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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 11-K
[X] ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT
OF 1934 [NO FEE REQUIRED]
For the fiscal year ended December 31, 1998
[ ] TRANSITIONAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934 [NO FEE REQUIRED]
For the transition period from __________ to ___________
COMMISSION FILE NUMBER: 333-27373
THE STRONGSVILLE SAVINGS BANK 401(K) RETIREMENT SAVINGS PLAN
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(Full title of plan)
EMERALD FINANCIAL CORP.
14092 PEARL ROAD, STRONGSVILLE, OHIO 44136
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(Name of issuer of the securities held
pursuant to the plan and the address
of its principal executive office)
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THE STRONGSVILLE SAVINGS BANK 401(k) RETIREMENT SAVINGS PLAN
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FORM 11-K
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Required information
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Item 4. Financial Statements and Supplemental Schedules for the Plan.
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The Strongsville Savings Bank 401(k) Retirement Savings Plan ("Plan") is subject
to the Employee Retirement Income Security Act of 1974 ("ERISA"). In lieu of the
requirements of Items 1 -3 of this Form, the Plan is filing financial statements
and supplemental schedules prepared in accordance with the financial reporting
requirements of ERISA. The Plan financial statements and supplemental schedules
for the fiscal year ended December 31, 1998, are included as Exhibit 99.1 to
this report on Form 11-K and are incorporated herein by reference. The Plan
financial statements and supplemental schedules have been examined by KPMG LLP,
Independent Auditors, and their report is included therein.
Exhibits
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23.1 Consent of Independent Auditors, KPMG LLP Page 3
99.1 Financial statements and supplemental schedules of The Page 5
Strongsville Savings Bank 401(k) Retirement Savings Plan
for the year ended December 31, 1998, prepared in accordance
with the financial reporting requirements of ERISA. (To be
filed by amendment).
SIGNATURES
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Pursuant to the requirements of the Securities Act of 1934, the trustees (or
other persons who administer the Plan) have duly caused this annual report to be
signed on its behalf by the undersigned hereunto duly authorized.
The Strongsville Savings Bank 401(k) Retirement
Savings Plan
Date: June 30, 1999
By: /s/ John F. Ziegler
John F. Ziegler
Executive Vice President & Chief Financial Officer
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EXHIBIT 23.1
CONSENT OF INDEPENDENT ACCOUNTANTS
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The Board of Directors
Emerald Financial Corp.:
We consent to the incorporation by reference in the Registration Statement No.
333-27373 of Emerald Financial Corp. of our report dated May 14, 1999, relating
to the statements of net assets available for benefits of The Strongsville
Savings Bank 401(k) Retirement Savings Plan as of December 31, 1998 and 1997,
and the related statement of changes in net assets available for benefits for
the year ended December 31, 1998, which report appears in Form 11-K of The
Strongsville Savings Bank 401(k) Retirement Savings Plan.
KPMG LLP
Cleveland, Ohio
June 30, 1999
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