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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8 - K
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934.
Press Release Dated January 21, 1999
Adirondack Financial Services Bancorp, Inc.
(Exact name of registrant as specified in its charter)
Delaware 333-43697 14-1801465
(State or other jurisdiction of (Commission File No.) (IRS Employer
incorporation or organization) Identification No.)
52 North Main Street, Gloversville, NY 12078
(Address of principal executive offices)
(518) 725-6331
(Registrants telephone number, including area code)
(Former name, former address and former fiscal year, if changed since last
report.)
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Item 1. Changes in Control of Registrant.
None
Item 2. Acquisition or Disposition of Assets.
None
Item 3. Bankruptcy or Receivership.
None
Item 4. Changes in registrant's Certifying Accountant.
None
Item 5. Other Events.
On January 21, 1999, the Registrant issued the attached press release.
Item 6. Resignations of Registrant's Directors.
None
Item 7. Financial Statements and Exhibits.
Exhibit 1 - Press Release
Item 8. Change in Fiscal Year.
None
Item 9. Sales of Equity Securities Pursuant to Regulation S.
None.
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SIGNATURES
In accordance with the requirements of the Exchange Act, the registrant caused
this report to be signed on its behalf by the undersigned, thereunto duly
authorized.
Adirondack Financial Services Bancorp, Inc.
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(Registrant)
Dated: January 21, 1999 \s\ Lewis E. Kolar
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Lewis E. Kolar
President and CEO
Dated: January 21, 1999 \s\ Menzo D. Case
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Menzo D. Case
Executive VP and CFO
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Adirondack Financial Services Bancorp, Inc.
Exhibit 1. Press Release
Adirondack Financial Services Bancorp, Inc.
52 North Main Street
Gloversville, New York 12078
NASDAQ Symbol: AFSB
Contact: Lewis E. Kolar
President & CEO
(518) 725-6331
For Immediate Release
Thursday, January 21, 1999
Gloversville, NY -- Adirondack Financial Services Bancorp, Inc. (Nasdaq OTC:
AFSB) announced that the Company's Executive Vice President and Chief Operating
Officer, Menzo D. Case, has accepted a position with another savings bank and
will resign effective January 31, 1999.
According to Lewis E. Kolar, President and CEO, "Menzo has long played a vital
role in the operations of the Association and Adirondack Financial." Mr. Kolar
added, "Menzo has been a key player during a period of unprecedented change.
He will be sorely missed."
