Exhibit 23.1

                          INDEPENDENT AUDITORS' CONSENT


                                  Exhibit 23.1

                          INDEPENDENT AUDITORS' CONSENT



We consent to the  incorporation by reference in the  Registration  Statement of
Klamath First Bancorp,  Inc. on Form S-8 (File No. 333-4002) of our report dated
October 30, 1997, on the financial  statements appearing in the Annual Report to
stockholders  of Klamath First  Bancorp,  Inc. for the year ended  September 30,
1997.


/s/ DELOITTE & TOUCHE LLP

Portland, Oregon
December 23, 1997