(Letterhead of McGladrey & Pullen, LLP)



              CONSENT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS



We hereby consent to the incorporation by reference into this Registration
Statement on Form S-8 of South Street Financial Corp. of our report dated
November 6, 1997, relating to the consolidated statements of financial condition
of South Street Financial Corp. and subsidiary as of September 30, 1997 and
1996, and the related consolidated statements of income, stockholders' equity
and cash flows for each of the years in the three year period ended September
30, 1997, which report was incorporated by reference in the September 30, 1997
Form 10-K of South Street Financial Corp.


McGLADREY & PULLEN, LLP



Charlotte, North Carolina
February 10, 1998