FELDMAN FINANCIAL ADVISORS, INC.
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                                                   1725 K STREET, NW - SUITE 205
                                                            WASHINGTON, DC 20006
                                             (202) 467-6862 - FAX (202) 467-6963




March 31, 2003



Board of Directors
Community First Bank
240 South Main Street
Madisonville, KY  42431-2558

Gentlemen:

We hereby  consent to the use of our name and summary of our valuation  opinion,
as referenced in the Form AC  Application  for  Conversion  (the  "Application")
filed  by  Community   First  Bank  (the  "Bank")  with  the  Office  of  Thrift
Supervision,  regarding  the  estimated  aggregate pro forma market value of the
Bank in  connection  with its  reorganization  from  mutual  to  stock  form and
simultaneous  offering  for sale of a minority  ownership  interest of shares of
common stock by Community First Bancorp, Inc. (the "Company").

We also consent to reference in the Application the summary of our opinion as to
the value of subscription  rights granted by the Bank. We further consent to the
use of our name and summary  opinions  as noted above in Form SB-2  Registration
Statement filed by the Company with the Securities and Exchange Commission.

Sincerely,


/s/ Feldman Financial Advisors, Inc.

FELDMAN FINANCIAL ADVISORS, INC.