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                                                                    EXHIBIT 23.3
 
                         INDEPENDENT AUDITOR'S CONSENT
 
     We consent to the use in this Registration Statement of Cathay Bancorp,
Inc. on Form S-4 of our report on the consolidated financial statements of First
Public Savings Bank, F.S.B. and subsidiary dated March 1, 1996, appearing in the
Proxy Statement-Prospectus, which is part of this Registration Statement, and to
the reference to us under the heading "Experts" in such Proxy
Statement-Prospectus.
 
DELOITTE & TOUCHE LLP
 
Los Angeles, California
September 16, 1996