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                  EXHIBIT 23.2 CONSENT OF KPMG PEAT MARWICK LLP




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                                                                  EXHIBIT 23.2




                        CONSENT OF INDEPENDENT AUDITORS



We consent to the  incorporation by reference in the  Registration  Statement on
Form S-8 of  BostonFed  Bancorp,  Inc.  (The  "Company")  of our  report,  dated
February 8, 1996,  related to the consolidated  balance sheets of the Company as
of December 31, 1995 and 1994 and the related  statements of income,  changes in
stockholders'  equity  and cash  flows for each of the  years in the  three-year
period ending  December 31, 1995,  which report is included in the Annual Report
on Form 10-K for the year ended  December  31, 1995 and to the  reference to our
firm  under  the  heading  "Interests  of  Named  Experts  and  Counsel"  in the
Registration Statement.



                                                /s/ KPMG Peat Marwick LLP



Boston, Massachusetts
March 21, 1997