EXHIBIT 16.1

[LOGO OF PRICEWATERHOUSECOOPERS APPEARS HERE]


October 5, 1998


Securities and Exchange Commission
450 5th Street, N.W.
Washington, D.C. 20549

Commissioners:

We have read the attached statements which are to be substituted in the first 
amendment to the registration statement on Form S-1 for the current language 
appearing under the heading "CHANGE IN ACCOUNTANTS," which registration 
statement was initially filed by BankVest Capital Corp. with the Securities and 
Exchange Commission on September 30, 1998. We agree with the statements 
concerning Coopers & Lybrand L.L.P.

Yours truly,

/s/ PricewaterhouseCoopers LLP

PriceWaterhouseCoopers LLP


 
                                    INSERT


Coopers & Lybrand L.L.P. served as auditor to the Company prior to May 1997, and
had audited the Company's consolidated financial statements through the year
ended June 30, 1996. Upon becoming aware of the Company's intent to issue
securities in an initial public offering, Coopers & Lybrand L.L.P. advised the
Company that it was independent of the Company under the rules of the American
Institute of Certified Public Accountants. However, because of a familial
relationship between a partner of Coopers & Lybrand L.L.P. and an executive
officer of the Company, Coopers & Lybrand L.L.P. would not be deemed to be
independent of the Company under the rules of the Commission. Accordingly, in
May 1997, Coopers & Lybrand L.L.P. resigned as the Company's auditor and the
Board of Directors of the Company appointed Deloitte & Touche LLP to reaudit the
Company's consolidated financial statements included in this Prospectus.

The reports of Coopers & Lybrand L.L.P. on the Company's June 30, 1995 and 1996
consolidated financial statements did not contain any adverse opinion or
disclaimer of opinion and were not qualified or modified as to uncertainty,
audit scope or accounting principles. In addition, in connection with its audits
of the two fiscal years ended June 30, 1996, and through May 1997, there were no
disagreements with Coopers & Lybrand L.L.P. on any matter of accounting
principles or practices, financial statement disclosure, or auditing scope or
procedure, which disagreements if not resolved to the satisfaction of Coopers &
Lybrand L.L.P. would have caused them to make reference thereto in their report
on the financial statements for such years.