SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                   FORM 12b-25

                           NOTIFICATION OF LATE FILING

                                                Commission File Number 0-9341
(Check one)

|_| Form 10-K and Form 10-KSB   |_| Form 11-K

|X| Form 20-F |_| Form 10-Q and form 10-QSB  |_| Form N-SAR

For period ended: March 31, 2001

|_| Transition Report on Form 10-K and Form 10-KSB

|_| Transition Report on Form 20-F

|_| Transition Report on Form 11-K

|_| Transition Report on Form 10-Q and Form 10-QSB

|_| Transition Report on Form N-SAR

For the transition period ended _____________________________________________

Read Attached Instruction Sheet Before Preparing Form.  Please Print or Type.

Nothing  in this  form  shall be  construed  to imply  that the  Commission  has
verified any information contained herein.

If the notification  relates to a portion of the filing checked above,  identify
the item(s) to which the notification relates  ______________________________


                                     PART I
                             REGISTRANT INFORMATION

Full name of registrant: Security National Financial Corporation

Former name if applicable: __________________________________________________

Address of principal executive office (Street and number):

                         5300 South 360 West, Suite 250
                           Salt Lake City, Utah 84123

                                     PART II
                             RULE 12b-25(b) AND (c)


If the subject report could not be filed without  unreasonable effort or expense
and the  registrant  seeks relief  pursuant to Rule  132b-25(b),  the  following
should be completed. (Check box if appropriate).


     (a)  The reasons  described in  reasonable  detail in Part III of this form
          could not be eliminated without  unreasonable  effort or expense.


     |X| (b) The subject annual report, semi-annual report, transition report on
Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion  thereof,  will be filed on
or before the fifteenth  calendar day following the  prescribed due date; or the
subject  quarterly report of transition  report on Form 10-Q, or portion thereof
will be filed on or before the fifth  calendar day following the  prescribed due
date; and

     (c)  The   accountant's   statement  or  other  exhibit  required  by  Rule
          12(b)-25(c) has been attached if applicable.

                                    PART III
                                    NARRATIVE

State below in reasonable  detail the reasons why Forms 10-K,  11-K, 10-Q, N-SAR
or the  transition  report or  portion  thereof,  could not be filed  within the
prescribed time period. (Attach extra sheets if needed.)

The Form 10-Q cannot be completed  within the  requested  time period due to the
additional  time  required to complete the financial  statements of  registrant,
primarily  as a  result  of the loss in  personnel  in  registrant's  accounting
department.


                                     PART IV
                                OTHER INFORMATION


(1)  Name  and  telephone  number  of  person  to  contact  in  regard  to  this
     notification

        Randall A Mackey       (801)             575-5000
        -----(name)---------(area code)-----(telephone number)--------

(2)  Have all other periodic  reports  required under Section 13 or 15(d) of the
     Securities Exchange Act of 1934 or Section 30 of the Investment Company Act
     of 1940 during the  preceding 12 months (or for such  shorter)  period that
     the registrant was required to file such report(s) been filed? If answer is
     no, identify report(s).

         |X|Yes    |_| No

(3)  Is it anticipated that any significant change in results of operations from
     the corresponding  period for the last fiscal year will be reflected by the
     earnings  statements  to be  included  in the  subject  report  or  portion
     thereof?

If so, attach an explanation of the  anticipated  change,  both  narratively and
quantitatively, and, if appropriate, state the reasons why a reasonable estimate
of the results cannot be made.

         |_|Yes    |X| No

                     Security National Financial Corporation
                 ----------------------------------------------
                  (Name of Registrant as Specified in Charter)

Has  caused  this  notification  to be signed on its  behalf by the  undersigned
hereunto duly authorized.



Date:   May 15, 2001                By: /s/ Scott M. Quist
                                       -------------------
                                       Scott M. Quist
                                       First Vice President, General Counsel
                                       and Treasurer