As filed with the Securities and Exchange Commission on November 3, 2000 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 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): November 3, 2000 ________________________ NORTH COUNTRY FINANCIAL CORPORATION (Exact Name of Registrant as Specified in Charter) Michigan 0-20167 38-2062816 (State of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 3530 North Country Drive Traverse City, Michigan 49684 (Address of Principal Executive Offices) (Zip Code) ________________________ Registrant's telephone number, including area code: (231) 929-5600 Item 9. Regulation FD Disclosure. On November 3, 2000 North Country Financial Corporation mailed the letter as set forth below to its shareholders. North Country Financial Corporation does not intend to update this information. [NORTH COUNTRY FINANCIAL CORPORATION LETTERHEAD] November 3, 2000 Dear North Country Shareholder: I wanted to inform you about a new development involving North Country Financial Corporation. Last week, North Country's Board of Directors decided to engage the investment banking firm of Howe Barnes Investments, Inc. to render certain financial advisory and investment banking services to North Country. Howe Barnes, based in Chicago, is a well regarded firm with particular knowledge and expertise in the area of Midwestern financial institutions. As North Country's directors and management continue to review business and operational strategies and alternatives with the goal of maximizing shareholder value, we have determined that the engagement of a qualified and experienced investment banking firm would assist us in achieving this goal. We have engaged Howe Barnes to evaluate various strategic alternatives for North Country, as well as to conduct a valuation assessment of the company. Howe Barnes will consider strategic business alternatives for North Country ranging from the opportunities presented through future internal growth and market expansion, to some form of possible business combination involving North Country and another party. Thank you for your continued support of North Country Financial Corporation. Very truly yours, /s/ Ronald G. Ford -------------------------- Ronald G. Ford Chairman and Chief Executive Officer 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. NORTH COUNTRY FINANCIAL CORPORATION By: /s/ Kristine E. Hoefler ---------------------------- Kristine E. Hoefler Chief Financial Officer Date: November 3, 2000.