EXHIBIT 10.8.3     QUAKER CITY FEDERAL SAVINGS AND LOAN ASSOCIATION CHANGE IN
                   CONTROL AGREEMENT RENEWAL AND EXTENSION ACKNOWLEDGEMENT
                   BETWEEN QUAKER CITY FEDERAL SAVINGS AND LOAN ASSOCIATION AND
                   HAROLD RAMS DATED JULY 1, 1997.


               QUAKER CITY FEDERAL SAVINGS AND LOAN ASSOCIATION
                          CHANGE IN CONTROL AGREEMENT
                     RENEWAL AND EXTENSION ACKNOWLEDGEMENT




Name of Participant:              Harold Rams
                    -------------------------------------




The undersigned participant does hereby acknowledge that, at their regularly 
scheduled meeting on June 19, 1997, the Board of Directors of Quaker City 
Federal Savings and Loan Association acted to renew and extend the Quaker City 
Federal Savings and Loan Association Change in Control Agreement with the 
undersigned participant to a full twenty-four (24) month term, until June 30, 
1999.


Dated this __1st__ day of ___July___, A.D., ____1997____.




                                                QUAKER CITY FEDERAL SAVINGS AND
                                                LOAN ASSOCIATION


 /s/ Harold Rams                                By: /s/ Frederic R. McGill
- ----------------                                   -----------------------
Participant                                     President