<TABLE> <S> <C>

<ARTICLE>                     9
<LEGEND>
The schedule contains summary information extracted from the December 31, 1998
Form 10-K for Main Place Funding, LLC and is qualified in its entirety by
reference to such financial statements.
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                              DEC-31-1998
<PERIOD-END>                                   DEC-31-1998
<CASH>                                          2,219,988
<INT-BEARING-DEPOSITS>                         12,000,000
<FED-FUNDS-SOLD>                                        0<F1>
<TRADING-ASSETS>                                        0<F1>
<INVESTMENTS-HELD-FOR-SALE>                     8,794,598
<INVESTMENTS-CARRYING>                            201,190
<INVESTMENTS-MARKET>                              201,220
<LOANS>                                        13,092,178
<ALLOWANCE>                                       (37,599)
<TOTAL-ASSETS>                                 36,950,906
<DEPOSITS>                                              0<F1>
<SHORT-TERM>                                    8,658,818
<LIABILITIES-OTHER>                               591,556
<LONG-TERM>                                     2,499,879
<PREFERRED-MANDATORY>                                   0<F1>
<PREFERRED>                                             0<F1>
<COMMON>                                                0<F1>
<OTHER-SE>                                     25,200,653
<TOTAL-LIABILITIES-AND-EQUITY>                 36,950,906
<INTEREST-LOAN>                                 1,110,868
<INTEREST-INVEST>                               1,345,293
<INTEREST-OTHER>                                  785,030
<INTEREST-TOTAL>                                3,241,191
<INTEREST-DEPOSIT>                                      0<F1>
<INTEREST-EXPENSE>                              1,059,547
<INTEREST-INCOME-NET>                           2,181,644
<LOAN-LOSSES>                                         400
<SECURITIES-GAINS>                                201,236
<EXPENSE-OTHER>                                    41,054
<INCOME-PRETAX>                                 2,341,426
<INCOME-PRE-EXTRAORDINARY>                      2,341,426
<EXTRAORDINARY>                                         0
<CHANGES>                                               0
<NET-INCOME>                                    1,778,804
<EPS-PRIMARY>                                           0<F1>
<EPS-DILUTED>                                           0<F1>
<YIELD-ACTUAL>                                          0<F1>
<LOANS-NON>                                       109,783
<LOANS-PAST>                                            0
<LOANS-TROUBLED>                                        0
<LOANS-PROBLEM>                                         0
<ALLOWANCE-OPEN>                                   41,412
<CHARGE-OFFS>                                      (4,834)
<RECOVERIES>                                          621
<ALLOWANCE-CLOSE>                                  37,599
<ALLOWANCE-DOMESTIC>                               37,599
<ALLOWANCE-FOREIGN>                                     0<F1>
<ALLOWANCE-UNALLOCATED>                                 0<F1>
        
<FN>
<F1>N/A = Not applicable
</FN>


</TABLE>