1) (4) D    
Option (right to buy)   $37.41   8/28/2007   (1)   J  (1) (5)       5372   (1) (5)   1/1/2005   (1) 1/1/2014   common stock   5372   $37.41   5372   (1) (5) D    
Option (right to buy)   $29.79   8/2/2007   (1)   J  (1) (5)       7500   (1) (5)   12/19/2006   (1) 12/19/2015   common stock   7500   $29.79   7500   (1) (5) D    

Explanation of Responses:
( 1)  Pursuant to a Post Nuptial Divorce Settlement entered into and approved by the court on August 28, 2007, the reporting person agreed that her ex-spouse would be entitled to receive a portion (as indicated in the footnotes below) of the net proceeds (i.e. proceeds after deducting the exercise price, taxes and any other out-of-pocket expenses) of any exercise and sale of the stock options of the reporting person listed in Table II. Accordingly, the reporting person disclaims beneficial interest in that portion of the net proceeds payable to her ex-spouse. The original grant of these options was previously reported on the reporting person's beneficial ownership reports. All of the options are currently exercisable and will continue to be held by the reporting person.
( 2)  The ex-spouse is entitled to receive 55% of the net proceeds upon exercise of these options.
( 3)  The ex-spouse is entitled to receive 50% of the net proceeds upon exercise of these options.
( 4)  The ex-spouse is entitled to receive 45% of the net proceeds upon exercise of these options.
( 5)  The ex-spouse is entitled to receive 40% of the net proceeds upon exercise of these options.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
KOVAL DONITA R
188 BIBLE ROAD
SPRING MILLS, PA 16875 		X
President and CEO

Signatures
Donita R. Koval 10/3/2007
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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