EXHIBIT 23.1


INDEPENDENT AUDITORS  CONSENT

We consent to the incorporation by reference in Registration Statement
No. 333-08481 of Harrington Financial Group, Inc. on Form S-8 of our report
dated August 12, 1996, appearing in this Annual Report on Form 10-K of
Harrington Financial Group, Inc. for the year ended June 30, 1996.




/s/ DELOITTE & TOUCHE LLP

DELOITTE & TOUCHE LLP
Indianapolis, Indiana

September 26, 1996