[Letterhead of Wooden & Benson, Chartered]


Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549

   Re:        Quantum Financial Holdings, Inc.

Gentlemen:

   We are unable issue our opinion on the financial statements of
Quantum Financial Holdings, Inc. at this time because we have
been unable to obtain access to the work-papers of the
predecessor accountants and have therefore been unable to
complete our audit procedures.  In addition, we are awaiting
clarification from the Office of Thrift Supervision as to the
classification of certain of the Company's assets for regulatory
reporting purposes which classification could have a material
impact on the Company's financial position.


                           WOODEN & BENSON, CHARTERED