Exhibit 23.1
Consent of Igler & Dougherty, P.A.




IGLER & DOUGHERTY, P.A.
1501 Park Avenue East
Tallahassee, Florida 32301





                                     CONSENT

         We hereby  consent to the  references  to this firm and our opinions in
the  Registration  Statement  on Form S-1  filed by  Federal  Trust  Corporation
("Company"),  and all amendments thereto regarding the issuance and registration
of shares of common stock by the Company.



                                          IGLER & DOUGHERTY, P.A.


                                          /s/ IGLER & DOUGHERTY, P.A.



July 2, 1997









IGLER & DOUGHERTY, P.A.
1501 Park Avenue East
Tallahassee, Florida 32301





                                     CONSENT

         We hereby  consent to the  references  to this firm and our opinions in
the  Registration  Statement  on Form S-1  filed by  Federal  Trust  Corporation
("Company"),  and all amendments thereto regarding the issuance and registration
of shares of common stock by the Company.



                                          IGLER & DOUGHERTY, P.A.


                                          -----------------------------



July 2, 1997