Meridian Bancorp Inc Watch

from 11-K/A 1 page Exhibit 1 Consent of Independent Public Accountants We Consent to the Incorporation by Reference in the Registration Statement of Meridian Bancorp, Inc. on Form S-8 of Our Report Dated May 6, 1994, on Our Audits of the Financial Statements of Commonwealth Bancshares Corporation 401(k) Plan, as of December 31, 1993 and 1992, and for the Years Ended December 31, 1993 and 1992, Incorporated in This Annual Report on Form 11- K/a for the Year Ended December 31, 1993. Parente, Randolph, Orlando, Carey & Associates 400 Market Street Williamsport, Pennsylvania July 8, 1994

from NT 11-K/A 1 page [Letterhead of Parente, Randolph, Orlando, Carey & Associates] June 29, 1994 Securities and Exchange Commission 450 Fifth Street, N.W. Washington, DC 20549 Re: Commonwealth Bancshares Corporation 401(k) Plan Form 11-K Filing for the Year Ended December 31, 1993 Ladies and Gentlemen: We Have Been Advised That There Has Been an Extension of Time Requested to Complete the Above Reference Filing, and That the Reason Cited for the Need for Additional Time Is That the Applicable Audited Financial Statements Are Not Yet Available. the Applicable Audited Financial Statements Are Not Yet Available Because We Were Unable to Obtain Timely Confirmation of Certain Investment Information Necessary to Complete the Audit Prior to the June 30, 1994 Filing Date. Parente, Randolph, Orlando, Carey & Associates Williamsport, Pennsylvania June 29, 1994