<TABLE> <S> <C>

<ARTICLE>                                            9
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION DERIVED FROM GREATER
ATLANTIC FINANCIAL CORP.'S UNAUDITED FINANCIAL STATEMENTS FOR THE THREE MONTHS
ENDED DECEMBER 31, 1999, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS AND THE NOTE THERETO.
</LEGEND>
<CIK>                                      0001082735
<NAME>               Greater Atlantic Financial Corp.
<MULTIPLIER>                                    1,000
<CURRENCY>                                        USD

<S>                             <C>
<PERIOD-TYPE>                                   3-MOS
<FISCAL-YEAR-END>                         SEP-30-2000
<PERIOD-START>                            OCT-01-1999
<PERIOD-END>                              DEC-31-1999
<EXCHANGE-RATE>                                     1
<CASH>                                          3,070
<INT-BEARING-DEPOSITS>                         10,455
<FED-FUNDS-SOLD>                                    0
<TRADING-ASSETS>                                    0
<INVESTMENTS-HELD-FOR-SALE>                    79,645
<INVESTMENTS-CARRYING>                         31,330
<INVESTMENTS-MARKET>                           30,608
<LOANS>                                        93,941
<ALLOWANCE>                                       590
<TOTAL-ASSETS>                                227,057
<DEPOSITS>                                    128,450
<SHORT-TERM>                                   63,291
<LIABILITIES-OTHER>                             1,421
<LONG-TERM>                                    10,000
<PREFERRED-MANDATORY>                              30
<PREFERRED>                                         0
<COMMON>                                            0
<OTHER-SE>                                     23,865
<TOTAL-LIABILITIES-AND-EQUITY>                227,057
<INTEREST-LOAN>                                 1,615
<INTEREST-INVEST>                               1,943
<INTEREST-OTHER>                                    0
<INTEREST-TOTAL>                                3,558
<INTEREST-DEPOSIT>                              1,720
<INTEREST-EXPENSE>                              2,494
<INTEREST-INCOME-NET>                           1,064
<LOAN-LOSSES>                                       0
<SECURITIES-GAINS>                                 (6)
<EXPENSE-OTHER>                                 2,240
<INCOME-PRETAX>                                  (545)
<INCOME-PRE-EXTRAORDINARY>                       (545)
<EXTRAORDINARY>                                     0
<CHANGES>                                           0
<NET-INCOME>                                     (331)
<EPS-BASIC>                                      (.11)
<EPS-DILUTED>                                    (.11)
<YIELD-ACTUAL>                                   6.88
<LOANS-NON>                                        53
<LOANS-PAST>                                        0
<LOANS-TROUBLED>                                    0
<LOANS-PROBLEM>                                     0
<ALLOWANCE-OPEN>                                  590
<CHARGE-OFFS>                                       0
<RECOVERIES>                                        0
<ALLOWANCE-CLOSE>                                 590
<ALLOWANCE-DOMESTIC>                              565
<ALLOWANCE-FOREIGN>                                 0
<ALLOWANCE-UNALLOCATED>                            35


</TABLE>