Schedule 13 G
Item 1 (a) Charter Financial Inc.
(b) 114 West Broadway
Sparta, IL 62286
Item 2 (a) Corbyn Investment Management, Inc., et al.
(b) Suite 108
2330 W. Joppa Road
Lutherville, Maryland 21093
(c) Incorporated in the State of Maryland
(d) Common Stock
(e) 161225107
Item 3 (h) The filer is a group consisting of an Investment Adviser
registered under Section 203 of the Investment Advisers Act of 1940 and
an Investment Company registered under Section 8 of the Investment
Company Act.
Item 4 N/A
Item 5 Reporting person has ceased to be the beneficial owner of more
than 5% of the class of securities.
Item 6 N/A
Item 7 N/A
Item 8 (a) The group consists of an Investment Adviser registered
under Section 203 of the Investment Advisers Act of 1940 (IA) and an
Investment Company registered under Section 8 of the Investment
Company Act (IV).
Item 9 N/A
Schedule 13 G
Item 1 (a) Charter Financial, Inc.
(b) 114 West Broadway
Sparta, IL 62286
Item 2 (a) Corbyn Investment Management, Inc.
(b) Suite 108
2330 W. Joppa Road
Lutherville, Maryland 21093
(c) Incorporated in the State of Maryland
(d) Common Stock
(e) 161225107
Item 3 (e) The filer is an Investment Adviser registered under Section
203 of the Investment Advisers Act of 1940.
Item 4 N/A
Item 5 Reporting person has ceased to be the beneficial owner of more
than 5% of the class of securities.
Item 6 N/A
Item 7 N/A
Item 8 N/A
Item 9 N/A
Schedule 13 G
Item 1 (a) Charter Financial, Inc.
(b) 114 West Broadway
Sparta, IL 62286
Item 2 (a) Greenspring Fund, Inc.
(b) Suite 110
2330 W. Joppa Road
Lutherville, Maryland 21093
(c) Incorporated in the State of Maryland
(d) Common Stock
(e) 161225107
Item 3 (d) The filer is an Investment Company registered under
Section 8 of the Investment Company Act.
Item 4 N/A
Item 5 Reporting person has ceased to be the beneficial owner of more
than 5% of the class of securities.
Item 6 N/A
Item 7 N/A
Item 8 N/A
Item 9 N/A
Item 10 By signing below I certify that, to the best of my
knowledge and belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose of and
do not have the effect of changing or influencing the control of the issuer
of such securities and were not acquired in connection with or as a
participant in any transaction having such purposes or effect.
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.
January 6, 1998
Signature
Charles vK. Carlson, President
Name/Title
<PAGE>
CUSIP No. 161225107 13G
1. Name of Reporting Person
SS Identification No. of Above Person
Corbyn Investment Management, Inc. et al
n/a
2. Check The Appropriate Box If A Member Of A Control Group (a) [x]
(b) [ ]
3. SEC Use Only
4. Citizenship or Place of Organization
Suite 108 2330 W. Joppa Rd.
Lutherville, MD 21093
Number Of 5. Sole Voting Power
Shares 0
Beneficially 6. Shared Voting Power
Owned By
Each 7. Sole Dispositive Power
Reporting 0
Person With 8. Shared Dispositive Power
9. Aggregate Amount Beneficially Owned By Each Reporting Person
0
10. Check Box if the Aggregate Amount in Row (9) Excludes
Certain Shares [ ]
11. Percent Of Class Represented By Amount In Row 9
n/a
12. Type Of Reporting Person
00- Group Consisting of IA and IV
CUSIP No. 161225107 13G
1. Name of Reporting Person
SS Identification No. of Above Person
Corbyn Investment Management, Inc.
52-0964322
2. Check The Appropriate Box If A Member Of A Control Group (a) [x]
(b) [ ]
3. SEC Use Only
4. Citizenship or Place of Organization
Suite 108 2330 W. Joppa Rd.
Lutherville, MD 21093
Number Of 5. Sole Voting Power
Shares 0
Beneficially 6. Shared Voting Power
Owned By
Each 7. Sole Dispositive Power
Reporting 0
Person With 8. Shared Dispositive Power
9. Aggregate Amount Beneficially Owned By Each Reporting Person
0
10. Check Box if the Aggregate Amount in Row (9) Excludes
Certain Shares [ ]
11. Percent Of Class Represented By Amount In Row 9
n/a
12. Type Of Reporting Person
IA
CUSIP No. 161225107 13G
1. Name of Reporting Person
SS Identification No. of Above Person
Greenspring Fund, Inc.
52-1267740
2. Check The Appropriate Box If A Member Of A Control Group (a) [x]
(b) [ ]
3. SEC Use Only
4. Citizenship or Place of Organization
Suite 110 2330 W. Joppa Rd.
Lutherville, MD 21093
Number Of 5. Sole Voting Power
Shares 0
Beneficially 6. Shared Voting Power
Owned By
Each 7. Sole Dispositive Power
Reporting 0
Person With 8. Shared Dispositive Power
9. Aggregate Amount Beneficially Owned By Each Reporting Person
0
10. Check Box if the Aggregate Amount in Row (9) Excludes
Certain Shares [ ]
11. Percent Of Class Represented By Amount In Row 9
n/a
12. Type Of Reporting Person
IV
