FIRST BANCORP OF INDIANA INC
10-K405, EX-23, 2000-09-27
SAVINGS INSTITUTION, FEDERALLY CHARTERED
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                                                                   Exhibit 23


                          Independent Auditor's Consent

We  consent  to  the  inclusion  of  our  report  dated  July  27,  2000  on the
consolidated  financial  statements  of  First  Bancorp  of  Indiana,  Inc.  and
Subsidiary  as of June  30,  2000 and for  each of the  years in the  three-year
period  then ended in the  Registration  Statement  on Form S-8 (No.  333-36076)
filed by First Bancorp of Indiana,  Inc. with the United States  Securities  and
Exchange Commission.

/s/ Olive LLP

Evansville, Indiana
September 22, 2000



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