EXHIBIT 23.3




                                                                                 
Capital Resources Group, Inc.
1211 Connecticut Ave., N.W.  o  Suite 200  o  Washington, D.C.  20036  o  Tel(202) 466-5685  o  Fax(202) 466-5695





                    Consent of Capital Resources Group, Inc.

We hereby  consent to the use of the form of our opinion  letter to the Board of
Directors of Peoples  Savings  Financial  Corporation,  to the  Prospectus/Joint
Proxy Statement relating to the proposed merger of Emclaire Financial Corp., The
Farmers  National Bank of Emlenton and Peoples  Savings  Financial  Corporation,
Peoples  Savings Bank and to the references to our Firm and such opinion in such
Prospectus/Joint  Proxy Statement.  In giving such consent, we do not admit that
we come within the category of persons whose consent is required under Section 7
of the Securities Act of 1933, as amended,  or the rules and  regulations of the
Securities and Exchange Commission  thereunder,  nor do we thereby admit that we
are experts with respect to any part of such  Registration  Statement within the
meaning of the term "experts" as used in the Securities Act of 1933, as amended,
or  the  rules  and  regulations  of  the  Securities  and  Exchange  Commission
thereunder.


                                               /s/Capital Resources Group, Inc.
                                               --------------------------------
                                               Capital Resources Group, Inc.
                                               July 24, 1998