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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
______________________________
FORM 8-KA
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES AND EXCHANGE ACT OF 1934
Date of Report: April 24, 1998
MECH FINANCIAL, INC.
Exact name of registrant as specified in its charter
STATE OF CONNECTICUT 000-23557 06-1500984
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State or other jurisdiction Commission File IRS Employer
of Incorporation Number Identification No.
100 PEARL STREET
HARTFORD, CT 06103
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Address of principal executive offices (Zip Code)
Registrant's phone number: (860) 293-4000
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ITEM 4.
CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
Consistent with the Company's prior disclosure on Form 8-KA dated April 2, 1998,
KPMG Peat Marwick, L.L.P. has succeeded Coopers & Lybrand L.L.P., who declined
to stand for re-election, as independent auditors for the fiscal year ending
December 31, 1998. A copy of the letter from Coopers & Lybrand L.L.P.
indicating their engagement has ended is attached as exhibit 1.
The report on the financial statements for the two most recent fiscal years by
Coopers & Lybrand L.L.P. did not contain an adverse opinion or a disclaimer of
opinion and was not qualified or modified as to any uncertainty, audit scope or
accounting principles. There were no disagreements between Coopers & Lybrand
L.L.P. and the management of MECH Financial, Inc. or its subsidiaries including
Mechanics Savings Bank on accounting policies or procedures, financial statement
disclosure or auditing scope or procedure.
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has caused the report to be signed on its behalf by the undersigned
hereunto duly authorized.
MECH Financial, Inc.
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Registrant
Date: April, 24, 1998 By: /s/ Thomas M. Wood
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Thomas M. Wood, Executive Vice
and Treasurer
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MECH Financial, Inc.
Exhibit 1
April 22, 1998
Mr. Thomas M. Wood
Executive Vice President and Treasurer
MECH Financial, Inc.
100 Pearl Street
Hartford, CT 06103
Dear Mr. Wood:
This is to confirm that the client-auditor relationship between MECH Financial,
Inc. And Coopers & Lybrand L.L.P. has ceased.
We have read the statements made by MECH Financial, Inc., which we understand
have been filed with the Commission, pursuant to Item 4 of 8-K, as part of the
Company's Form 8-KA report for the month of April, 1998. We agree with the
statements concerning our Firm in such Form 8-KA.
Sincerely,
/s/ Coopers & Lybrand L.L.P.
Coopers & Lybrand L.L.P.
