EXHIBIT 23



                        CONSENT OF INDEPENDENT AUDITORS





We consent to the incorporation by reference in the following documents of our
report dated May 24, 2002 with respect to the consolidated financial statements
of Anchor BanCorp Wisconsin Inc. included in the Annual Report (Form 10-K) for
the year ended March 31, 2002:

        -  Registration Statement (Form S-8 No. 33-52666) pertaining to the 1992
           Stock Incentive Plan.

        -  Registration Statement (Form S-8 No. 333-81959) pertaining to the
           1999 Employee Stock Purchase Plan.

        -  Registration Statement (Form S-8 No. 333-81609) pertaining to the
           FCB Financial Corp. 1998 Incentive Plan, FCB Financial Corp. 1993
           Stock Option and Incentive Plan, OSB Financial Corp 1992 Stock
           Option and Incentive Plan.

        -  Registration Statement (Form S-8 No. 33-46536) pertaining to the
           AnchorBank, fsb Retirement Plan.




/s/ Ernst & Young LLP

Milwaukee, Wisconsin
June 13, 2002