CONSENT OF INDEPENDENT AUDITORS
                        -------------------------------


We consent to the use in this Registration  Statement of Nittany Financial Corp.
on Form SB-2 of our report dated January 31, 2003, on the consolidated financial
statements of Nittany  Financial Corp. for the years ended December 31, 2002 and
2001.  We also  consent to  references  to us under the heading "Experts" in the
Registration Statement on Form SB-2.



/s/S.R. Snodgrass, A.C.

Wexford, Pennsylvania
April 25, 2003