CONSENT OF INDEPENDENT ACCOUNTANTS

We  hereby  consent  to the  incorporation  by  reference  in this  Registration
Statement  on Form S-8 of our report  dated  January 24, 1996  appearing on page
A-28 of Springfield  Institution  for Savings' Annual Report on Form F-2 for the
year ended  December 31, 1995 which is included as exhibit 99.3 of SIS Bancorp's
Registration  Statement  on Form 8-A dated June 4, 1996.  We also consent to the
reference to us under the heading "Experts" in the Prospectus  constituting part
of this Registration Statement.



/s/ Price Waterhouse LLP
Boston, Massachusetts
September 4, 1996