SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-KA
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 19,1999
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COMMISSION FILE NO.: 0-23126
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RELIANCE BANCORP, INC.
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(Exact name of registrant as specified in its charter)
Delaware 11-3187176
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(State or other Jurisdiction of Incorporation (IRS Employer or
organization) Identification No.)
585 Stewart Avenue, Garden City, New York 11530
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(Address of principal executive officer) (Zip Code)
Registrant's telephone number, including area code: (516) 222-9300
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Item 7 (c). Exhibits
Exhibit 99.1 Termination Letter from KPMG 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.
By: /s/ Raymond A. Nielsen
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Raymond A. Nielsen
President and
Chief Executive Officer
Dated: June 9, 1999
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Exhibit 99.1
[LOGO] KPMG Telephone 516-425-6000
1305 Walt Whitman Road
Suite 200
Melville, NY 11747-4302
May 27, 1999
Securities and Exchange Commission
Washington, DC 20549
Ladies and Gentlemen:
We were previously principal accountants for Reliance Bancorp, Inc. and, under
the date of July 23, 1998, we reported on the consolidated financial statements
of Reliance Bancorp, Inc. and subsidiary as of June 30, 1998 and 1997 and for
each of the years in the three-year period ended June 30, 1998. On May 19, 1999,
our appointment as principal accountants was terminated.
We have read Reliance Bancorp, Inc.'s statements included under Item 4 of its
Form 8-K, dated May 19, 1999 and we agree with such statements except that (1)
we are not in a position to agree or disagree with Reliance Bancorp, Inc.'s
statement that the decision to change accountants was recommended by the Audit
Committee of the Board of Directors and approved by the entire Board of
Directors based upon such recommendation and (2) we are not in a position to
agree or disagree with the statement that the Company engaged Arthur Andersen as
the Company's principal accountant.
Very truly yours,
/s/ KPMG LLP
