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                               Exhibit 99.1

                   PRIOR YEAR 2000 READINESS DISCLOSURES


Each of the following statements previously made by the Corporation is
being designated as a "Year 2000 Readiness Disclosure" under the Year 2000
Information and Readiness Disclosure Act.  These prior Year 2000 Readiness
Disclosures were based in part upon and repeated information provided by
the Corporation's customers, suppliers and other third parties without
independent verification by the Corporation.  These prior Year 2000
Readiness Disclosures are superseded by the Year 2000 Readiness Disclosure
in the Quarterly Report on Form 10-Q for the period ended September 30,
1998.

ANNUAL REPORT ON FORM 10-KSB FOR THE YEAR ENDED DECEMBER 31, 1997

YEAR 2000 COMPLIANCE.  The Corporation is currently in the process of
addressing an issue that is facing all users of automated information
systems. The issue is that many computer systems that process transactions
based on two digits representing the year of the transaction may recognize
a date using "00" as the year 1900 rather than the year 2000. The inability
to correctly recognize "00" as the year 2000 could affect a wide variety of
automated information systems, such as mainframe applications, personal
computers and communication systems, in the form of software failure,
errors or miscalculations.

The Corporation has developed a plan to prepare for the year 2000. This
plan includes the performance of an inventory of software applications
(approximately 50% complete), communicating with third party vendors and
suppliers, and obtaining certifications of compliance from third party
providers.  The Corporation's core computer services provider, West Shore
Computer Services, Inc. ("West Shore") (20% of the stock of which is owned
by the Corporation) has implemented its own plan to perform an inventory of
its systems and ensure that its systems are year 2000 compliant.  The
Corporation believes that West Shore has completed approximately 15% of its
plan.

The Corporation will continue to assess the impact of the year 2000 issue
on the remainder of its computer-based systems and applications throughout
1998. The Corporation's goal is to perform tests of its systems and
applications during 1998 and to have all systems and applications compliant
with the century change by early 1999.

The Corporation is continuing to seek assurances that the systems of other
companies on which the Corporation's systems rely will be timely converted
or modified. If such modifications and conversions are not completed
timely, their inability to correctly recognize the year 2000 could have an
adverse impact on the operations of the Corporation.


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The Corporation believes that with modifications to existing software and
conversions to new software, the year 2000 issue should not pose
significant operational problems for its computer systems and that costs to
be incurred are not expected to be material to the Corporation's results of
operations, liquidity or capital resources.

The date on which the Corporation projects it will complete the year 2000
modifications was based on management's best estimates. There can be no
guarantee that these estimates will be achieved and actual results could
differ from those anticipated. Specific factors that might cause
differences include, but are not limited to, the ability of other companies
on which the Corporation's systems rely to modify or convert their systems
to be year 2000 compliant, the ability to locate and correct all relevant
computer codes, and similar uncertainties.

































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