<TABLE> <S> <C>

<ARTICLE> 9
<LEGEND>
This Schedule contains Summary Financial Information extracted from the
Consolidated Statements of Financial Condition and Operations found on pages 3
and 4 of the Company's Form 10-Q for the year-to-date and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               SEP-30-1996
<CASH>                                         119,091
<INT-BEARING-DEPOSITS>                         151,055
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                  2,228,073
<INVESTMENTS-CARRYING>                       1,704,664
<INVESTMENTS-MARKET>                         1,704,664
<LOANS>                                     11,307,216<F1>
<ALLOWANCE>                                    243,650
<TOTAL-ASSETS>                              16,986,803
<DEPOSITS>                                   8,799,990
<SHORT-TERM>                                 4,562,137
<LIABILITIES-OTHER>                            430,364
<LONG-TERM>                                  2,362,943
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0<F2>
<COMMON>                                             1
<OTHER-SE>                                     159,043
<TOTAL-LIABILITIES-AND-EQUITY>              16,986,803
<INTEREST-LOAN>                                716,523
<INTEREST-INVEST>                              216,477
<INTEREST-OTHER>                                 1,413
<INTEREST-TOTAL>                               934,413
<INTEREST-DEPOSIT>                             323,246
<INTEREST-EXPENSE>                             639,374
<INTEREST-INCOME-NET>                          295,039
<LOAN-LOSSES>                                   29,700
<SECURITIES-GAINS>                              39,013
<EXPENSE-OTHER>                                380,051
<INCOME-PRETAX>                                480,749
<INCOME-PRE-EXTRAORDINARY>                     562,197
<EXTRAORDINARY>                                  1,586
<CHANGES>                                            0
<NET-INCOME>                                   417,076
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0
<YIELD-ACTUAL>                                    7.74
<LOANS-NON>                                    228,310
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                               132,843
<LOANS-PROBLEM>                                 76,407
<ALLOWANCE-OPEN>                               210,484
<CHARGE-OFFS>                                   43,897
<RECOVERIES>                                     2,570
<ALLOWANCE-CLOSE>                              243,650
<ALLOWANCE-DOMESTIC>                             7,481
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                        236,169
<FN>
<F1> includes Loans Held for Sale $710,233
<F2> excludes $309,376 in Preferred Stock issued by First Nationwide
Bank, $150,025 in Preferred Stock issued by First Nationwide Holdings Inc. and
$154,146 for the Class B common stock of First Nationwide Holdings Inc.
</FN>
        


</TABLE>