UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported): March 21, 2002
EMCLAIRE FINANCIAL CORP.
(Exact name of registrant as specified in its charter)
Pennsylvania 000-18464 25-1606091
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
612 Main Street, Emlenton, PA 16373
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (724) 867-2311
Item 4. Change in Registrant's Certifying Accountant
a. Effective March 21, 2002, Emclaire Financial Corp. (the Corporation)
replaced its independent auditors, S.R.Snodgrass, A.C. (Snodgrass) with
Crowe, Chizek and Company LLP (Crowe Chizek). Snodgrass' report on the
Corporation's consolidated financial statements during the two most recent
fiscal years preceding the date hereof contained no adverse opinion or a
disclaimer of opinions, and was not qualified or modified as to
uncertainty, audit scope or accounting principles. The decision to change
accountants was approved by the Corporation's Audit Committee. During the
last two fiscal years and the subsequent interim period to the date hereof,
there were no disagreements between the Corporation and Snodgrass on any
matters of accounting principles or practices, financial statement
disclosure, or auditing scope or procedure, which disagreement(s), if not
resolved to the satisfaction of Snodgrass, would have caused it to make a
reference to the subject matter of the disagreement(s) in connection with
its reports. None of the "reportable events" described in Item 304(a)(1)(v)
of Regulation S-B occurred with respect to the Corporation within the last
two fiscal years and the subsequent interim period to the date hereof.
b. Effective March 21, 2002, the Corporation engaged Crowe Chizek as its
independent auditors for the fiscal year ending December 31, 2002. During
the last two fiscal years and the subsequent interim period to the date
hereof, the Corporation did not consult Crowe Chizek regarding any of the
matters or events set forth in Item 304(a)(2)(i) and (ii) of Regulation
S-B.
The Corporation has requested Snodgrass to furnish it with a letter addressed to
the Securities and Exchange Commission stating whether it agrees with the above
statements.
Exhibits
Exhibit Number Description
16.1 Letter of S.R. Snodgrass, A.C. re: Change in
Certified Public Accountants
(to be filed by amendment)
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 hereunto duly authorized.
EMCLAIRE FINANCIAL CORP.
Date: March 21, 2002 BY: /s/ William C. Marsh
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Name: William C. Marsh
Title: Principal Financial Officer
Secretary/Treasurer
Chief Financial Officer