COMMUNITY INVESTORS BANCORP INC
8-K/A, 1996-06-26
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)



<TABLE>
<S>                       <C>                      <C>
         Ohio                     33-84132                  34-1779309
- -----------------------------------------------------------------------------------
(State of Incorporation)  (Commission File No.)    (IRS Employer Identification No.)
</TABLE>



                  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.

Item 6.  Resignation of Registrant's Directors





                                  Page 2 of 3
<PAGE>   3
         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:     June 25, 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





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May 22, 1996



Mr. John W. Kennedy
President
Community Investors Bancorp, Inc.
119 S. Sandusky Avenue
Bucyrus, Ohio  44820

Dear Mr. Kennedy:

This is to confirm that the client-auditor relationship between Community
Investors Bancorp, Inc. (Commission File Number 33-84132) and Ernst & Young LLP
has ceased.

                                                      Very truly yours,



                                                      /s/ Ernst & Young LLP

cc:      Office of the Chief Accountant
         SECPS Letter File
         Securities and Exchange Commission
         Mail Stop 9-5
         450 Fifth Street, N.W.
         Washington, D.C.  20549







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