Exhibit 23.3


                             [LETTERHEAD OF FINPRO]


December 19, 1997

Board of Directors
Trenton Savings Bank
134 Franklin Corner Road
Lawrenceville, NJ  08648

Dear Board Members:

We hereby consent to the use of our firm's name, FinPro,  Inc. ("FinPro") in the
Form S-1 Registration  Statement and Amendments thereto of Peoples Bancorp, Inc.
so filed with the  Securities and Exchange  Commission,  the Form AC Application
for  Conversion and the prospectus  included  therein filed by Peoples  Bancorp,
M.H.C. and any amendments thereto, for the Valuation Appraisal Report ("Report")
regarding  the  valuation of Trenton  Savings Bank  provided by FinPro,  and our
opinion regarding subscription rights filed as exhibits to the Form S-1 and Form
AC  referred  to below.  We also  consent to the use of our firm's  name and the
inclusion  of,  summary  of and  references  to our  Report  and  Opinion in the
prospectus included in the Form S-1, and any amendments thereto.


                                                       Very Truly Yours,



                                                      /s/  Donald J. Musso
                                                           ---------------------
                                                           Donald J. Musso

Liberty Corner, New Jersey
December 19, 1997