<TABLE> <S> <C>

<ARTICLE>                     9
<LEGEND>                 
     This schedule  contains summary  financial  information  extracted from the
Statements  of  Consolidated   Financial  Condition  as  of  December  31,  1996
(Unaudited)  and the  Statements of  Consolidated  Operations for the six months
ended  December  31,  1996  (Unaudited)  and is  qualified  in its  entirety  by
reference to such financial statements.
</LEGEND>
<MULTIPLIER>                                   1,000
       
<S>                                      <C>
<PERIOD-TYPE>                            6-mos
<FISCAL-YEAR-END>                        JUN-30-1997
<PERIOD-START>                           JUL-01-1996
<PERIOD-END>                             DEC-31-1996
<CASH>                                        105327
<INT-BEARING-DEPOSITS>                             0
<FED-FUNDS-SOLD>                               52096
<TRADING-ASSETS>                                   0
<INVESTMENTS-HELD-FOR-SALE>                   229714
<INVESTMENTS-CARRYING>                       2171202
<INVESTMENTS-MARKET>                         2097078
<LOANS>                                      2851705
<ALLOWANCE>                                        0
<TOTAL-ASSETS>                               5543924
<DEPOSITS>                                   3552914
<SHORT-TERM>                                 1565607
<LIABILITIES-OTHER>                            49141
<LONG-TERM>                                        0
<PREFERRED-MANDATORY>                              0
<PREFERRED>                                        0
<COMMON>                                         204
<OTHER-SE>                                    376058
<TOTAL-LIABILITIES-AND-EQUITY>               5543924
<INTEREST-LOAN>                               106057
<INTEREST-INVEST>                              80286
<INTEREST-OTHER>                                   0
<INTEREST-TOTAL>                              186343
<INTEREST-DEPOSIT>                             70093
<INTEREST-EXPENSE>                             40397
<INTEREST-INCOME-NET>                          75853
<LOAN-LOSSES>                                   1544
<SECURITIES-GAINS>                               108
<EXPENSE-OTHER>                                52469
<INCOME-PRETAX>                                30072
<INCOME-PRE-EXTRAORDINARY>                     19478
<EXTRAORDINARY>                                    0
<CHANGES>                                          0
<NET-INCOME>                                   19478
<EPS-PRIMARY>                                   0.95
<EPS-DILUTED>                                   0.95
<YIELD-ACTUAL>                                  7.24
<LOANS-NON>                                    22542
<LOANS-PAST>                                       0
<LOANS-TROUBLED>                                   0
<LOANS-PROBLEM>                                    0
<ALLOWANCE-OPEN>                               12891
<CHARGE-OFFS>                                    269
<RECOVERIES>                                       0
<ALLOWANCE-CLOSE>                              14166
<ALLOWANCE-DOMESTIC>                           14166
<ALLOWANCE-FOREIGN>                                0
<ALLOWANCE-UNALLOCATED>                            0
        

</TABLE>