Exhibit 23.2

                         [KPMG PEAT MARWICK LETTERHEAD]


                              ACCOUNTANT'S CONSENT



The Board of Directors
Gloversville Federal Savings and
Loan Association


   
We  consent  to the use in this  Registration  Statement  on Form S-1 and in the
Application for Conversion on Form AC of Adirondack  Financial Services Bancorp,
Inc. of our report dated  December  12, 1997,  on the  financial  statements  of
Gloversville  Federal Savings and Loan  Association as of September 30, 1997 and
1996 and for each of the years in the  three-year  period  ended  September  30,
1997.
    

We also consent to the references to our firm under the heading "Experts" in the
related prospectus.


                                          /s/ KPMG Peat Marwick LLP


   
Albany, New York
February 6, 1998