EXHIBIT 23.2

                              ACCOUNTANTS' CONSENT
                              --------------------


The Board of Directors
Community Bank of Excelsior Springs, a Savings Bank


We consent to the use in this Registration Statement of CBES Bancorp, Inc. Form
SB-2 and the Application for Conversion on Form AC of our report dated August
25, 1995, on the consolidated financial statements of Community Bank of
Excelsior Springs, a Savings Bank and subsidiary as of June 30, 1995 and 1994,
and for the fiscal years ended June 30, 1995 and 1994, and to the references to
our firm under the headings "Legal and Tax Matters" and "Experts" in the related
prospectus.


                                       /s/ KPMG Peat Marwick LLP

                                            KPMG Peat Marwick LLP


Kansas City, Missouri
July 31, 1996