1
                                                                    Exhibit 23.1





The Board of Directors
of Community Financial Holding Corporation:

         We consent to incorporation by reference in the registration statement
on Form S-8 of Community Financial Holding Corporation (the Corporation) of our
report dated February 29, 1996, relating to the consolidated balance sheets of
the Corporation as of December 31, 1995 and 1994, and the related consolidated
statements of income, changes in shareholders' equity, and cash flows for each
of the years in the three- year period ended December 31, 1995, which report
appears in the December 31, 1995 annual report on Form 10-K of the Corporation.


KPMG PEAT MARWICK, L.L.P.


/s/  KPMG Peat Marwick, L.L.P.
Philadelphia, PA
August 30, 1996