LONDON FINANCIAL CORP
8-K, 1996-07-19
SAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED
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                                 UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION


                             Washington, DC 20549



                                   FORM 8-K

                                CURRENT REPORT

    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


        Date of Report (Date of earliest event reported): July 11, 1996

                         London Financial Corporation
            (Exact name of registrant as specified in its charter)



          Ohio                   0-26248                  34-1800830
- - -------------------------------------------------------------------------------
(State of Incorporation) (Commission File No.) (IRS Employer Identification No.)


                    2 East High Street, London, Ohio 43140
                   (Address of principal executive offices)


Registrant's telephone number, including area code:  614-852-0787.



<PAGE>


- - ------------------------------------------------------------------------------
                                   FORM 8-K
- - ------------------------------------------------------------------------------


Item 1.     Changes in Control of Registrant.

      Not applicable.

Item 2.     Acquisition or Disposition of Assets.

      Not applicable.

Item 3.     Bankruptcy or Receivership.

      Not applicable.

Item 4.     Changes in Registrant's Certifying Accountant.

      On July 11, 1996, London Financial Corporation (the "Corporation"), with
the approval of the Board of  Directors,  decided to change the  Corporation's
independent  public auditors from KPMG Peat Marwick LLP to Grant Thornton LLP.
KPMG Peat Marwick LLP served as the Corporation's  independent public auditors
from 1987  through  the fiscal year ended  September  30,  1995.  The Board of
Directors'  decision  to engage  Grant  Thornton  LLP is based on that  firm's
commitment toward serving mid-sized  community-based  financial  institutions.
The KPMG Peat Marwick LLP reports on the consolidated  financial statements of
the  Corporation for the past two years did not contain any adverse opinion or
disclaimer of opinion,  nor were they qualified or modified as to uncertainty,
audit scope or accounting  principles.  There have not been any  disagreements
between the  Corporation and KPMG Peat Marwick LLP on any matter of accounting
principles or practices,  consolidated financial statement disclosure or audit
scope or procedure.

      Grant  Thornton  LLP has been engaged as the  Corporation's  independent
public auditors  effective July 11, 1996. The Corporation has not requested or
obtained  any  advice  from  Grant   Thornton  LLP   concerning  any  material
accounting, auditing or financial reporting issue regarding the application of
accounting  principles to a specified transaction or the type of audit opinion
that might be rendered on the Corporation's consolidated financial statements.

Item 5.     Other Events.

      Not applicable.

Item 6.     Resignations of Registrant's Directors.

      Not applicable.


<PAGE>


Item 7.     Financial Statements and Exhibits.

      Letter from KPMG Peat Marwick LLP. (to be filed by amendment)

Item 8.     Change in Fiscal Year.

      Not applicable.



                                  SIGNATURES

      Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant  has duly  caused  this  report to be  signed on its  behalf by the
undersigned hereto duly authorized.



Date: July 19, 1996                      LONDON FINANCIAL CORPORATION
      -------------





                                     By: John J. Bodle
                                         _____________________________________

                                         President and Chief Executive Officer




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