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
Amendment  No.1 to the Form S-1  Registration  Statement  filed by Federal Trust
Corporation  ("Company"),  and any amendments thereto regarding the issuance and
registration of shares of common stock by the Company.




                                                         IGLER & DOUGHERTY, P.A.


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September 15, 1997