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): December 22, 1997
InvestorsBancorp, Inc.
(Exact name of registrant as specified in its charter)
Wisconsin 0-29400 39-1854234
(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification No.)
incorporation)
W239 N1700 Busse Road, Waukesha, WI 53188
(Address of principal executive offices including zip code)
(414) 523-1000
(Registrant's telephone number)
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Item 4. Changes in Registrant's Certifying Accountant.
(a) On December 22, 1997, the registrant (a bank
holding company which was capitalized on June 12, 1997 and spun off by
Bando McGlocklin Capital Corporation to its shareholders on September 6,
1997) dismissed Price Waterhouse LLP as its independent accountant.
The report of Price Waterhouse LLP on the balance sheet
of registrant as of July 7, 1997 did not contain any adverse opinion or
any disclaimer of opinion, and was not qualified or modified as to
uncertainty, audit scope, or accounting principles.
The dismissal of Price Waterhouse LLP was approved by
the registrant's board of directors.
In connection with its audit of the balance sheet
referred to above, and from the period of capitalization (June 12, 1997)
through December 22, 1997, there have been no disagreements with Price
Waterhouse LLP on any matter of accounting principles or practices,
financial statement disclosure, or auditing scope or procedure, which
disagreements, if not resolved to the satisfaction of Price Waterhouse
LLP, would have caused it to make reference to the subject matter of the
disagreements in connection with its report on the financial statements
for such periods.
There are no events required to be reported under Item
304(a)(1)(v) of Regulation S-K.
(b) On December 22, 1997, the independent accounting
firm of Conley McDonald LLP was engaged by registrant to audit its
financial statements for the fiscal year ending December 31, 1997.
There are no items to report pursuant to Item
304(a)(2)(i) or (ii) of Regulation S-K.
Item 7. Financial Statements and Exhibits.
(a) None.
(b) None.
(c) Letter from Price Waterhouse LLP, dated December
30, 1997.
Pursuant to the requirements of the Securities Exchange
Act of 1934, InvestorsBancorp, Inc. has duly caused this Current Report on
Form 8-K to be signed on its behalf by the undersigned thereunto duly
authorized.
InvestorsBancorp, Inc.
By: /s/ Susan J. Hauke
Susan J. Hauke
Vice President Finance
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EXHIBIT INDEX
Exhibit No. Exhibit
7(c) Letter from Price Waterhouse LLP, dated
December 30, 1997.
EXHIBIT 7(c)
100 East Wisconsin Avenue Telephone 414 276 9500
Suite 1500
Milwaukee, WI 53202
Price Waterhouse LLP
December 30, 1997
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Ladies and Gentlemen:
InvestorsBancorp, Inc.
We have read Item 4 of InvestorsBancorp, Inc.'s Form 8-K dated December
30, 1997 and are in agreement with the statements contained in paragraph
4(a) therein.
Yours very truly,
/s/ Price Waterhouse LLP
