Exhibit 23

                          INDEPENDENT AUDITORS' CONSENT

We consent to the  incorporation  by reference  in  Registration  Statement  No.
333-4002 of Klamath First Bancorp, Inc. on Form S-8 of our report dated November
20, 2001,  appearing in the Annual Report on Form 10-K of Klamath First Bancorp,
Inc. and subsidiaries for the year ended September 30, 2001.


/s/ DELOITTE & TOUCHE LLP

Portland, Oregon
December 28, 2001