[GRAPHIC -- COMPANY LOGO]

Coopers & Lybrand L.L.P.               1301 Avenue of the Americas
a professional services firm           New York, New York         
                                       10019-6013

                                       telephone (212) 259-1000
                                       facsimile (212) 259-1301





                       CONSENT OF INDEPENDENT ACCOUNTANTS

We consent to the  incorporation by reference in the registration  statements of
B.M.J.  Financial  Corp.  and  subsidiaries  ("BMJFC")  on Form  S-3  (File  No.
33-89986)  and Forms S-8 (File Nos.  33-81250,  33-81252  and  33-81254)  of our
report, which includes an explanatory  paragraph due to BMJFC's change in method
of accounting for loan loss reserves, securities and income taxes, dated January
22, 1996 on our audits of the consolidated  financial  statements of BMJFC as of
December  31, 1995 and 1994 and for each of the three years in the period  ended
December  31, 1995,  which report is included in the 1995 Annual  Report on Form
10-K New York, New York March 26, 1996
















                    Coopers & Lybrand L.L.P. is a member of
                        Coopers & Lybrand International,
           a limited liability association incorporated in Switzerland