EXHIBIT No. 23
ERNST & YOUNG LLP
CONSENT OF INDEPENDENT AUDITORS
We consent to the incorporation by reference in (1) Registration Statement
(Form S-8, Number 33-15064, dated June 17, 1987, pertaining to the Chemical
Financial Corporation 1987 Award and Stock Option Plan, (2) the Registration
Statement (Form S-8, Number 33-40792, dated May 21, 1991) pertaining to
the Chemical Financial Corporation 401(k) Savings Plan and in the related
Prospectus, (3) the Registration Statement (Form S-8, Number 33-47356,
dated April 28, 1992) pertaining to the Chemical Financial Corporation
1992 Stock Purchase Plan for Subsidiary Directors (4) the Registration
Statement (Form S-8, Number 333-38511, dated October 22, 1997) pertaining
to the Chemical Financial Corporation 1997 Stock Incentive Plan and (5)
the Registration Statement (Form S-8, Number 333-70225), dated January
6, 1999, pertaining to Chemical Financial Corporation 1998 Stock Purchase
Plan of our report dated January 21, 2000 with
respect to the consolidated financial statements of Chemical Financial
Corporation included in the Annual Report (Form 10-K) for the year ended
December 31, 1999.
We consent to the incorporation by reference of (1) the Registration
Statement (Form S-8, Number 33-40792, dated May 21, 1991) pertaining to
the Chemical Financial Corporation 401(k) Savings Plan and in the related
Prospectus of our report dated January 28, 2000, with respect to the financial
statements and schedules of the Chemical Financial Corporation 401(k) Savings
Plan included in the Annual Report (Form 10-K) for the year ended December
31, 1999 and (2) the Registration Statement (Form S-8, Number 33-47356,
dated April 28, 1992) pertaining to the Chemical Financial Corporation
1992 Stock Purchase Plan for Subsidiary Directors and in the related Prospectus
of our report dated January 21, 2000, with respect to the financial statements
of Chemical Financial Corporation 1992 Stock Purchase Plan for Subsidiary
Directors included in the Annual Report (Form 10-K) for the year ended
December 31, 1999, and (3) the Registration Statement (Form S-8, Number
333-70225, dated January 6, 1999) pertaining to the Chemical Financial
Corporation 1998 Stock Purchase Plan for Subsidiary Directors and in the
related Prospectus of our report dated January 21, 2000, with respect to
the financial statements of the Chemical Financial Corporation 1998 Stock
Purchase Plan for Subsidiary Directors included in the Annual Report (Form
10-K) for the year ended December 31, 1999.
| March 17, 2000 |
/s/ Ernst & Young LLP |
