SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
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May 17, 1999
GILMER FINANCIAL SERVICES, INC.
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(Exact name of Registrant as specified in its Charter)
Delaware 0-25076 72-2561513
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State or other (Commission File No.) (IRS Employer
jurisdiction of Identification
incorporation) Number)
218 West Cass Street, Gilmer, Texas 75644
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:(903) 843-5525
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N/A
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(Former name or former address, if changed since last report)
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Item 5. Other Events
On May 17, 1999, the Registrant issued the attached press release
announcing its intent to de-register with the Securities and Exchange Commission
("SEC") from the reporting requirements of the Securities Exchange Act of 1934.
Item 7. Financial Statements and Exhibits
(a) Exhibits
99. Press release dated May 17, 1999.
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SIGNATURE
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 thereunto duly authorized.
GILMER FINANCIAL SERVICES, INC.
Date: May 17, 1999 By: /S/GARY P. COOPER
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Gary P. Cooper, President
and Chief Executive Officer
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GILMER FINANCIAL SERVICES, INC.
218 West Cass Street
Gilmer, Texas 75644
PRESS RELEASE
For Immediate Release For Information Contact:
Date: May 17, 1999 Gary P. Cooper, President
(903) 843-5525
GILMER FINANCIAL SERVICES, INC.
ANNOUNCES INTENT TO DE-REGISTER WITH THE SEC
Gilmer, Texas, May 17, 1999 - Gilmer Financial Services, Inc. (the
"Company"), the parent holding company for Gilmer Savings Bank, FSB, announced
its intention today to de-register with the Securities and Exchange Commission
("SEC") from the reporting requirements of the Securities Exchange Act of 1934
effective May 19, 1999. The Company first became a public reporting company on
February 9, 1995, and at that time committed to remain a public reporting
company for at least three years.
Gary P. Cooper, President of the Company, indicated that the Board of
Directors approved the de-registration with the SEC in light of the Company's
current number of record stockholders and the cost savings to the Company. "The
deregistration will save the Company money both in legal and accounting fees,
since it won't have to comply with all the requirements of the SEC rules and
regulations," continued Mr. Cooper.
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