EXHIBIT 23.1


                   CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS



To Affiliated Community Bancorp, Inc.:


We consent to incorporation by reference in the Registration Statement (No. 333-
20181) on Form S-8 of our report on the consolidated financial statements of The
Federal Savings Bank as of December 31, 1995 and for the year then ended which
report appears in the December 31, 1997 annual report on Form 10-K of Affiliated
Community Bancorp, Inc.


                                         KPMG Peat Marwick LLP


March 13, 1998

 
EXHIBIT 23.1


                   CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS


To Affiliated Community Bancorp, Inc.:


As independent public accountant, we hereby consent to the incorporation by
reference of our report dated January 14, 1998 on the consolidated financial
statements included in this Form 10-K, into the Company's previously filed
Registration Statement File No. 333-20181.


                                         Arthur Andersen LLP


Boston, Massachusetts
March 11, 1998