CONSENT OF INDEPENDENT AUDITORS




     We hereby  consent to the  incorporation  by reference in the  Registration
Statements on Form S-8 of Tri-County Financial Corporation (Commission File Nos.
333-79237 and 33-97174),  of our report dated February 15, 2001, relating to the
consolidated financial statements of Tri-County Financial Corporation.





                                                           /s/ Stegman & Company



Baltimore, Maryland
March 27, 2001