The Board of Directors
State Financial Services Corporation:

We consent to incorporation by reference in the Registration Statement on Form
S-8 of State Financial Services Corporation (the Company) relating to the
registration of up to 325,000 shares of the Company's common stock, $.10 par
value, issuable under the State Financial Services Corporation 1998 Stock
Incentive Plan, as amended, of our report dated January 29, 1999, relating to
the statements of operations, stockholder's equity, and cash flows of Home
Federal Savings and Loan Association of Elgin for the year ended December 31,
1998, which report is included in the December 31, 2000 annual report on Form
10-K of State Financial Services Corporation.


                              /s/  KPMG LLP

Chicago, Illinois
August 10, 2001