[Crowe Chizek and Company LLC Letterhead] December 22, 2006 Office of the Chief Accountant Securities and Exchange Commission 100 F Street, N. E. Washington, D.C. 20549 Ladies and Gentlemen: We have read the comments made regarding us in Item 4.01 of Form 8-K of Equitable Financial Corp. (Commission File Number 0-51514) dated December 19, 2006 and filed December 21, 2006, as contained in the first, fourth, and fifth sentences of the first paragraph of Item 4.01 and are in agreement with those statements. We are not in a position to agree or disagree with any other statements included in Item 4.01. /s/ Crowe Chizek and Company LLC Crowe Chizek and Company LLC Oak Brook, Illinois cc: Mr. Gary Hedman Audit/Compliance Committee Chairman Equitable Financial Corp.