U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
1. Name and Address of Reporting Person
Wolpert, Geoffrey A.
1854 Jayell Road
Sevierville, TN USA 37862
2. Date of Event Requiring Statement (Month/Day/Year)
8/25/98
3. IRS or Social Security Number of Reporting Person (Voluntary)
###-##-####
4. Issuer Name and Ticker or Trading Symbol
BankFirst Corporation BKFR
Relationship of Reporting Person to Issuer (Check all applicable)
(x) Director ( ) 10% Owner ( ) Officer (give title below)
( ) Other (specify below)
If Amendment, Date of Original (Month/Year)
<TABLE>
<CAPTION>
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Table I -- Non-Derivative Securities Beneficially Owned
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1. Title of Security |2. Amount of |3. Ownership |4. Nature of Indirect |
| Securities | Form: | Beneficial Ownership |
| Beneficially | Direct(D) or | |
| Owned | Indirect(I) | |
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<S> <C> <C> <C>
Common Stock |4885 |D | |
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Common Stock |1285 |I |Related Interests |
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<CAPTION>
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Table II -- Derivative Securities Beneficially Owned |
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1.Title of Derivative |2.Date Exer- |3.Title and Amount | |4. Conver-|5. Owner- |6. Nature of Indirect |
Security | cisable and | of Underlying | |sion or |ship: | Beneficial Ownership |
| Expiration | Securities | |exercise |Form of | |
| Date(Month/ |-----------------------|---------|price of |Deriv- | |
| Day/Year) | |Amount |deri- |ative | |
| Date | Expira- | |or |vative |Security: | |
| Exer- | tion | Title |Number of|Security |Direct(D) or | |
| cisable | Date | |Shares | |Indirect(I) | |
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<S> <C> <C> <C> <C> <C> <C> <C>
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Common Stock Option Plan| [1] |12/31/06 |Common Stock |15625 |6.96 |D | |
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Common Stock Option Plan| [2] |3/21/97 |Common Stock |3125 |7.68 |D | |
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</TABLE>
Explanation of Responses:
1. Option granted 12/31/96 and vests 20% each year for 5 years
2. Option granted 3/21/97 and vests 20% per year
SIGNATURE OR REPORTING PERSON
DATE
