<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM NORWEST
FINANCIAL, INC. AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-END>                               MAR-31-1999
<CASH>                                         169,017
<SECURITIES>                                 1,223,802
<RECEIVABLES>                                8,283,015
<ALLOWANCES>                                   357,213
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0<F1>
<PP&E>                                         349,639
<DEPRECIATION>                                 139,035
<TOTAL-ASSETS>                              10,481,739
<CURRENT-LIABILITIES>                                0<F1>
<BONDS>                                      8,294,894<F2>
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         3,855
<OTHER-SE>                                   1,583,682
<TOTAL-LIABILITY-AND-EQUITY>                10,481,739
<SALES>                                              0
<TOTAL-REVENUES>                               485,595
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                               200,552
<LOSS-PROVISION>                                68,082
<INTEREST-EXPENSE>                             124,863
<INCOME-PRETAX>                                 92,098
<INCOME-TAX>                                    32,335
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    59,763
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0
<FN>
<F1>NORWEST FINANCIAL INC. HAS A NON-CLASSIFIED BALANCE
SHEET SO THIS INFORMATION IS UNAVAILABLE.
<F2>INCLUDES $3.0 BILLION OF SHORT-TERM LOANS.
</FN>