EXHIBIT 23
 
                        CONSENT OF INDEPENDENT AUDITORS
 
The Board of Directors
ONBANCorp, Inc.:
 
We consent to incorporation by reference in the registration statement Nos. 
33-22113, 33-30813, 33-49504, 33-49506, and 33-49508 on Form S-8 of 
ONBANCorp, Inc. of our report dated January 22, 1997, relating to the 
consolidated balance sheets of ONBANCorp, Inc. and subsidiaries as of 
December 31, 1996 and 1995, and the related consolidated statements of 
income, changes in shareholders' equity, and cash flows for each of the years 
in the three-year period ended December 31, 1996, which report has been 
incorporated by reference in the December 31, 1996 annual report on Form 10-K 
of ONBANCorp, Inc.

/s/ KPMG Peat Marwick LLP
- -------------------------
KPMG Peat Marwick LLP
 
Syracuse, New York
March 26, 1997
 

                                      30