Examination of the National Consumer Cooperative Bank's Financial Statements for the FY Ended September 30, 1981, and the Quarter Ended December 31, 1981

AFMD-83-45: Published: Apr 7, 1983. Publicly Released: Apr 7, 1983.

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GAO examined the balance sheets of the National Consumer Cooperative Bank as of September 30, 1981, and December 31, 1981, and the related statements of income, changes in equity, and changes in financial position for the year and the quarter then ended.

In the opinion of GAO, the financial statements presented fairly the financial position of the bank as of September 30, 1981, and December 31, 1981, and the results of its operations and the changes in its financial position for the year and the quarter then ended, in conformity with generally accepted accounting principles applied on a basis consistent with that of the preceding year.

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