KPMG Peat Marwick LLP






                          Independent Auditors' Consent


The Stockholders and the
   Board of Directors of
   JSB Financial, Inc.:


We consent to  incorporation  by reference in the  registration  statement (Nos.
33-37217,  33-36491  and  33-36490)  on Form S-8 of JSB  Financial,  Inc. of our
report  dated  January 30,  1997,  relating to the  consolidated  statements  of
financial  condition of JSB  Financial,  Inc. and  subsidiary as of December 31,
1996 and 1995,  and the related  consolidated  statements of income,  changes in
stockholders'  equity  and cash  flows for each of the  years in the  three-year
period ended December 31, 1996, which report is incorporated by reference to the
December 31, 1996 Annual Report on Form 10-K of JSB  Financial,  Inc. Our report
included  an  explanatory  paragraph  that  described  the  adoption  of  a  new
accounting principle as discussed in the notes to those statements.




                              KPMG PEAT MARWICK LLP


Jericho, New York
March 26, 1997