Board of Directors
Camco Financial Corporation

We have reviewed the accompanying consolidated balance sheets of Camco Financial
Corporation  as of June  30,  1998,  and the  related  statements  of  earnings,
comprehensive  income and cash flows for the three and six months then ended, in
accordance  with  Statements on Standards  for  Accounting  and Review  Services
issued  by  the  American  Institute  of  Certified  Public   Accountants.   All
information  included in these financial statements is the representation of the
management of Camco Financial Corporation

A review consists  principally of inquiries of company  personnel and analytical
procedures  applied to financial data. It is substantially less in scope than an
audit in accordance with generally accepted auditing standards, the objective of
which is the expression of an opinion  regarding the financial  statements taken
as a whole.
Accordingly, we do not express such an opinion.

Based on our review, we are not aware of any material  modifications that should
be made to the  accompanying  financial  statements  in order  for them to be in
conformity with generally accepted accounting principles.



GRANT THORNTON LLP

Cincinnati, Ohio
August 14, 1998