EXHIBIT 23.1
CONSENT OF INDEPENDENT AUDITORS
The Board of Directors
Troy Financial Corporation
We consent to incorporation by reference in the Registration Statement on Form
S-8 of Troy Financial Corporation relating to The Troy Savings Bank 401(k)
Savings Plan in RSI Retirement Trust, of our report dated November 5, 1999,
relating to the consolidated statements of condition of Troy Financial
Corporation and subsidiary as of September 30, 1999 and 1998, and the related
consolidated statements of income, changes in shareholders' equity and cash
flows for each of the years in the three-year period ended September 30, 1999,
which report appears in the September 30, 1999 Annual Report on Form 10-K of
Troy Financial Corporation.
/s/ KPMG LLP
Albany, New York
August 4, 2000
