UNITED STATES
                     SECURITIES AND EXCHANGE COMMISSION 
                           Washington, D.C. 20549 

                                  FORM 10-K /A/
                                  Amendment #1
                                  Exhibit 27.1
(Mark One)      
     [x]         Annual Report Pursuant to Section 13 or 15(d) 
                   of the Securities Exchange Act of 1934 
                 For the fiscal year ended December 31, 1996 

                                      OR

     [ ]    Transition Report Pursuant to Section 13 or 15(d) of the 
                       Securities Exchange Act of 1934 

                       Commission file Number 0-22516 

                         GREENPOINT FINANCIAL CORP. 
           (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) 

              DELAWARE                               06-1379001  
(STATE OR OTHER JURISDICTION OF 
INCORPORATION OR ORGANIZATION)          (I.R.S. EMPLOYER IDENTIFICATION NUMBER)

90 PARK AVENUE, NEW YORK, NEW YORK                      10016
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)              (ZIP CODE) 

     REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (212) 834-1711 

         SECURITIES REGISTERED PURSUANT TO SECTION 12(B) OF THE ACT:

      TITLE OF EACH CLASS           NAME OF EACH EXCHANGE ON WHICH REGISTERED
              NONE                                     NONE

         SECURITIES REGISTERED PURSUANT TO SECTION 12(G) OF THE ACT: 

                            TITLE OF EACH CLASS  
                         Common Stock $0.01 par value

Indicate by check mark whether the registrant (1) has filed all reports 
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 
1934 during the preceding 12 months (or for shorter period that the registrant 
was required to file such reports), and (2) has been subject to such filing 
requirements for the past 90 days. [x] YES      [ ] NO 

Indicate by check mark if disclosure of delinquent filers pursuant to item 405 
of Regulation S-K is not contained herein, and will not be contained, to the 
best of registrant's knowledge, in definitive proxy or information statements 
incorporated by reference in Part III of this Form 10-K or any amendment to 
this Form 10-K. [x]

The aggregate market value of the voting stock held by non-affiliates of the 
registrant as of  March 21, 1997: Common stock par value $0.01 per share, 
$2,117,587.

This figure is based on the closing price by the New York Stock Exchange 
("NYSE") for a share of the registrant's common stock on March 21, 1997, which 
was $55.00 as reported in the Wall Street Journal on March 24, 1997.  The 
number of shares of the registrant's Common Stock issued and outstanding as of  
March 21, 1997 was 47,152,976 shares.

                     DOCUMENTS INCORPORATED BY REFERENCE
Portions of the definitive Proxy Statement for the Annual Meeting of 
Stockholders to be held on May 2, 1997 and the Annual Report to Stockholders 
for fiscal 1996 are incorporated herein by reference  - Parts II and III. 

                            EXPLANATORY NOTE
This amendment to Form 10-K 405 on Form 10-K 405/A has been prepared to 
include exhibit 27.1 which was previously omitted. No part of the Form 
10-K 405 as previously filed, other than Part III, Item 14, Exhibit 27.1, is 
affected by this amendment.





SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange 
Act of  1934, the Registrant has duly caused this report to be signed on its 
behalf by the undersigned, thereunto duly authorized.

                                      GreenPoint Financial Corp.


                                      By:      /S/ Thomas S. Johnson
                                               Thomas S. Johnson
                                               Chairman of the Board,
                                               President and Chief
                                               Executive Officer

Dated: March 11, 1997

Pursuant to the requirements of the Securities Exchange Act of 1934, this 
report has been signed below by the following persons on behalf of the 
Registrant and in the capacities indicated and on the dates indicated.


Signature                     Title                         Date


/S/ Thomas S. Johnson         Chairman of the Board,        3/11/97
    Thomas S. Johnson         President and Chief
                              Executive Officer


/S/ Bernard S. Berman         Director                      3/11/97
    Bernard S. Berman


                              Director                      3/11/97
    Edward C. Bessey


/S/ Dan F. Huebner            Director                      3/11/97
    Dan F. Huebner


/S/ William M. Jackson        Director                      3/11/97
    William M. Jackson


/S/ Susan J. Kropf            Director                      3/11/97
    Susan J. Kropf


/S/ Robert M. McLane          Director                      3/11/97
    Robert M. McLane


/S/ Charles B. McQuade        Director                      3/11/97
    Charles B. McQuade


/S/ Alvin N. Puryear          Director                      3/11/97
    Alvin N. Puryear


/S/ Robert P. Quinn           Director                      3/11/97
    Robert P. Quinn


/S/ Edward C. Schmults        Director                      3/11/97
    Edward C. Schmults


/S/ Wilfred O. Uhl            Director                      3/11/97
    Wilfred O. Uhl


/S/ Robert F. Vizza           Director                      3/11/97
    Robert F. Vizza


/S/ Jules Zimmerman           Director                      3/11/97
    Jules Zimmerman



/S/ Charles P. Richardson     Executive Vice President      3/11/97
    Charles P. Richardson     and Chief Financial Officer


/S/ Mary Beth Farrell         Senior Vice President         3/11/97
    Mary Beth Farrell         and Comptroller

GREENPOINT FINANCIAL CORP.

                                    BYLAWS


                          GREENPOINT FINANCIAL CORP.



                                    BYLAWS


                           ARTICLE I - STOCKHOLDERS

      SECTION 1.   ANNUAL MEETING.

      An annual meeting of the stockholders, for the election of Directors to 
succeed those whose terms expire and for the transaction of such other business 
as may properly come before the meeting, shall be held at such place, on such 
date, and at such time as the Board of Directors shall each year fix, which 
date shall be within thirteen (13) months subsequent to the later of the date 
of incorporation or the last annual meeting of stockholders.


      SECTION 2.   SPECIAL MEETINGS.

      Subject to the rights of the holders of any class or series of preferred 
stock of the Corporation, special meetings of stockholders of the Corporation 
may be called only by the Board of Directors pursuant to a resolution adopted 
by a majority of the Whole Board.  The term "Whole Board" shall mean the total 
number of Directors which the Corporation would have if there were no vacancies 
on the Board of Directors (hereinafter the "Whole Board"). 


      SECTION 3.   NOTICE OF MEETINGS.

      Written notice of the place, date, and time of all meetings of the 
stockholders shall be given, not less than ten (10) nor more than sixty (60) 


                                EXHIBIT 27.1
                           FINANCIAL DATA SCHEDULE


[NAME] GREENPOINT FINANCIAL CORP.
<MULTIPLER>   1,000,000
[PERIOD-TYPE]             12-MOS
[FISCAL-YEAR-END]         DEC-31-1996
[PERIOD-END]              DEC-31-1996
[CASH]                                           78.0
[INT-BEARING-DEPOSITS]                          109.5
[FED-FUNDS-SOLD]                                388.5
[TRADING-ASSETS]                                    0
[INVESTMENTS-HELD-FOR-SALE]                   4,355.4
[INVESTMENTS-CARRYING]                            4.0
[INVESTMENTS-MARKET]                              4.0
[LOANS]                                       7,404.1
[ALLOWANCE]                                    (105.0)
[TOTAL-ASSETS]                               13,325.6
[DEPOSITS]                                   11,452.3
[SHORT-TERM]                                     89.5
[LIABILITIES-OTHER]                             320.4
[LONG-TERM]                                         0
[PREFERRED-MANDATORY]                               0
[PREFERRED]                                         0
[COMMON]                                          0.5
[OTHER-SE]                                    1,459.3
[TOTAL-LIABILITIES-AND-EQUITY]               13,325.6
[INTEREST-LOAN]                                 594.3
[INTEREST-INVEST]                               379.7
[INTEREST-OTHER]                                    0
[INTEREST-TOTAL]                                974.0
[INTEREST-DEPOSIT]                              525.7
[INTEREST-EXPENSE]                              527.5
[INTEREST-INCOME-NET]                           446.5
[LOAN-LOSSES]                                   (15.7)
[SECURITIES-GAINS]                                0.9
[EXPENSE-OTHER]                                 263.2
[INCOME-PRETAX]                                 224.5
[INCOME-PRE-EXTRAORDINARY]                      132.5
[EXTRAORDINARY]                                     0
[CHANGES]                                           0
[NET-INCOME]                                    132.5
[EPS-PRIMARY]                                    3.02
[EPS-DILUTED]                                    2.97
[YIELD-ACTUAL]                                   3.51
[LOANS-NON]                                     356.1
[LOANS-PAST]                                        0
[LOANS-TROUBLED]                                    0
[LOANS-PROBLEM]                                     0
[ALLOWANCE-OPEN]                               (105.5)
[CHARGE-OFFS]                                   (17.5)
[RECOVERIES]                                      1.3
[ALLOWANCE-CLOSE]                              (105.0)
[ALLOWANCE-DOMESTIC]                           (105.0)
[ALLOWANCE-FOREIGN]                                 0 
[ALLOWANCE-UNALLOCATED]                             0