GREENE COUNTY BANCSHARES INC
8-K, 2000-10-24
STATE COMMERCIAL BANKS
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                       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): October 18, 2000



                         GREENE COUNTY BANCSHARES, INC.
                         ------------------------------
             (Exact name of Registrant as specified in its charter)


           Tennessee                     0-14289              62-1222567
           ---------                     -------              ----------
  (State or Other Jurisdiction        (Commission          (I.R.S. Employer
        of Incorporation)             File Number)        Identification No.)

            100 North Main Street, Greeneville, Tennessee 37743-4992
            --------------------------------------------------------
                    (Address of principal executive offices)


                                 (423) 639-5111
                                 --------------
               Registrant's telephone number, including area code


                                 Not Applicable
                                 --------------
          (Former Name or former address, if changed since last report)

<PAGE>

Item 4.  Changes in Registrant's Certifying Accountant

       On October 18,  2000,  PricewaterhouseCoopers  LLP was  dismissed  as the
principal  accountants  and Crowe  Chizek and  Company  LLP were  engaged as the
principal  accountants.  The decision to change  accountants was approved by the
Audit Committee of Greene County Bancshares, Inc.

       The  audit  reports  of  PricewaterhouseCoopers  LLP on the  consolidated
financial  statements of Greene County Bancshares,  Inc. as of and for the years
ended  December  31,  1999 and 1998,  did not  contain  any  adverse  opinion or
disclaimer of opinion,  nor were they  qualified or modified as to  uncertainty,
audit scope or accounting principle.

      In  connection  with the audits of the two most recent  fiscal years ended
December 31, 1999 and 1998,  and the subsequent  interim period through  October
18, 2000, there have been no disagreements  with  PricewaterhouseCoopers  LLP on
any  matter  of  accounting   principles  or  practices,   financial   statement
disclosures,  or auditing  scope or  procedure,  which,  if not  resolved to the
satisfaction  of  PricewaterhouseCoopers  LLP,  would have  caused  them to make
reference thereto in their reports on the financial statements for such years.

      The Registrant has requested  that  PricewaterhouseCoopers  LLP furnish it
with a letter  addressed  to the SEC  stating  whether or not it agrees with the
above  statements.  A copy of such letter,  dated  October 23, 2000, is filed as
Exhibit 16 to this Form 8-K.

<PAGE>
                                   SIGNATURES

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  Registrant  has duly  caused  this  report  to be  signed  on behalf by the
undersigned hereunto duly authorized.

                                      GREENE COUNTY BANCSHARES, INC.


Date:   October 24, 2000              By:   /s/ R. Stan Puckett
                                         --------------------------------------
                                         R. Stan Puckett
                                         President, Chief Executive Officer
                                           and Director
                                         (Duly Authorized Representative)

<PAGE>

EXHIBIT INDEX

Exhibit   Description

16        Letter regarding
          change in
          certifying accountant


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