Exhibit 23.1


The Board of Directors
Lake Forest Bancorp, Inc.

We consent to the use of our reports included herein (or incorporated 
herein by reference) in this Current Report on Form 8-K filed by 
Wintrust Financial Corporation.



                              KPMG PEAT MARWICK LLP





Chicago, Illinois
September 13, 1996




                             Page 8 of 12




The Board of Directors
North Shore Community Bancorp, Inc.

We consent to the use of our reports included herein (or incorporated  
herein by reference) in this Current Report on Form 8-K filed by 
Wintrust Financial Corporation.



                              KPMG PEAT MARWICK LLP





Chicago, Illinois
September 13, 1996 



                                Page 9 of 12

 



The Board of Directors
Hinsdale Bancorp, Inc.

We consent to the use of our reports included herein (or incorporated 
herein by reference) in this Current Report on Form 8-K filed by 
Wintrust Financial Corporation.



                              KPMG PEAT MARWICK LLP





Chicago, Illinois
September 13, 1996
 



                                Page 10 of 12




The Board of Directors
Libertyville Bancorp, Inc.

We consent to the use of our reports included herein (or incorporated
herein by reference) in this Current Report on Form 8-K filed by 
Wintrust Financial Corporation.



                              KPMG PEAT MARWICK LLP





Chicago, Illinois
September 13, 1996


                              Page 11 of 12