Exhibit 23.2

                 CONSENT OF SHATSWELL, MACLEOD & COMPANY, P.C.



                       SHATSWELL, MacLEOD & COMPANY, P.C.
                       ----------------------------------
                          CERTIFIED PUBLIC ACCOUNTANTS






              CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS


     We consent to the incorporation by reference in this Registration Statement
on Form S-8 of our report dated January 29, 2007 on the  consolidated  financial
statements of Monadnock  Bancorp,  Inc. and Subsidiary,  as of December 31, 2006
and 2005 and for each of the years in the two-year  period  ending  December 31,
2006  included in the Annual  Report on Form 10-KSB (SEC File  No.000-50810)  of
Monadnock  Bancorp,  Inc. and  Subsidiary  for the year then ended  December 31,
2006.

                                  /s/ SHATSWELL, MacLEOD & COMPANY, P.C.
                                  SHATSWELL, MacLEOD & COMPANY, P.C.






West Peabody, Massachusetts
July 18, 2007













           83 PINE STREET * WEST PEABODY, MASSACHUSETTS 09160-3636 *
              TELEPHONE (978) 535-0206 * FACSIMILE (978) 535-9908
                      smc@shatswell.com www.shatswell.com