EXHIBIT 23

                        CONSENT OF INDEPENDENT AUDITORS

The Board of Directors
Quaker City Bancorp, Inc.:

  We consent to incorporation by reference in the Registration Statement (No.
33-83770) on Form S-8 of Quaker City Bancorp, Inc. of our report dated July
20, 2001 relating to the consolidated statements of financial condition of
Quaker City Bancorp, Inc. and subsidiaries as of June 30, 2001 and 2000 and
the related consolidated statements of earnings, comprehensive income,
stockholders' equity and cash flows for each of the years in the three-year
period ended June 30, 2001, which report appears in the June 30, 2001 annual
report on Form 10-K of Quaker City Bancorp, Inc.

                                          KPMG LLP

Los Angeles, California
September 27, 2001