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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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):
June 13, 1996
FIRST PLACE FINANCIAL CORPORATION
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(Exact name of registrant as specified in its charter)
New Mexico 0-25956 85-0317365
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(State or other jurisdiction of (Commission (I.R.S Employer
incorporation or organization) file number) Identification No.)
100 East Broadway, Farmington, New Mexico 87401
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Address of principal executive offices Zip Code
Registrant's telephone number, including area code: (505) 326-9000
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS
(a) At a meeting held on June 7, 1996, the Audit Committee of the Board of
Directors of First Place Financial Corporation (the Company), approved
the engagement of KPMG Peat Marwick LLP as the Company's principal
auditors for the year ending December 31, 1996. Prior to engaging
KPMG, Chandler and Company served as the Company's independent
public accountants and had audited the Company's accounts since
1988. The change was made to provide the Company more SEC and
banking industry expertise.
(b) In connection with the audits of the Company's financial statements
for the fiscal year ended December 31, 1995 and 1994 and for the
interim period through June 7, 1996, there were no disagreements with
Chandler and Company on any matter of accounting principles or
practices, financial statement disclosure or audit procedure or scope.
Neither report contained an adverse opinion or disclaimer of opinion
or was qualified or modified as to uncertainty, audit scope or
accounting principles.
(c) During the two most recent fiscal years through the present, there
have been no reportable events with Chandler and Company.
Additionally, the Company has not consulted with KPMG Peat
Marwick LLP regarding the application of accounting principles to
a specified transaction or the type of audit opinion that might be
rendered on the Company's financial statements during the two most
recent fiscal years through the interim period ended June 7, 1996.
(d) A letter from Chandler and Company, addressed to the Securities and
Exchange Commission is included as Exhibit 16 to this Form 8-K.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) EXHIBITS
NUMBER DESCRIPTION
16 Letter of Chandler and Company
to the Securities and Exchange
Commission
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
FIRST PLACE FINANCIAL CORPORATION
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(Registrant)
Date: June 13, 1996 James D. Rose
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James D. Rose
President and Chief Operating Officer
