Abington Bancorp Announces Change in Independent Public Accountants.Business Editors Abington Bancorp, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ABBK) today announced that its Board of Directors voted to appoint PricewaterhouseCoopers LLP LLP - Lower Layer Protocol as the Corporation's independent public accountants. PricewaterhouseCoopers will replace Arthur Andersen LLP, who has served as the Corporation's auditors since 1991. The decision was made after careful consideration by the Board and its Audit Committee. Arthur Andersen provided the Corporation with many years of excellent service, with the highest level of professionalism. The Corporation has filed a Form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. Current Report with the Securities and Exchange Commission on this matter. Abington Savings Bank is a Massachusetts-chartered savings bank with offices in Abington, Brockton, Canton, Cohasset, Halifax, Hanover, Hanson, Holbrook, Hull, Kingston, Pembroke, Randolph and Whitman. Its deposits are insured by the Federal Deposit Insurance Corporation Federal Deposit Insurance Corporation (FDIC), an independent U.S. federal executive agency designed to promote public confidence in banks and to provide insurance coverage for bank deposits up to $100,000. and Depositors Insurance Fund The Depositors Insurance Fund was created by the state government of Massachusetts in response to the large number of Massachusetts bank failures during the Great Depression. The Federal Deposit Insurance Corporation was inspired by this fund. . Abington Bancorp, Inc. is quoted on the NASDAQ National Market System, Symbol ABBK. Corporate Office: 536 Washington Street, P.O. Box 2006, Abington, MA 02351 (781) 982-3200 |
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