COMMUNITY INVESTORS BANCORP INC
8-K/A, 1996-07-09
SAVINGS INSTITUTION, FEDERALLY CHARTERED
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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, DC  20549


                                   FORM 8-K/A


                                 AMENDED REPORT


     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):         May 14, 1996 
                                                     --------------------------

                      Community Investors Bancorp, Inc.
- --------------------------------------------------------------------------------
           (Exact name of registrant as specified in its charter)



         Ohio             33-84132              34-1779309
- --------------------------------------------------------------------------------
(State of Incorporation) (Commission File No.) (IRS Employer Identification No.)



                119 S. Sandusky Avenue, Bucyrus, Ohio  44820
- --------------------------------------------------------------------------------
                  (Address of principal executive offices)



Registrant's telephone number, including area code:       (419) 562-7055   
                                                       --------------------




                                    NONE
- --------------------------------------------------------------------------------
        (Former name or former address, if changed since last report)
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Item 1.          Changes in Control of Registrant

                 Not applicable.

Item 2.          Acquisition or Disposition of Assets

                 Not applicable.

Item 3.          Bankruptcy or Receivership

                 Not applicable.

Item 4.          Changes in Registrant's Certifying Accountant

                 On May 14, 1996, Community Investors Bancorp, Inc. (the
                 "Corporation"), with the approval of its Board of Directors,
                 decided to change the Corporation's independent certified
                 public accountant from Ernst & Young LLP to Grant Thornton
                 LLP.  Ernst & Young LLP served as the Corporation's
                 independent certified public accountant from 1967 through the
                 fiscal year ended June 30, 1995.  The Board of Directors'
                 decision to engage Grant Thornton LLP is based on the
                 resources of that firm's community-based financial institution
                 practice.  The Ernst & Young LLP reports on the consolidated
                 financial statements of the Corporation for the past two years
                 did not contain any adverse opinion or disclaimer of opinion,
                 nor were they qualified or modified as to uncertainty, audit
                 scope or accounting principles.  During the two most recent
                 fiscal years and the subsequent interim period preceding the
                 dismissal of Ernst & Young LLP as accountant, there have not
                 been any disagreements between the Corporation and Ernst &
                 Young LLP on any matter of accounting principles or practices,
                 consolidated financial statement disclosure or audit scope or
                 procedure which disagreements, if not resolved to the
                 satisfaction of the former accountant, would have caused such
                 accountant to make reference to the subject matter of the
                 disagreements in connection with its reports.

                 Grant Thornton LLP has been engaged as the Corporation's
                 independent certified public accountant effective as of May
                 14, 1996.  The Corporation has not requested or obtained any
                 advice from Grant Thornton LLP concerning any material
                 accounting, auditing or financial reporting issues regarding
                 the application of accounting principles to a specified
                 transaction or the type of audit opinion that might be
                 rendered on the Corporation's consolidated financial
                 statements.

Item 5.          Other Events

                 Not applicable.





                                        Page 2 of 3
<PAGE>   3
Item 6.          Resignation of Registrant's Directors

                 Not applicable.

Item 7.          Financial Statements and Exhibits

                 (a)      Financial Statements of Business Acquired

                          Not applicable.

                 (b)      Pro-Forma Financial Information

                          Not applicable.

                 (c)      Exhibits

                          (16)  Letter from Ernst & Young LLP.

Item 8.          Change in Fiscal Year

                 Not applicable.



                                   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 hereto duly authorized.

                                COMMUNITY INVESTORS BANCORP, INC.
                          
                          
                          
                          
Date:     July 8, 1996          By:         /s/ John W. Kennedy             
       ------------------          --------------------------------------------
                                     President and Chief Executive Officer
                           




                                  Page 3 of 3

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                                   EXHIBIT 16

                         LETTER FROM ERNST & YOUNG LLP
<PAGE>   2
                       [LETTERHEAD OF ERNST & YOUNG LLP]





July 3, 1996



Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C.  20549

Gentlemen:

As noted in our letter of May 22, 1996, we have read Item 4 of the initial Form
8-K/A dated May 29, 1996 and have also read Item 4 of the Amended Report on
Form 8-K/A dated June 26, 1996, of Community Investors Bancorp, Inc. and are in
agreement with the statements contained in paragraphs 1 and 2 on page 2
therein.  We have no basis to agree or disagree with other statements of the
registrant contained therein.

                                       Very truly yours,



                                       /s/ Ernst & Young LLP


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