Exhibit 23.1
CONSENT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS
We consent to the reference to our firm under the caption "Experts" in the
Registration Statement on Form S-8, expected to be filed with the Securities
and Exchange Commission on or about December 8, 2000, for the registration
of the Matrix Bancorp, Inc.'s Executive Deferred Compensation Plan, and to the
incorporation by reference therein of our report dated March 20, 2000, with
respect to the consolidated financial statements of Matrix Bancorp, Inc.,
included in its Annual Report (Form 10-K) for the year ended December 31, 1999
filed with the Securities and Exchange Commission.
/s/ Ernst & Young LLP
Phoenix, Arizona
December 8, 2000
