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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
CURRENT REPORT*
Pursuant to Section 13 or 15(d) of the Securities Exchange Act
of 1934
Date of Report (Date of earliest event reported): July 2, 1996
GREAT FALLS BANCORP
(Exact name of registrant as specified in its charter)
NEW JERSEY 0-14294 22-2545165
(State or other (Commission (IRS Employer
jurisdiction of File No.) Identification No.)
incorporation)
55 UNION BOULEVARD, TOTOWA, NEW JERSEY 07512
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 201-942-1111
(Former name or former address, if changed since last report)
* This is an amended report. The original Report with respect to this event
was filed on or about June 25, 1996.
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Item 4. Changes in Registrant's Certifying Accountants
(1) Effective June 18, 1996, the registrant has elected not to reappoint
Arthur Andersen LLP as its independent accountants and to appoint Grant
Thornton LLP as its independent accountants. Arthur Andersen LLP's
reports on the financial statements for the two fiscal years ended
December 31, 1995 and 1994 were unqualified and did not contain an adverse
opinion, any disclaimers, qualification or modification as to uncertainty,
audit scope or accounting principles. The decision to change firms was
recommended by the Audit Committee of the Board of Directors.
In connection with the audits of the financial statements of the
registrant for the fiscal years ended December 31, 1995 and 1994 and
during the period commencing January 1, 1996 through June 17, 1996, there
were no disagreements or any reportable events as described in the
applicable sections of the item 304(a) of the Regulation SK.
Item 7. Financial Statements and Exhibits
( c) Exhibits 16.1
Letter from Arthur Andersen LLP
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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 hereunto duly authorized.
GREAT FALLS BANCORP
(Registrant)
/s/ George E. Irwin
(Signature)
George E. Irwin
President & Chief Operating Officer
/s/ Naqi A. Naqvi
(Signature)
Naqi A. Naqvi
Treasurer
Date: July 2, 1996
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Exhibit 16.1
Arthur
Andersen
Arthur Andersen LLP
101 Eisenhower Pkwy
Roseland, NJ 07068
(201) 403-6100
June 24, 1996
Mr. George E. Irwin
President
Great Falls Bancorp
55 Union Boulevard
Totowa, NJ 07512
Dear Mr. Irwin:
We have read Item 4 included in the attached Form 8-K dated June 18, 1996 of
Great Falls Bancorp to be filed with Securities and Exchange Commission and are
in agreement with the statements contained herein.
Very truly yours,
\s\ Arthur Andersen LLP
