<TABLE> <S> <C>

<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED FINANCIAL STATEMENTS OF CHARTER ONE FINANICAL, INC. AND 
SUBSIDIARIES AS OF AND FOR THE THREE MONTHS ENDED MARCH 31, 1998 AND 
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<RESTATED>
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               MAR-31-1997
<CASH>                                         151,036
<INT-BEARING-DEPOSITS>                          25,000
<FED-FUNDS-SOLD>                                50,233
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                  1,369,502
<INVESTMENTS-CARRYING>                       5,084,037
<INVESTMENTS-MARKET>                         5,084,037
<LOANS>                                     10,651,588
<ALLOWANCE>                                     92,456
<TOTAL-ASSETS>                              18,032,500
<DEPOSITS>                                  10,204,050
<SHORT-TERM>                                         0
<LIABILITIES-OTHER>                            411,328
<LONG-TERM>                                  6,167,487
<PREFERRED-MANDATORY>                            1,230
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                   1,248,405
<TOTAL-LIABILITIES-AND-EQUITY>              18,032,500
<INTEREST-LOAN>                                207,980
<INTEREST-INVEST>                              115,223
<INTEREST-OTHER>                                 5,808
<INTEREST-TOTAL>                               329,011
<INTEREST-DEPOSIT>                             110,410
<INTEREST-EXPENSE>                             200,205
<INTEREST-INCOME-NET>                          128,806
<LOAN-LOSSES>                                    4,826
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                                 77,062
<INCOME-PRETAX>                                 78,613
<INCOME-PRE-EXTRAORDINARY>                      78,613
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    51,883
<EPS-PRIMARY>                                      .41
<EPS-DILUTED>                                      .40
<YIELD-ACTUAL>                                    2.98
<LOANS-NON>                                     38,607
<LOANS-PAST>                                    16,864
<LOANS-TROUBLED>                                 6,722
<LOANS-PROBLEM>                                 25,600
<ALLOWANCE-OPEN>                                94,112
<CHARGE-OFFS>                                    8,377
<RECOVERIES>                                     1,245
<ALLOWANCE-CLOSE>                               92,456
<ALLOWANCE-DOMESTIC>                            92,456
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0
        

</TABLE>