QUANTUM FINANCIAL HOLDINGS INC
15-12G, 1998-04-23
SAVINGS INSTITUTION, FEDERALLY CHARTERED
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NOTE:  This Form 15 was originally transmitted for filing and
issued an accession number (0000904280-98-125) on March 6, 1998. 
Due to apparent technical problems, however, the Form 15 was not
included in the EDGAR database.  Accordingly, the Form 15 is
being refiled.

                     UNITED STATES
          SECURITIES AND EXCHANGE COMMISSION
                Washington, D.C.  20549

                        FORM 15

CERTIFICATION AND NOTICE OF TERMINATION OF
REGISTRATION UNDER SECTION 12(g) OF THE SECURITIES
EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE
REPORTS UNDER SECTION 13 AND 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934.

                                 Commission File Number  0-26440 
                                                         -------
     
                           
           QUANTUM FINANCIAL HOLDINGS, INC.           
   ------------------------------------------------------------
  (Exact name of registrant as specified in charter)

                  4023 ANNAPOLIS ROAD
               BALTIMORE, MARYLAND 21227
                    (410) 789-6882                    
   ------------------------------------------------------------
  (Address, including zip code, and telephone number, including
   area code, of registrant's principal executive offices)

             COMMON STOCK, $.01 PAR VALUE
   ------------------------------------------------------------
     (Title of each class of securities covered by this Form)

                         NONE
   ------------------------------------------------------------
   (Title of all other classes of securities for which a duty
    to file reports under section 13(a) or 15(d) remains)

     Please place an X in the box(es) to designate, the
appropriate rule provision(s) relied upon to terminate or
suspend the duty to file reports:

Rule 12g-4(a)(1)(i)      [x]          Rule 12h-3(b)(1)(i)   [ ]
Rule 12g-4(a)(1)(ii)     [ ]          Rule 12h-3(b)(1)(ii)  [ ]
Rule 12g-4(a)(2)(i)      [ ]          Rule 12h-3(b)(2)(i)   [ ]
Rule 12g-4(a)(2)(ii)     [ ]          Rule 12h-3(b)(2)(ii)  [ ]
                                      Rule 15d-6            [ ]

Approximate number of holders of record as of the
certification or notice date: 105

   Pursuant to the requirements of the Securities Exchange
Act of 1934, QUANTUM FINANCIAL HOLDINGS, INC. has caused
this certification/notice to be signed on behalf by the
undersigned duly authorized person.


Date: 3/6/98                   By: /s/ Richard W. Kraus
      ------                       ---------------------------
                                   Richard W. Kraus, President

Instruction:  This form is required by Rules 12g-4, 12h-3
and 15d-6 of the General Rules and Regulations under the
Securities Exchange Act of 1934.  The registrant shall
file with the Commission three copies of Form 15, one of
which shall be manually signed.  It may be signed by an
officer of the registrant, by counsel or by any other duly
authorized person.  The name and title of the person
signing the form shall be typed or printed under the
signature.


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