EXHIBIT 16

               LETTER REGARDING CHANGE IN CERTIFYING ACCOUNTANT




















                                                      July 3, 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  Amendment No. 1 to Form 8-K filed July 5, 1996, and we agree with
such statements.  It is our  understanding  that this letter will be filed as an
Exhibit to the Amendment No. 1 to Form 8-K.

                                    Very truly yours,


                                   CRISP HUGHES & CO., L.L.P.


                                   /s/ Timothy A. Kelley
                                   Timothy A. Kelley, Partner