Schedule 13 G


Item 1  (a) Rocky Ford Financial     
     (b) 801 Swink Avenue                 
     Rocky Ford, CO  81067        
                                      

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) 774549109


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  (a) 40,000  common shares
     (b) 9.5%
     (c) (i) Sole power to vote or direct the vote of all 40,000 shares
     (iii) Sole power to dispose of or direct the disposition of all 40,000
shares 


Item 5  N/A

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) Rocky Ford Financial      
     (b) 801 Swink Avenue           
     Rocky Ford, CO  81067        
              

Item 2  (a) Corbyn Investment Management,Inc.
     (b) Suite 108, 2330 W. Joppa Road
     Lutherville, Maryland  21093
       Incorporated in the State of Maryland
     (d) Common Stock
     (e) 774549109 


Item 3  (e) The filer is an Investment Adviser registered under 
            Section 203 of the Investment Advisers Act of 1940.


Item 4  (a) 23,500 common shares
     (b) 5.6%
     (c)(i) Sole power to vote or direct the vote of 23,500 shares
     (iii) Sole power to dispose of or direct the disposition of all 23,500
shares


Item 5  N/A

Item 6  N/A

Item 7  N/A

Item 8  N/A

Item 9  N/A






                         Schedule 13 G



Item 1  (a) Rocky Ford Financial
     (b) 801 Swink Avenue           
     Rocky Ford, CO  81067             
                       

Item 2  (a) Greenspring Fund, Inc.
     (b) Suite 110,  2330 W. Joppa Road
     Lutherville, Maryland  21093
       Incorporated in the State of Maryland
     (d) Common Stock
     (e) 774549109


Item 3    (d) The filer is an Investment Company registered under 
Section 8 of the Investment Company Act.


Item 4  (a) 16,500 common shares
     (b) 3.9%
     (c) (i) Sole power to vote or direct the vote of all 16,500 shares
     (iii) Sole power to dispose of or direct the disposition of all 16,500
shares


Item 5  N/A

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.


Date: January 8, 1998


Signature
Name/Title:  Charles vK Carlson, President




          






















CUSIP No.  774549109     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 Shares Beneficially Owned By Each Reporting Person:

5.  Sole Voting Power
      40,000

6.  Shared Voting Power

7.  Sole Dispositive Power
      40,000

8.  Shared Dispositive Power

9.  Aggregate Amount Beneficially Owned By Each Reporting Person
      40,000

10.  Check Box if the Aggregate Amount in Row (9) Excludes 
     Certain Shares [ ]

11.  Percent Of Class Represented By Amount In Row 9
     9.5%

12.  Type Of Reporting Person
     00- Group Consisting of IA and IV



CUSIP No.  774549109     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 Shares Beneficially Owned By Each Reporting Person With:

5.  Sole Voting Power
      23,500

6.  Shared Voting Power

7.  Sole Dispositive Power
      23,500

8.  Shared Dispositive Power


9.  Aggregate Amount Beneficially Owned By Each Reporting Person
      23,500

10.  Check Box if the Aggregate Amount in Row (9) Excludes 
     Certain Shares [ ]

11.  Percent Of Class Represented By Amount In Row 9
     5.6%

12.  Type Of Reporting Person
      IA 


CUSIP No.  774549109     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 Shares Beneficially Owned By Each Reporting Person With:

5.  Sole Voting Power
      16,500

6.  Shared Voting Power

7.  Sole Dispositive Power
      16,500

8.  Shared Dispositive Power


9.  Aggregate Amount Beneficially Owned By Each Reporting Person
      16,500

10.  Check Box if the Aggregate Amount in Row (9) Excludes 
     Certain Shares [ ]

11.  Percent Of Class Represented By Amount In Row 9
     3.9%

12.  Type Of Reporting Person
      IV