CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS




Board of Directors
Frankfort First Bancorp, Inc.
216 West Main Street
Frankfort, Kentucky  40602-0535


         Re:      Registration Statement on Form S-8
                  Frankfort First Bancorp, Inc./First Federal Savings Bank
                  Junior Officer Recognition Plan

     We consent to the incorporation by reference in this Registration Statement
on Form S-8 of our report dated August 9, 2002, on our audit of the consolidated
statement of financial condition of Frankfort First Bancorp, Inc. and subsidiary
as of June 30,  2002,  and the  related  consolidated  statements  of  earnings,
shareholders'  equity and cash  flows,  which are  included in  Frankfort  First
Bancorp,  Inc.'s  Annual  Report on Form 10-K for the fiscal year ended June 30,
2002.


/s/ Grant Thornton LLP
Grant Thornton LLP



March 6, 2003