CONSENT OF INDEPENDENT ACCOUNTANTS



         We  consent  to the  incorporation  by  reference  in the  Registration
Statements (File Nos. 333-1350 and 333-4242) of Ottawa Financial  Corporation on
Form  S-8  and  in the  Registration  Statement  (File  No.333-4950)  of  Ottawa
Financial  Corporation on Form S-3 of our report dated February 26, 1999, on the
financial statements of Ottawa Financial Corporation as of December 31, 1998 and
1997,  and for each of the three years in the period  ended  December  31, 1998,
which report is included in the  Corporation's  1998 Annual  Report on Form 10-K
filed pursuant to the Securities Exchange Act of 1934, as amended.




                                            /s/ Crowe, Chizek and Company LLP
                                            ---------------------------------
                                            Crowe, Chizek and Company LLP


Grand Rapids, Michigan
March 30, 1999