Exhibit 23.4

                  Consent of Feldman Financial Advisors, Inc.

 
                         [Feldman Financial Letterhead]

March 21, 1997



Board of Directors
Security Federal Savings Bank
of McMinnville, TN
306 West Main Street
McMinnville, Tennessee  37110

Gentlemen:

We hereby consent to the use of our name and summary of our valuation opinion,
as referenced in the Application for Approval of Conversion ("Form AC") filed
with the Office of Thrift Supervision by Security Federal Savings Bank of
McMinnville, TN (the "Bank"), regarding the estimated pro forma market value of
the Bank in connection with its conversion from mutual to stock form and
simultaneous sale of shares of common stock by Security Bancorp, Inc. (the
"Holding Company"). We also consent to reference in the Form AC the summary of
our opinion as to the value of subscription rights granted by the Bank.  We
further consent to the use of our name and summary opinions as noted above in
the Registration Statement and Prospectus filed by the Holding Company with the
Securities and Exchange Commission.

Sincerely,


/s/Feldman Financial Advisors, Inc.
Feldman Financial Advisors, Inc.