<PAGE>
<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
December 5, 1996
QUANTUM FINANCIAL HOLDINGS, INC.
- ----------------------------------------------------------------
(Exact name of registrant as specified in its charter)
Maryland 0-26440 52-1919323
- ----------------------------------------------------------------
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
4023 Annapolis Road, Baltimore, Maryland 21227
- ----------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:(410) 789-6882
--------------
Not Applicable
- ----------------------------------------------------------------
(Former name or former address, if changed since last report)<PAGE>
<PAGE>
Item 4. Changes in Registrant's Certifying Accountants
(b) On December 5, 1996, the Registrant engaged Wooden &
Benson, Chartered, as its independent accountant. The
Registrant has not consulted Wooden & Benson, Chartered,
concerning any of the matters set forth in Item
304(a)(2) of Regulation S-K.
Item 7. Financial Statements, Pro Forma Financial Information
and Exhibits
None. <PAGE>
<PAGE>
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, hereunto duly authorized.
QUANTUM FINANCIAL HOLDINGS, INC.
Date: December 5, 1996 By: /s/ Richard W. Kraus
----------------------------
Richard W. Kraus
President
