[Letterhead of Shatswell, MacLeod & Company, P.C.]

                                                               EXHIBIT 23.1

                     CONSENT OF INDEPENDENT ACCOUNTANTS

      We consent to the incorporation by reference in the Registration
Statement on Form S-8 of Falmouth Bancorp, Inc. of our report dated October
25, 2001, relating to the consolidated balance sheets of Falmouth Bancorp,
Inc. and Subsidiaries as of September 30, 2001 and 2000, 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 September 30,
2001, which report is incorporated by reference in the September 30, 2001
annual report on Form l0-KSB of Falmouth Bancorp. Inc.


                                       /s/ Shatswell, MacLeod & Company, P.C.

                                       SHATSWELL, MacLEOD & COMPANY, P.C.


West Peabody, Massachusetts

October 30, 2002