EXHIBIT 16 LETTER REGARDING CHANGE IN CERTIFYING ACCOUNTANT [CRISP HUGHES & CO., L.L.P. LETTERHEAD] June 19, 1996 The Securities and Exchange Commission Washington, DC 20549 Gentlemen: We were previously principal accountants for Nelson County Federal Savings & Loan Association and on August 17, 1995, we reported on the consolidated financial statements of Nelson County Federal Savings & Loan Association and Subsidiary ("Association") as of and for the two years ending June 30, 1995. On June 4, 1996, we were dismissed as principal accountants of the Association. We have read the Association's statements included under Item 4 of NCF Financial Corporation's Form 8-K for June 19, 1996, and we agree with such statements. It is our understanding that this letter will be filed as an Exhibit to the Form 8-K. Very truly yours, CRISP HUGHES & CO., L.L.P. /s/ Timothy A. Kelley ------------------------- Timothy A. Kelley, Partner